Market Entry Support

Cycle Group (Cycle Managment Sarl, Cycle Investments Sarl)

Luxembourg

Service ID:

EP126S1
Service description
The Market Entry Support service is designed to help EIC Accelerator beneficiaries to establish their representations in the Asian markets by providing tailored assistance, valuable insights, and strategic guidance. Our service covers a range of essential components to ensure a smooth transition into the Asian markets. With our matchmaking assistance, we connect EIC beneficiaries to potential partners, distributors, and clients, fostering valuable relationships that will help your business succeed. Our team also conducts thorough desk research, equipping innovators with crucial information about the market, competitors, and key stakeholders. We support beneficiaries with support setting-up their operations in Singapore, which offers deep-tech companies a unique opportunity with its skilled talent pool, seizable market, and access to markets with robust GDP growth. Coupled with attractive financing options, including government grants and venture capital, Singapore provides the ideal environment for innovation and business expansion for the Asian markets. With our comprehensive approach and deep understanding of the local business environment, we'll empower EIC beneficiaries to unlock new opportunities and establish a solid foundation for growth and success in Asia. The implementation of this service usually takes three to six months and is delivered online and/or offline.
Sector
Digital and Information communication technology
Energy
Environment
Technology Readiness Level
TRL 5 – Technology validated in relevant environment
TRL 6 – Technology demonstrated in relevant environment
TRL 7 – System prototype demonstration in operational environment
TRL 8 – System complete and qualified
TRL 9 – Actual system proven in operational environment
Financial requirements

Service envelops are adjusted to meet the beneficiaries needs. Cycle Group will charge for its services a €250 hourly rate or respectively €2000 daily. In some terms services can be sponsored by Cycle Group or its non-for-profit arm. All services are performed out of Luxembourg, or Singapore, and net of applicable value added tax (if any).

Disclaimer related to service

Cycle Group works with ventures that align with its sector expertise. Please note all EIC beneficiaries may apply, but are subject to a selection process. Please feel free to reach out for more information.

Globe

Internationalisation

Application Period:
N/A, as the service is upon demand and open on a continuous basis.
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Are you in doubt if this is the right service for you, or do you want to get more information about the service? Get in touch with the EIC Partner providing this service through this query form!

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EIC ACCESS+ Co-funding

Is this the service you are looking for? If so, you can apply to the service through EIC ACCESS+! Eligible applicants can also get co-funding through the EIC ACCESS+ initiative. Find out more on the project webiste.

Receive up to €60,000 in grants, covering up to 50% of the costs, to access specialised services from the EIC Service Catalogue. Learn more on the EIC ACCESS+ website.