Selection Process
Two stage evaluation process
A two stage selection process would be followed for finalization of startup firm
Applicants would be shortlisted by a constituted committee based on their application. While shortlisting, the committee would look into the following aspects:
- Uniqueness of the Innovation Idea
- Feasibility of the Idea
- Scope of Innovation
- Social, Environmental and Economic Impact
- Revenue / Business Model
- Robustness of the business plan along with timelines
- Relatedness of the innovation idea with Balmer Lawrie’s line of businesses
- Profile of Team Members
- Revenue & Expenditure Plan
- Presentation & Personal Interaction
BL StartUp Fund
Last updated on : 23/02/2021
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