Proof of Usefulness Report

NorthInvest

Analysis completed on 1/25/2026

+348
Proof of Usefulness Score
Certified Problem Solver

NorthInvest is a legitimate, award-winning non-profit connecting tech startups with investors in Northern England, having facilitated over £41m in funding. However, the project submission itself was of extremely low quality, containing hallucinations (e.g., audience 'everyone', 'most people have used my product') and vague financial data ('marketcap 2500000'). While the underlying entity has high real-world utility and verified regional traction, the score is heavily penalized by the lack of credible evidence provided in the submission and the poor response quality.

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Score Breakdown

Real World Utility+212.5
Audience Reach Impact+30.0
Technical Innovation+15.0
Evidence Of Traction+93.75
Market Timing Relevance+70.0
Functional Completeness+2.5
Subtotal+423.75
Usefulness Multiplierx0.82
Final Score+348

Project Details

Description
We’re growing the Northern tech economy. Help us to ensure that the North of England achieves its potential. Founded by serial tech entrepreneur Dr Adam Beaumont and backed by The Northern Powerhouse, we are dedicated to building a stronger and more connected tech investor and start-up community across the North of England. We connect people and ideas, linking together the region’s uniquely innovative potential, which is currently dispersed across diverse and growing urban hubs. Based in Leeds and Manchester, we’re dynamic, approachable, politically neutral, straight talking and friendly. So we’re easy to access, provide high quality, useful advice and ‘tell-it- like-it-is’, even when it might be easier not to. Aligned with the strategic growth ambition of our Northern Powerhouse partners we are experts in: Cybersecurity, Fintech, Health-tech, Media-tech, and Tech-for-good. Our excess revenue, after deducting very lean running costs, goes into a fund to provide grants for tech-for-good social enterprise.

Algorithm Insights

Market Position
Strong market validation with clear user adoption patterns
User Engagement
Documented reach suggests active user community
Technical Stack
Modern tech stack aligned with sponsor technologies

Recommendations to Increase Usefulness Score

Document User Growth

Provide specific metrics on user acquisition and retention rates

Showcase Revenue Model

Detail sustainable monetization strategy and current revenue streams

Expand Evidence Base

Include testimonials, case studies, and third-party validation

Technical Roadmap

Share development milestones and feature completion timeline