Evaluation and decision

START_02_Evaluation_und_Entscheid

First, your application will be formally reviewed. Then, it will be assessed by an independent expert and according to defined criteria. The expert will get in touch with you for a short meeting. Finally, the Innovation Council of Innosuisse will decide whether to accept and decline your application and you will be notified. This process usually takes three to four weeks.

Criteria for evaluating your application

Applications are assessed based on the initial application requirements.

Formal criteria:

  • Are all required information submitted and correct?
  • Has the start-up already set up a business in Switzerland within the last five years or the last ten years in justified cases (e.g. time-intensive life science start-ups)?

OR

  • Does the start-up have a Swiss address and is there an intention to incorporate a company in Switzerland?

Assessment criteria:

  • Is the business model innovative and science based?
    The developed solution and/or business model has to be considered a novelty on the market and can be associated with a scientific discipline.
  • Is the product/service defendable?
    The competitive advantage of a start-up is crucial to succeed. This can be a valuable IP (patent, trademark), specific know-how, or particular speed to market, etc.
  • Does the product/service have high market potential?
    Is there a demand for the developed solution with a high-enough realistic market size?
  • Is the business model scalable?
    A company can achieve strong and profitable growth in a short period of time if it has a repeatable, scalable business model.
  • Is the team ambitious and fully committed to building the business and open to input?
    Building a startup is very dynamic and requires a lot of time and effort. Therefore the start-up team must be fully committed and agile in the execution.

Decision

The Innosuisse Innovation Council decides on your application based on the information provided and assessments:

  • Your application is approved
    Innosuisse will inform you your application has been approved by email and also formally by letter. You start your coaching once approval is confirmed.
  • Your application is rejected
    Innosuisse will inform you of the negative decision by letter. The communication will explain why the application was not approved.

A rejected application can be revised at any time and submitted to Innosuisse as a new application, provided that the criteria that were not met have been changed. The newly submitted application will be re-evaluated according to the usual evaluation process.


Frequently asked questions

Last modification 04.05.2021

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Start-ups and Next-Generation-Innovators division

Alexandra Musy
Start-up Coaching Support

+41 58 485 64 55

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https://www.innosuisse.ch/content/inno/en/home/start-and-grow-your-business/startup-coaching/initial-coaching/evaluation.html