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Evaluation Criteria for Idea Submission - Inventors Challenge 2022

Apurva Varma
5 minute read time.

Please find the evaluation criteria below. You can download the criteria at the end of this post. If you have any questions about the evaluation criteria, then please leave them in the comments section below.

Parameters Definition Description Weighting Examples for reference only
Idea Domain From IoT & AI Domain 0 – Idea is NOT from the IoT or Edge AI domain

1 – Idea is from either IoT or Edge AI or from both domains
Ideas from Edge AI and IoT domain only will be evaluated		 Not Applicable (N/A)
Innovation Uniqueness or Improvement Over Existing Solution Your idea must be an innovation (improvement over existing) or inventive (something new), and be different than what exists 0 – The idea does not seem to have any value

1 to 2 – The idea seems to be an improvement though not significant. The value addition may be minor towards user adoption.

3 to 5 – The idea enables some valuable use cases that was not practically feasible in the past – e.g. solution can run without needing battery replacement or power

6 to 8 – The idea enables a completely different use case that was not feasible in the past or is a substantial shift in cost of solution allowing much wider acceptance thereby opening new market.

9 to 10 – The idea is unique/ something new / inventive is identified		 3
Deliver value or solves a problem Importance of problem Potential of the problem. Your idea must address a specific problem of your target audience. It must deliver value to your customer addressing their needs rather than their wants. It solves a problem. 0 – Problem stated does not deliver value

1 to 2 –Problem stated is having a minor impact on society, environment

3 to 5 – Problem stated is having selective impact on society, environment

6 to 8 – Problem stated will have a major impact on society, environment going forward. Problem impact is not widely visible

9 to 10 – Problem impact is worldwide. No Solution is available so far.		 2.5 1 to 2 (Minor) - Person has to go to Geyser to change the temperature so making remote for Geyser.

3 to 5 (Selective) - Problem exist in Specific segment only. For example, industrial, military, mining.

6 to 8 (Major) - High power consumption of certain product to improving efficiency . Changing fan from ACIM to BLDC which improving power efficiency

9 to 10 (Worldwide) - Covid Test Kit , Solar Energy , Banking Security , People data Security etc .
Completeness of proposed solution The proposed idea could be a global solution. The solution  demonstrates  completeness, uses technologies that are future-relevant. The solution demonstrates a high potential to scale, in a way that is equitable, sustainable, and globally impactful. 0 - Solution is not solving the problem stated

1 to 2 -Solution addresses the problem partially, may or may not have an impact on the problem statement.

3 to 5- Solution addresses the problem in a selective way having a minor impact on the problem statement.

6 to 8 - Solution addresses the problem in a major way and demonstrates an impact on the problem statement.

9 to 10 - Best possible solution. The solution is global and demonstrates completeness		 2 1 to 2: improving the efficiency of the product by 2 or 3 percent.

3 to 5 : Covid test kit , taking few hours to Day , Accuracy is less than 70% or Ceiling FAN noise reduction , but not much improvement on the efficiency

6 to 8 : Good Solution - Eg : Covid test kit giving right results, but taking few mins to hours for processing the result

9 to 10 : Best Possible Solution: Covid test kit giving right results in few seconds with best accuracy.
Technological evaluation Technical feasibility versus practically adoptable The execution of your idea needs to be within the capability of current proven technologies and environmentally sustainable  0 – Idea is not technically feasible with the existing technologies

1 to 2 –Idea is technically feasible but cannot developed/suited to be an end product due to challenges.

3 to 5 - Idea is technically feasible and can become an end product but has adverse impact on environment/Society.

6 to 8 – Idea is technically feasible and can be industrialized as end product but marginal adverse impact on environment/Society.

9 to 10 – Idea is technically feasible and can be industrialized as end product, has NO adverse impact on environment/Society.		 1.5 1 to 2: Idea can not be implemented with the existing technology available. For example time machine, or needing greater than 50GHz processing power.

3 to 5: Making Jet suite with 50 Kg weight so person can not wear it

or making a wearable device with power backup of 30 min while this device supposed to be used 24X7.

6 to 8: Making some device which is causing very high air, water or noise pollution.

9 to 10: Technically feasible, adoptable and environment friendly :- Rest of the examples
Expression of idea Clarity of the idea proposed The presentation of the idea should be communicated effectively, with clear understanding of the benefits 0 - The pitch is not well prepared . Ideas are missing or are poorly communicated. Questions are poorly answered or not at all.

1 to 2 -The pitch is partially thought out and some ideas are communicated. Questions are answered reasonably well but may lack detail.

3 to 5 - The pitch is presented reasonably well and the ideas are communicated. The benefits are unclear. Some questions are answered well.

6 to 8 - The pitch is presented well and the ideas are communicated effectively. The benefits are reasonably clear. Most questions are answered well.

9 to 10 - The pitch is presented with passion and energy and the ideas are communicated effectively. The benefits are clear. All questions are answered well.		 1

Download a copy of the evaluation criteria: Evaluation Criteria - Inventors Challenge 2022.xlsx

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