EIC Service 2 – EIC market fit & business model validation

Market sizing, offer validation with potential customers and competition analysis

Length

• 15 days

Beneficiaries & Sector

• EIC Pathfinder, Transition and Accelerator beneficiaries
• All verticals: Health, Blue Economy, B2B and B2C sectors...

Goals

• Gather necessary information to develop the business plan.
• Guide product development and validate it, discarding developments do not have a sufficiently large market.
• Assist in completing the full application of the EIC (Engineering, Investment, and Certification).
• Provide valuable information for investors.

Content & agenda

Module 1 - Users & customers gathering information tools (5 days):

• Get to know the customer: in-depth interviews
• Validate with experts: expert workshops
• Size the opportunity: quantitative studies and desk research

Module 2 - Networking Strategy - (2 days):

• Generate professional network and soft selling in conferences.
• Build a suitable brand image with limited resources.
• Generate credentials validating your project.

Module 3 - Customer & competitor insights for investors (5 days):

• Leverage customer and competitor insights with investors
• Use customer and competitor insights to complete the EIC application

Deliverables

• Market sizing
• Offer validation with potential customers
• Competition analysis
• The participant will integrate their results into EIC documentation and investor documentation

Format

• 2-hour face-to-face sessions
• Remote work reviewing and preparing materials
• Language. Available in English, French, Spanish

Team

• Selected EIC mentors and successful entrepreneurs (see team details)

Program cost

• 12.000€
• Special conditions for EIC beneficiaries