1nSight – Deep Tech Strategic Due Diligence to Increase Investor Trust

DARE Innovations

Hungary

Service ID:

EP265S2
Service description

Raising funds for a deep tech startup feels like a necessary, often uncomfortable and incredibly complex hurdle. Delays in funding or hitting unforeseen costs from poor planning can directly impact the pace of crucial scientific work. DARE Deep tech venture navigator is a strategic tool and compass in the hands of scientific startup founders and their investors. The process unfolds in three steps: Step 1: Online Assessment: Begin by completing an online assessment, designed to evaluate the tech startup's technological maturity, business readiness, and regulatory landscape. This initial step helps us identify the current status and potential areas for development. Step 2: Expert Meeting and Discussion: Following the assessment, founders will have a dedicated online meeting with DARE’s seasoned expert, who brings a deep understanding of deep tech commercialisation and experience in the EIC Innovation Radar methodology. This session focuses on discussing the detailed results and providing crucial guiding questions and directions for future steps. Step 3: Detailed Report and Insights: Receive a comprehensive report providing a crystal-clear picture in each focus area. This clarifies the strengths, precisely identifies critical gaps and strategic next steps, giving the key insights needed for effective planning. The expected outcome of this services is for deep tech founders to gain laser focus and a clear understanding of startup readiness, forming the essential foundation for a targeted and derisked commercialisation planning, which will elevate investor trust on their journey to market.

Sector
Biotechnology
Health and medical care
Pharmaceuticals
Technology Readiness Level
TRL 1 – Basic principles observed
TRL 2 – Technology concept formulated
TRL 3 – Experimental proof of concept
TRL 4 – Technology validated in lab
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

The price of the full assessment (steps 1-3): €2800 +VAT. 
Hourly fee for any additional mentoring activity: €150 +VAT.
Offering 10% discount to Women founders, and founders coming from the “WIDENING” countries. If both applies, 15% of discount will be received.

Disclaimer related to service

This Service is fully tailored to each EIC beneficiary and Seal of Excellence Holder.

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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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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.