Why You should get Your Startup Score!
Founders tend to focus on parts that they are comfortable with and neglect other critical parts of their startup. Challenges are unique to each founder, but when unaddressed or when not brought into light, they can lead to both wasted time and money.
Through this assessment we aim to help first time founders and early-stage startups to avoid wasting 9 to 12 months of their time which is usually lost through procrastination and not surmounting hurdles because of a lack of focus or skills.
This score will tell you about the overall maturity of your startup and give you indication of your fundraising readiness. Typically scores about 70 are good indicators that you are in good shape and ready to fundraise for your pre-seed or seed investment
The Rader chart or Spider graph is another to visualize gaps. In particular it is usual when you want to compare your startup with another startup or when you want to compare your ideal score compared to a benchmark
The question level breakdown allows your to understand which questions in particular have impacted your score in a particular dimension, and helps you hence identity the immediate action your need to take
For each section you will get a specific report section that contains 3 elements. The first one is an analysis of your score in that dimension, providing you with recommendations what you need to change, and what are possible reasons for you to be in that current situation. Secondly we will guide you to learning content specific to that section, This can help you better understand that problem area and hence will be very valuable as you need to start planning for corrective measures. Last but not least, we will highlight how Innoopolis can help you in closing some of the gaps
In our assessment, ten dimensions are defined, and they are representative of what investors or venture capital firms would normally be looking for in startup and its founders, but it also represents what business accelerators would expect you to tackle when developing your venture. It addresses the main questions they usually have around the problem and market opportunity, the team’s ability to execute and the market validation and traction the teams have done so far.
