It’s me Firas again, I hope all of you enjoyed celebrating new year’s eve with the family and beloved ones. I would like to take the chance to thank everyone who shared their ideas with us, honestly we were not expecting this amount of ideas to be shared at this stage. We apologize to all of those who haven’t heard from us yet, we promise that we will be replying back very soon. Today we are announcing the criteria of which we will be following when nominating your ideas to be taken to the next level.
Before talking about the factors we will consider when judging the ideas, I have a few points that I would like to make clear since we aim in being transparent and clear with everyone.
The first point is about confidentiality of your ideas. We guarantee that all of your ideas will be dealt with very high confidentiality even if the idea was not approved or didn’t make it to the final stages. We will not be working on any idea without its owner.
The second point is that all ideas will be judged equally and only the ones that meet the requirements will be taken onto the next level. At this stage we can’t work on all projects at once, but we promise that all approved ideas that were not chosen to work on within the first season, will be on a priority list for the next season.
Factors that will be considered when judging the ideas:
1- The core of the idea itself should be related to the Web and the Internet.
2- Background, skills and related experience of the idea’s owner.
3- The idea itself.
4- The target market/audience.
5- Research results of the Ideators.
We will be providing you with extra details on each and every point on later stages in addition to various tips on how to better present your ideas and how to increase the chance of getting your idea approved.
Mainly the business model will be based on a pure revenue sharing basis and partnership between Ideation Labs and the owner of the idea. We can’t standardize or generalize the details of how we will be partnering with the owners of the winner ideas, therefore we will be setting the details on a case by case criteria.
Very soon, we will be sharing with you when and how you can share your ideas with us, so stay tuned!
