The Cyberport Incubation Programme (CIP) evaluates applications based on key criteria that significantly influence your chances of being accepted into the program. 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 CIP evaluates applications using a weighted scoring system across five main dimensions:

• Market Viability with Milestones and Contribution to Cyberport’s Strategic Clusters (30%): Demonstrating the market opportunity and alignment with Cyberport’s strategic clusters.
• Quality and Competence of the Management Team (20%): Evaluating the team’s capability and track record.
• Business Scalability (20%): The scalability and growth potential of the business.
• Functional Prototype or Product Secured by Design to Solve a Real Problem (20%): The readiness and feasibility of the product or prototype.
• Innovativeness (10%): How innovative and disruptive the solution is.

Reference: Cyberport Guidelines

Section 2: Detailed Evaluation Criteria Breakdown

1. Market Viability with Milestones and Contribution to Cyberport’s Strategic Clusters (30%)

• Key Dimensions:
  • Vision and Mission: Is the vision clear and aligned with the market opportunities?
  • Problem Statement & Market Need: How well-defined and urgent is the problem you are solving?
  • Proposed Products/Services: Are the products/services innovative and addressing a clear market need?
  • Target Market/Clients and Market Potential: Who are the clients, and how large is the market potential?
  • Go-to-Market & Marketing Strategy: What strategy do you have for product launch and client acquisition?
  • Competitor Analysis: Have you identified your competitors, and how do you differentiate?
  • Contribution to Cyberport’s Strategic Clusters: How does your project contribute to Cyberport’s key clusters and the broader innovation ecosystem?

2. Quality and Competence of the Management Team (20%)

• Key Dimensions:
  • Project Delivery Track Record, Execution Capability, and Probability of Launch: Does your team have experience and capability to execute and deliver on the project?
  • Individual Qualifications: What are the relevant qualifications and expertise of the team members?
  • Individual Roles & Responsibility/Team Structure: Is the team structure clearly defined with well-distributed roles and responsibilities?

3. Business Scalability (20%)

• Key Dimensions:
  • Business Model: Is the business model clear, sustainable, and scalable?
  • Product Viability, Desirability, and Feasibility: Is the product scalable in terms of production and market demand?
  • Business Launch Plan, Performance Milestones, and Objectives: How detailed is the plan to bring your product to market?
  • Revenue Model/Revenue Plan: How do you plan to generate revenue, and is the model scalable?
  • Exit Strategy: Do you have a defined exit strategy, and is it achievable?