Entrepreneurial Idea Feasibility Assessment: A Strength-Based, SDG-Supported Evaluation Framework

Purpose

This assessment is designed to help you evaluate the feasibility of your business idea using a structured, multidimensional approach.

Unlike traditional feasibility assessments that focus only on commercial viability, this framework integrates:

  • problem–solution fit
  • operational feasibility
  • financial and commercial logic
  • ethics and responsibility
  • sustainability and SDG alignment

This template does NOT determine whether your idea is “good” or “bad.”
Instead, it helps you:

  • understand the strengths of your idea
  • identify areas that require refinement
  • evaluate how your idea creates value responsibly

Instructions

Complete each section thoughtfully and honestly.

✔ Use evidence wherever possible (research, observation, interviews)
✔ Be specific rather than general
✔ Identify both strengths and limitations
✔ Reflect on both commercial and impact dimensions


🔹 1. Idea Overview

  • Brief description of the business idea
  • Core problem being solved
  • Target customer or user
  • Relevant sustainability or SDG principle connected to the idea
  • Why this idea matters commercially and responsibly

🔹 2. Problem–Solution Fit

  • Top customer problems identified
  • Existing alternatives currently used
  • Why your solution is different or stronger
  • Evidence of need (research, interviews, observation)
  • Does the solution reduce social or environmental harm? How?

🔹 3. Sustainability Integration Check

  • Is sustainability embedded in the product/service design or only messaging?
  • What SDG-related outcome does the idea indirectly support?
  • Does sustainability create trust, efficiency, or differentiation?
  • Potential sustainability risks or unintended impacts
  • Key non-negotiable responsibility standards for this idea

🔹 4. Technical & Operational Feasibility

  • Key resources or capabilities required
  • Technology, knowledge, or partnerships needed
  • Operational challenges or complexity
  • Responsible sourcing or ethical operational considerations
  • Can the idea be delivered consistently while maintaining standards?

🔹 5. Risks & Assumptions

  • Biggest assumption behind the idea
  • Operational or execution risks
  • Reputational or ethical risks related to sustainability claims
  • Where commercialization pressure could weaken responsible practices

🔹 6. Value Creation & Long-Term Responsibility

  • How does the idea create long-term value beyond short-term profit?
  • Does the business model encourage responsible customer behavior?
  • What ethical boundaries should never be crossed?
  • How will the idea maintain trust with customers and stakeholders?

🔹 7. Feasibility Reflection (Not a Judgment)

Select the option that best reflects the current state of your idea:

☐ Strong Idea — Ready for Further Development
☐ Needs Testing and Refinement
☐ Not Feasible Yet

License

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Entrepreneurship for Impact Copyright © 2026 by Akshay Raorane and Keyano College is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License, except where otherwise noted.