Selection Process

Two stage evaluation process

A two stage selection process would be followed for finalization of startup firm

Applicants would be shortlisted by a constituted committee based on their application. While shortlisting, the committee would look into the following aspects:

  • Uniqueness of the Innovation Idea
  • Feasibility of the Idea
  • Scope of Innovation
  • Social, Environmental and Economic Impact
  • Revenue / Business Model
  • Robustness of the business plan along with timelines
  • Relatedness of the innovation idea with Balmer Lawrie’s line of businesses
  • Profile of Team Members
  • Revenue & Expenditure Plan
  • Presentation & Personal Interaction
Last updated on : 23/02/2021
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