Type:
Initial enrollment
Start date:
Thursday, July 23, 2015 01:45 PM PDT
End date:
Thursday, August 13, 2015 12:00 PM PDT
Enrollment is open until Thursday, August 13, 2015 12:00 PM PDT
Requirements:
Vator profiles are the applications for all Vator competitions.
That means, the profiles must be built out in order for judges to be able to evaluate and score.
This means: All founders and relevant team members (who you want us to evaluate) must have a Vator profile (filled out with relevant achievements that will wow investors). Even if you're in the top vote-getters during this round, if you do not have team info, you can be disqualified.
Also, in order to earn bonus points for investors backing your startup, investors must confirm their involvement on your Vator profile.
We can't really judge a concept on a napkin. So startups must have screen shots or a video of their product/service.
Startups must provide as much information so judges can evaluate the companies on three criteria:
1) Team 2) Commercial Viability 3) Novelty/innovation
Startups should provide PPTs, videos, screen shots to help judges evaluate.
Rules:
*Companies that have already been a finalist and on a Vator Splash stage cannot get on stage again.
During this round, Vator applies bonus points based on the startup founders, backers (mentors, investors, board members).
The more experienced the founder/team, the higher the probability of a greater score. The more high-profile investors, board members, mentors behind the company, the higher the probability of a greater score. The more high profile investors, entrepreneurs following the company, the higher probability of a higher score. The scores have corresponding vote points which will be given to startups throughout this round.
Type:
Popular vote
Start date:
Thursday, August 13, 2015 12:00 PM PDT
End date:
Tuesday, September 01, 2015 12:00 PM PDT
Enrollment is open until Tuesday, September 01, 2015 12:00 PM PDT
Finalists: top 25 selected
Requirements:
Vator profiles are the applications for all Vator competitions.
That means, the profiles must be built out in order for judges to be able to evaluate and score. This means: All founders and relevant team members (who you want us to evaluate) must have a Vator profile (filled out with relevant achievements that will wow investors).
Also, in order to earn bonus points for investors backing your startup, investors must confirm their involvement on your Vator profile.
We can't really judge a concept on a napkin. So startups must have screen shots or a video of their product/service. Startups with a product already out will be valued higher than a concept.
Startups must provide as much information so judges can evaluate the companies on three criteria:
1) Team 2) Commercial Viability 3) Novelty/innovation
Startups should provide PPTs, videos, screen shots to help judges evaluate.
Rules:
*Companies that have already been a finalist and on a Vator Splash stage cannot get on stage again. That means companies that do not qualify cannot get the 50% discounted ticket.
During this round, Vator applies bonus points based on the startup founders, backers (mentors, investors, board members).
The more experienced the founder/team, the higher the probability of a greater score. The more high-profile investors, board members, mentors behind the company, the higher the probability of a greater score. The more high profile investors, entrepreneurs following the company, the higher probability of a higher score. The scores have corresponding vote points which will be given to startups throughout this round.
This round also allows participants to get out the vote. It's our way of democratizing the process so that entrepreneurs who may have never founded a company or who haven't raised any funds from notable investors just yet can still have a chance to show that he/she can build a following.
Voters are limited to one vote per Participant for the entire competition. Participants may vote for their own company. Vator and the contest organizers have the right, in their sole discretion, to take whatever action they deem appropriate to uphold the integrity and reputation of Vator, the organizer and the competition, including the right to disqualify companies, void votes, or recalculate votes, in the event of, but not limited to, multiple votes from the same user from different IP addresses, or votes considered fraudulent,
technical failures, errors or problems occurring with the site and/or Internet services, failure of judges to perform their duties, proxy
voting or payment for votes.
The popular vote will determine about 15 to 25 semi-finalists that will move to the next round.
Type:
Judges
Start date:
Tuesday, September 01, 2015 12:00 PM PDT
End date:
Friday, September 11, 2015 12:00 PM PDT
Vote weight: 0% popular vote from previous round and 100% judges.
Judging criteria
Team
Is the team relevant to the opportunity? Does the team have the expertise to execute and succeed? Do they have the key members in place?
Novelty and product/service
Does this product/service solve a clear market problem? Is it a new and novel approach to solve a problem? Is there enough differentiation that gives this idea a fighting chance against competitors? Is the actual product/service a good prototype/starting point that reflects the founding team's vision?
Commercial Viability
Is the market a big macro opportunity and a venture-backed business? Does this startup have a clear market niche and user group? Did they indicate clearly their go-to-market strategy to attract users? Did they clearly articulate their business model? Did they demonstrate how they will compete effectively?
Requirements:
Vator profiles are the applications for all Vator competitions.
That means, the profiles must be built out in order for judges to be able to evaluate and score.
This means: All founders and relevant team members (who you want us to evaluate) must have a Vator profile (filled out with relevant achievements that will wow investors). Even if you're in the top vote-getters during this round, if you do not have team info, you can be disqualified.
Also, in order to earn bonus points for investors backing your startup, investors must confirm their involvement on your Vator profile.
We can't really judge a concept on a napkin. So startups must have screen shots or a video of their product/service.
Startups must provide as much information so judges can evaluate the companies on three criteria:
1) Team 2) Commercial Viability 3) Novelty/innovation
Startups should provide PPTs, videos, screen shots to help judges evaluate.
Rules:
Vator judges can eliminate companies that do not provide the requirements - team members and bios, screen shots of product and enough information for judges to evaluate.
Type:
Judges
Start date:
Friday, September 11, 2015 12:00 PM PDT
End date:
Tuesday, September 22, 2015 12:00 PM PDT
Judging criteria
Team
Is the team relevant to the opportunity? Does the team have the expertise to execute and succeed? Do they have the key members in place?
Novelty and product/service
Does this product/service solve a clear market problem? Is it a new and novel approach to solve a problem? Is there enough differentiation that gives this idea a fighting chance against competitors? Is the actual product/service a good prototype/starting point that reflects the founding team's vision?
Commercial Viability
Is the market a big macro opportunity and a venture-backed business? Does this startup have a clear market niche and user group? Did they indicate clearly their go-to-market strategy to attract users? Did they clearly articulate their business model? Did they demonstrate how they will compete effectively?
Requirements:
Vator profiles are the applications for all Vator competitions.
That means, the profiles must be built out in order for judges to be able to evaluate and score.
This means: All founders and relevant team members (who you want us to evaluate) must have a Vator profile (filled out with relevant achievements that will wow investors). Even if you're in the top vote-getters during this round, if you do not have team info, you can be disqualified.
Also, in order to earn bonus points for investors backing your startup, investors must confirm their involvement on your Vator profile.
We can't really judge a concept on a napkin. So startups must have screen shots or a video of their product/service.
Startups must provide as much information so judges can evaluate the companies on three criteria:
1) Team 2) Commercial Viability 3) Novelty/innovation
Startups should provide PPTs, videos, screen shots to help judges evaluate.
Rules:
Vator judges can eliminate companies that do not provide the requirements - team members and bios, screen shots of product and enough information for judges to evaluate.
