This weekend a was asked to be one of the judges under Startup Weekend Education in Bergen. This is based on a global concept which targets startups working with products within EdTech. It was great fun working with teams of smart people.
My colleague Paul was mentor for various startups.
In 54 hours, participants share ideas, form teams, build products and launch education startups. Startup Weekend Education begins with open-mic 60-second pitches friday night that result in the formation of small teams around the best, most viable concepts. Teams spend saturday and sunday focusing on customer development, validating their ideas and building prototypes with the help of experienced mentors. On sunday, teams demo their education products and receive valuable feedback from a panel of expert judges.
The criteria which the various projects were assessed against are:
- Did the team get out and talk to customers?
- Are they actually solving a problem?
- What’s their clear value proposition to that customer?
- Have they identified a specific target market?
Execution and Design:
- Did they work well as a team?
- Did they have an MVP or prototype (paper is ok) to present?
- How functional was the demo?
- Was the usability of the product easy and friendly? Design Matters!
- Does their solution solve a core need/problem?
- Did they present a value proposition
- Is it unique?
- How will they differentiate themselves from their competition (did they identify competition)?
- What is the go-to-market/launch strategy?
- How will they make money?
- What is the user acquisition model?
- Solving a problem in education?
- Well suited for the education market?
- High impact for education stakeholders?
When working with the teams this weekend it struck me that all edTech startups should look to these criterias ones every now and then to get at reality-check on there project.
So…I thoght…why not share them on my blogg.