Newark's Most Promising
Young Entrepreneur Contest
Sponsored by Prudential Financial and Verizon
in Partnership with GNBDC and IFEL
| Overview | Criteria | Finalists | Voting and Results |
| Booksigning, Reception and Announcement of Winners |
Contest Criteria
Entries to the Newark's Most Promising Young Entepreneur
Contest will be judged according to the following criteria:
30%: Qualifications of Applicant
- The applicant's qualifications to become a successful
entrepreneur, based on personal achievement, academic accomplishments,
business experience, work experience,
and commitment
10%: Originality/Innovativeness of Business Concept
- The uniqueness, originality, and innovativeness of the business concept.
35%: Soundness of Business Plan Executive Summary
- Strength of applicant's team
- Solidity and sustainability of the company's competitive advantages
- Realistic and well-thought-out market entry and growth strategy
20%: Growth Potential of Company
- Company's potential to grow
- Realistic and promising financial projections
5%: Results of Popular Vote
