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Evaluation criteria

Quality, potential and team

When evaluating applications, CRAASH Barcelona will consider the following criteria:

Overall project quality

The project is of great quality and credible in its proposed approach.

Market opportunity / Business potential

The proposal demonstrates a clear market need/challenge as well as a method to take advantage of that need/challenge.

Pathway to impact

Assuming the solution works as intended, rate the project on its likelihood of impacting patients in under 3 to 5 years.

Team & resources

The team will be rated on the team and available resources, considering the project’s maturity level, including mix of team members, demonstrated interest in commercialization, skills and experience, etc.

Rules of participation

Team commitments

Teams will need to commit themselves to:

  • Participate in the level-up virtual session, kick-off meeting.
  • Participate in the online mentoring sessions with experts mentors and faculty.
  • Participate in the online masterclasses on the relevant topics for developing their business models.
  • Conducting the minimum number of interviews required by the program.
  • Participate in the online soft landing session in international markets and peer to peer sessions (Holland and Germany).
  • The entrepreneurial lead must follow at least 90% of the activities whereas the clinical and the technical leads are expected to attend at least 80% of the activities mentioned above. 

In the event of not respecting these rules, Biocat is free to terminate the project's participation in the program. Besides, each team needs to cover its own traveling and accommodation expenses to Barcelona - if any - and to Boston.

In total, to develop all the mentioned activities, each team is expected to invest 40 hours per week, to follow the program.

CRAASH Barcelona is free of charge for the participants, and the promoters do not take equity either. In return, in case a project or startup achieves a successful event, a scheme of profit sharing has been designed.

CRAASH Barcelona 2024 Rules for participation
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