A venture team makes a presentation to external reviewers who have different backgrounds. Reviewers rate the venture team GREEN, YELLOW, or RED using specified criteria.


A venture team rated GREEN enters the post-GREEN phase of the venture creation process and may ask for resources from the community (e.g., space, cash, coaching, etc.).


A venture team rated YELLOW or RED is invited to present again upto 5 times. Venture teams that are rated YELLOW or RED remain in the pre-GREEN phase of the venture creation process.


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