Want to know how your application will be assessed? Read on…
Entries to the Rapid Recovery Challenge will be assessed based on the below criteria. When making their selection of semi-finalists, finalists and winners, the judging panel will also take into consideration the diversity of the cohort to ensure a balanced portfolio of solutions. Considerations will include (but not be limited to): the diversity of the product type, market coverage (including demographics and geography of users) and make-up of innovator teams.
Applications open on Monday 14 September 2020 and close at 12pm (noon) GMT on 26 October 2020.
Is this solution going to make a meaningful and sustained positive difference on the lives of the Challenge’s target end users? To do so, judges will consider solutions’ potential to:
Does this solution expand beyond existing best practice? Is it different or better than existing solutions?
Has this solution been designed with a clear understanding of end users’ needs? Is this solution affordable to those who need it?
Is there a credible plan to reach the Challenge’s target end users with the solution? Is there potential for this solution to sustainably scale within the UK, with a clear strategy that is financially viable?
In the later Challenge assessment periods, a component of this scaling score will be how many target end users your solution has reached.
Does this solution have a team and organisation behind it with a relevant track record, skills, experience and resources (including partnerships) to ensure success?
“Low paid” is defined as earning less than £18,252 per year (60% or less the national median annual pay in 2019, £30,420).
An “insecure role” is defined as temporary contracts less than 6 months, variable (zero-hour) contracts or self-employed earning less than £18,252 per year.
“Young people” is defined as those aged 16-24.