The teams will present to a judging panel behind closed doors in a conference room setup. Each team will have 15 minutes to pitch and 15 minutes to answer questions from the judges. The judges will all have reviewed the teams' presentations in advance to ensure familiarity with the businesses and efficient use of Q&A time. The top teams will advance to the finals, where they will present without Q&A time to a live audience and the finalist judges. The judges will select the winning team immediately following the conclusion of presentations.
Impact - What will be the overall impact of the business on the industry?
Scale - How does the business seek to acquire customers and scale over time?
Competition - How does the business seek to navigate competition?
Financials - Are the financials and business model reasonable?
Solution - How well does the business solve a customer pain point?
Risk - Will the business face any substantial regulatory risks?
Team - How capable is the founding team?
Revenue - Business should be generating revenues of less than $1 million as of December 31, 2017.
Capital - Business should have raised less than $5 million of capital as of December 31, 2017.
Innovators - The current or proposed business aims to solve a problem or address an unmet need in any sector of the broader real estate industry.