FAQ

What you should know about the Public Value Award.

The evaluation of your start-up from a social perspective can show you new growth potential. The contribution that your company makes to the common good (public value) is not only important for society, your customers or your employees, it is increasingly also a decision-making criterion for investors.

As a winner or finalist, you will become part of our network: If you wish, we will network you with industry experts or possible cooperation partners. We also provide valuable tips and suggestions for dealing with your business challenges.

My company hasn't been founded yet, but the idea is there: Can I still apply?"

The company should already be in the start-up phase. Companies that make a contribution to the common good but are not yet generating sales can also apply.
What is the maximum age my start-up can be?

We don't set an age limit here and we don't make any distinctions between whether the start-up is still in the seed phase or already in the expansion phase.
As a start-up, do I have to have a social focus?

No. We look forward to applications from all industries and sectors. Social entrepreneurship is just one example.
Can I send additional information material so that the jury can get a better picture?"

Yes. You have the option of loading and sending additional material within the application.
Do all applicants get feedback, regardless of whether the start-up has become a finalist or not?"

Due to the large number of applications that reach us, individual feedback is unfortunately not possible.
What is the Public Value Scorecard (PVSC)?

The Public Value Scorecard expands traditional valuation models to include aspects of basic human needs to create a holistic navigation aid. In the form of a spider's web, the PVSC graphically visualizes opportunities and risks. More explanations can be found here.
What if I don't contribute at all in a category?"

That's no problem, apply anyway! It is unlikely that a start-up is equally strong in all dimensions.
My start-up is apparently only strong in one public value dimension: is it still worth applying?

If you think that your start-up only scores in one dimension, we recommend taking a closer look in the other dimensions - or changing your perspective. Because how strong you rate your start-up in one dimension does not have to correspond to how others rate it.
Does my start-up have to have a high public value in order to be successful in competition?"

The prize is awarded to the start-up with the highest public value. However, the assessment of the jury or the audience may differ from your own.
According to which criteria does the jury evaluate?

The jury evaluates your start-up based on the Public Value Scorecard. The basis for their evaluation are the documents you have submitted, including your evaluation within the Public Value Scorecard of your application. If you make it to the final, your final pitch and the answers you can give to the questions that follow also count.

My company hasn't been founded yet, but the idea is there: Can I still apply?"

The company should already be in the start-up phase. Companies that make a contribution to the common good but are not yet generating sales can also apply.
What is the maximum age my start-up can be?

We don't set an age limit here and we don't make any distinctions between whether the start-up is still in the seed phase or already in the expansion phase.
As a start-up, do I have to have a social focus?

No. We look forward to applications from all industries and sectors. Social entrepreneurship is just one example.
Can I send additional information material so that the jury can get a better picture?"

Yes. You have the option of loading and sending additional material within the application.
Do all applicants get feedback, regardless of whether the start-up has become a finalist or not?"

Due to the large number of applications that reach us, individual feedback is unfortunately not possible.
What is the Public Value Scorecard (PVSC)?

The Public Value Scorecard expands traditional valuation models to include aspects of basic human needs to create a holistic navigation aid. In the form of a spider's web, the PVSC graphically visualizes opportunities and risks. More explanations can be found here.
What if I don't contribute at all in a category?"

That's no problem, apply anyway! It is unlikely that a start-up is equally strong in all dimensions.
My start-up is apparently only strong in one public value dimension: is it still worth applying?

If you think that your start-up only scores in one dimension, we recommend taking a closer look in the other dimensions - or changing your perspective. Because how strong you rate your start-up in one dimension does not have to correspond to how others rate it.
Does my start-up have to have a high public value in order to be successful in competition?"

The prize is awarded to the start-up with the highest public value. However, the assessment of the jury or the audience may differ from your own.
According to which criteria does the jury evaluate?

The jury evaluates your start-up based on the Public Value Scorecard. The basis for their evaluation are the documents you have submitted, including your evaluation within the Public Value Scorecard of your application. If you make it to the final, your final pitch and the answers you can give to the questions that follow also count.

Not everything clear yet?

Then send us an email to contact@publicvalueaward.de