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Prizes

The proposals will be reviewed and evaluated by a dedicated panel of experts (herein called as Evaluation Committee). The Evaluation Committee will consist of three members: one from HAMAC one from the other project organizations and one external associate from the academia/private sector. The following evaluation criteria will be adopted:

  • Benefit and Innovativeness (customer benefit, other advantages, innovation level)
  • LDA relevance (significance of the use of GMES and GNSS data for realization of added value through LDA)
  • Technological feasibility (technological feasibility, availability of prototype) • Market potential (chance of commercial success, such as expected demand, investment potential and short time to market)
  • Completeness of the proposal, implementation plan
  • Legal aspects and risks (legal risks, ability to patent, regulations/laws to be considered)

The best five (5) projects in the competition will receive a cash prize of up to EUR 15,000 each. Note that the aforementioned “incubation package” is valued over EUR 75,000.

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