Award Criteria
All nominees will be assessed on the following which includes a citation to support the nomination and how it merits consideration for the Award by our iEM Board of Advisor(s):
1. Mission & Values | 10%
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What are the primary objectives of the company?
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Who are the target audience?
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Clarity of mission and commitment to create positive impact
2. Product / Service | 20%
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Provide a clear rationale of why the Product or Service was chosen to aid the objectives of the company.
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Outline how it was developed to conceive an impactful and meaningful idea.
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What was the core insight and Unique Selling Point which you based your Product or Service on?
3. Impact & Sustainability | 50%
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Future Proof – how far ahead is the business ahead of the business curve with the adoption of forward thinking strategies.
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Crisis Proof – will the business be able to withstand impending economic crisis that may befall it? How?
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Massive Value – Does the business provide massive value to the world? How?
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International – what is the scalability of the business?
4. Potential Growth | 20%
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What are the future prospects and achievements of the company?
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Give clear evidence / metrics demonstrating its performance.
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Provide a case study for why you believe this qualified for a iEM Gold Ocean Award.