The Cyberport Creative Micro Fund (CCMF) evaluates applications based on key criteria that directly impact your chances of securing funding. This resource page will guide you through these criteria, helping you understand what works well and what doesn’t. Use this guide to enhance your pitch deck and maximize your chances of success.
Section 1: How We Select – High-Level Criteria Breakdown
The CCMF evaluates applications using a weighted scoring system across four main dimensions:
- Project Management Team (30%): The capability of your team and their ability to deliver the project.
- Business Model & Time to Market (30%): The clarity of your business model, market readiness, and ability to launch quickly.
- Creativity and Innovation (30%): How innovative and disruptive your solution is within your market.
- Social Responsibility (10%): The impact of your project on social issues and contributions to societal good.
Reference: Cyberport Guidelines
Section 2: Detailed Evaluation Criteria Breakdown
1. Project Management Team (30%)
- Key Dimensions:
- Project Delivery Track Record: Does your team have a proven history of delivering projects successfully?
- Individual Qualifications: Are your team members skilled and experienced in relevant areas?
- Roles & Team Structure: How well-defined are the roles and responsibilities within the team?
- World-Class Example:
- A team with serial entrepreneurs, having successfully built and exited previous startups, with clear roles and complementary skill sets that show the ability to launch a product both regionally and globally.
- Poor Example:
- A team without a clear track record or relevant experience, with vague roles or a lack of proven project delivery capability.
2. Business Model & Time to Market (30%)
- Key Dimensions:
- Vision & Mission: Clear articulation of your vision and mission.
- Problem Statement & Market Need: Is there a well-defined problem that your product or service solves?
- Business Model: How does your company generate revenue, and what is its financial sustainability model?
- Market Analysis & Competitor Research: Target market segmentation, sizing, and competitor analysis.
- Go-to-Market Strategy: Clear strategy for launching your product and acquiring customers.