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How to participate
If you want to participate, nothing is simpler.
You will be asked to present your project with the help of
a few questions.
For all data — private, commercial or financial—
supplied by the candidates, a non-disclosure agreement (NDA)
is applied for purposes outside of EUROWARDS functioning.
EUROWARDS and its partners commit to this NDA.
3 selection criteria
Your company will be evaluated according
to 4 criteria:
- feasibility/viability
- originality/ability to compete
- European potential
How are applicants selected? What
added value does nomination bring?
Applicants have to answer a number of basic questions at the
EUROWARDS website.
Based on these details, the Selection Committee picks out
24 applicants every quarter in each category. These ‘pre-selected‘
are then invited to attend the Assessment Session as part
of a broader event called ‘Clever Networking’ (www.clever-networking.com).
Over the course of a day of evaluation, consultation with
the assessors and selection between peers, the Assessment
Session makes it possible to:
- uncover directly the strengths and weaknesses of the promoters
and their business/project;
- understand how external investors view their presentation
- develop business relationships with other entrepreneurs
of the same calibre, as well as with consultants specialising
in business guidance
- rehearse and improve their techniques at presenting their
business/project in front of a room full of people
When the Assessment Session has been completed, the winners
are announced and the media informed.
What is the added value
for applicants who are not selected?
Applicants who do not continue forward in the EUROWARDS process
are invited to take part in ‘Clever Networking’,
which is held on the fringes of the Assessment Sessions, where
they are able to develop their business network in theme-based
micro-discussions.
Every month, EUROWARDS e-mails a summary of the best submissions
to its database of 1,000 investors. Any investors interested
can contact EUROWARDS,which acts as an intermediary in handling
any follow-up.
All EUROWARDS applicants receive an individual outline evaluation
of their project and can order a full-scale assessment or
additional coaching.
What proportion of the costs are borne by applicants?
To be able to take part in the EUROWARDS process, each entrepreneur
is asked to contribute an annual membership fee of 75 EUR
(10 EUR for entrepreneurs from a Partner Region which has
paid its annual subscription).
Participation in the Coaching Session is free of charge.
There is a fee charged for taking part in Clever Networking.
Those entrepreneurs who are members of the association enjoy
a reduction, and an additional discount is granted to entrepreneurs
from a Partner Region.
In all cases, entrepreneurs are required to pay for their
travel, accommodation and food expenses, except where special
arrangements have been made.
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