Evaluation Criteria

Application Quality

Well formed
Makes sense
Detailed and complete

Budget Quality

Well formed
Makes sense
Detailed and complete

Roadmap Alignment

Part of the 2019 roadmap?
Will it help us meet 2019 goals?
Have we already funded similar projects?

Alignment with Foundation's Mission

Does the project align with our values and mission?

Sustainability

Does the project have a sustainability plan after funding runs out?
How long do they expected to be funded for?

Impact

Will this project have a large impact on the ecosystem?
Does our $$ accelerate the project?

Risk

Are the risks of investing in this project high
Types of risk: legal or regulatory risks, reputational risk, operational/management risk etc.

Conflict of Interest

Are the conflicts of interest of investing in this project large?

Are you excited about this project?

Would you blog about it in an exciting way?

Technical Due Diligence (Team Quality / Track Record)

Has the team delivered before?
Are they determined/motivated?
Do they have the competence/skills to deliver?
Evaluate the github/past projects of each applicant
Are the claims made in the application valid?
Is it easily testable?
How will the deliverables be assessed?

Recommendation to the Board of Management

Fund
Fund w/ amendments
More info required
Do not fund

Board of Management recommendation to the Foundation Council

Strategic Recommendation - Why is this Project Aligned with the ICF Vision?
Technical Recommendation - Can this project deliver?