Enhancing Prosperity Through Competitive Industries
Initiatives that enhance economic prosperity by improving the competitiveness of a region’s industries. Approaches may include but are not limited to expanding the innovation capacity of existing companies or industries; helping industries to develop new leading-edge products or services; infusing innovation into business operations; or, cultivating an innovation ecosystem of interconnected businesses, suppliers, and associated institutions.
Evaluation Criteria for Enhancing Prosperity Through Competitive Industries
Applications will be evaluated according to a scoring system with a set of weighted criteria based on the applicant’s ability to clearly demonstrate: impact, transferability, partnerships, context, ability to achieve its vision, and innovativeness. Judges will provide an overall score and a breakout score for the six criteria listed below.
- Impact = 25%
- Transferability of Lessons Learned = 20%
- Partnerships = 15%
- Context = 15%
- Ability to Achieve its Vision = 15%
- Innovativeness = 10%