Judging Criteria
What You Need To Know
Evaluating LaunchPad submissions is the job of our panel of preliminary judges. They perform an incredible amount of work in a very short time, spending countless hours reviewing applications and selecting businesses with strong potential to make a positive impact on Maine’s economy.
Before you apply, take a minute to review the judging criteria.
Viability
The sustainability of your business model. Tell us why your business has staying power and how it will thrive in the market for years to come.
Scalability
The ability to adapt to increased demand. Demonstrate how you’ve prepared to handle increased demand and/or share your roadmap for driving growth.
Uniqueness
What makes your business stand out: how has it disrupted the market, how is it innovative? Tell us how your business is doing something different from the competition.
Management
The strength of your business’ management and support team. Explain how the team you’ve assembled has what it takes to lead and grow the business.
Impact
The impact of the grant to your business, as well as the impact your business seeks to have on the community, job creation, and Maine economy. Explain how your business will make Maine an even better place to live and work.
Presentation
Finalists will also be judged on the clarity and quality of their pitch, including their confidence and the strength of their value proposition. Judges will evaluate how effectively finalists respond to questions and communicate their plans for growth.
Kate McAleer, Bixby & Co
2014 LaunchPad Winner
“LaunchPad galvanized a trajectory of growth and the ability to seize on timely opportunities to grow our business.”
David Koorits, Good To-Go
2017 LaunchPad Winner
Maine needs to grow its businesses, and the fact that Maine Community Bank is stepping up and offering this service and showcasing us in front of Maine… it’s huge.”
