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iRubric: Marine Energy Collegiate Competition: Powering the Blue Econ rubric

iRubric: Marine Energy Collegiate Competition: Powering the Blue Econ rubric

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Marine Energy Collegiate Competition: Powering the Blue Econ 
The Business Model Canvas - Client Project
Marine energy has the potential to provide reliable power to the blue economy, but further work is needed to optimize designs and reduce costs. The competition’s objectives are to bring together diverse groups of students from multiple disciplines to explore opportunities for marine energy technologies to benefit other existing maritime industries via real-world concept development experiences.
Rubric Code: H238375
By jayschach
Ready to use
Public Rubric
Subject: Business  
Type: Project  
Grade Levels: Undergraduate

Powered by iRubric MECC
The U.S. Department of Energy hosts a challenge for university students to advance one of the most up-and-coming industries: marine energy. This competition is designed to challenge interdisciplinary teams of undergraduate and graduate students to offer unique solutions to the burgeoning marine energy industry that can play a vital role in powering the blue economy
  Not Approaching Standards

(N/A)

Meets Standards

(N/A)

Exceeds Standards

(N/A)

Social Issue
30 pts

Executive Summary
Not Approaching Standards

No introduction or conclusion is included. Hard to follow. Facts are copied from the source.
Meets Standards

Simple introduction and conclusion Facts are linked in a logical manner.
Exceeds Standards

Inviting introduction and conclusion that is a dramatic call for action so that the reader knows that the social issue is a serious one. The topics are related and grouped together in an organized way.
Market Deployment Feasibility
30 pts

(marketability, buildability, public/market acceptance,
identification of stakeholders and end users, cost competitiveness in comparison to
other energy sources)
Not Approaching Standards

Poorly considered and presented product that may not be practical in the market place. Little to no thought or consideration was put in to MVP idea.
Meets Standards

A creative product that is/ may be viable in the market place. Some thought was given to the MVP creation of the product idea.
Exceeds Standards

Well thought out, creative, and unique product that is viable to the market place. It is evident that extensive thought was put in to the MVP idea.
Risk Recognition and Management
30 pts

Recognition of failure maintenance, operational expenses)
Not Approaching Standards

Vague specific customer problems cited and needs with lack of back up data to show market potential. Specific key features of product that does not match the customers problems/needs.
Meets Standards

Specific customer problems cited and needs with back up data to show market potential. Specific key features of product that match the customers problems/needs.
Exceeds Standards

Specific customer problems cited and needs with extensive back up data to show MULTIPLE market potential. Specific key features of product that match the customers problems/needs.
Innovation, creativity, and originality and presen
30 pts

How well the plan is
presented in writing
Not Approaching Standards

Clear understanding of specific customers missing potential size of market . General or missing business model archetypes for customer. Missing or to general of an understanding of the job we are handling for the customer.
Meets Standards

Clear understanding of specific customers with potential size of market. Specific business model archetypes for customer. Complete understanding of the job we are handling for the customer
Exceeds Standards

Clear understanding of specific customers in MULTIPLE markets. Specific business model archetypes for each market. Multiple jobs we are handling for the customer specific to the market.
Interviews
30 pts

Number of end-user interviews/surveys and quality of inputs received
Not Approaching Standards

Missing steps to attract, keep and grow the customer. Missing understanding of needed relationship with customer.
Meets Standards

Three part plan to attract, keep and grow customers with specific benchmarks.Clear understanding of the complete customer relationship needs.
Exceeds Standards

In depth three part plan to attract, keep and grow customers with specific benchmarks.Specific understanding of the complete customer relationship needs.
Revenue Stream
30 pts

Financial analysis and documentation
Not Approaching Standards

Incomplete of missing list of key partners, suppliers, resources required of each key partner. Key partners expected return missing or to general, from your side of the venture.
Meets Standards

A complete list of key partners, suppliers, resources required of each key partner. Key partners expected return from your side of the venture.
Exceeds Standards

An extensive list of key partners, suppliers, resources required of each key partner. Key partners expected return from your side of the venture with monetary value
Final Document
Pages should be 8.5 inches by 11 inches, paginated, single-sided, and with 1-inch
margins, at a minimum.
● Content should be at a minimum single spaced.
● The body of the report must use a minimum 11-point font.
● Captions for figures and tables must be numbered for easy navigation.
● The final document must be packaged into a single, bookmarked PDF file
  Not Approaching Standards

Less then 20 pages

(N/A)

Meets Standards

20 Pages

(N/A)

Exceeds Standards

25 to 30 pages

(N/A)

Sources
10 pts

* APA Citations
Not Approaching Standards

list of sources with out proper APA citations for presentation slides
Meets Standards

Complete list of sources with proper APA citations for presentation slides
Exceeds Standards

Extensive list of sources with proper APA citations for presentation slides



Keywords:
  • The Business Model Canvas



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