Selection Criteria

Selection for Springboard business acceleration services depends on your business's capabilities, prospects and market potential, and the value that including your company in the program can offer.

The weighting given to selection criteria differ depending on the level of incubation your company is applying for, as flexibility will be provided for early stage businesses. The selection criteria are;

Package Entry Requirements Package 1 Support Program Package 2 Development Program
Tasmanian based company * *
Science or technology company * *
Founder(s) committed to success * *
Innovative product/service * *
Company owns the IP * *
National market potential * *
Competitive advantage * *
Business plan documented *
Product/service concept developed * *
Product/service development well underway (>50% completed) *
Strong financial returns likely *

Click here to learn more about the selection process...