Business strategy development

FFUND BV

Netherlands

Service ID:

EP196S2
Service description

This service equips EIC beneficiaries with insights to enable strategic decision-making. In this service, we define the collaboration strategy towards the optimal initial business proposition. Our programme is designed along the following key deliverable: 1. Strategic advice on the company financing and business development. 2. Development of a business plan slide deck in PowerPoint format (up to 30pgs). 3. Evaluation of the company documentation in line with the business proposition, financing strategy and timelines towards the next steps. FFUND expert team will build a strategic (up to 25 page) slide deck in PowerPoint format comprising of the  key chapters, a) Business strategy - Clear expose of the long-term vision of the company and the underlying strategy; b) Market evaluation and analysis - Primary market identification (desk research driven), comparing up to 3 different target markets/use cases. c) Description of the main user groups of the product (up to 3 target markets). d) Product-market fit (how the business of the client provides value for the market). The market analysis will be complemented by competitive landscape analysis and addressable market sizing.  e) Commercialisation strategy - Clear description of the specific strategy with regards to repurposing. Tailored advice on market entry, partnerships, and pricing strategies to maximise revenue potential. f) Finance (in collaboration with company CFO) - Current financial performance & sales forecast. g) Gap Analysis and Recommendations: Identification of market barriers and opportunities, with actionable steps to address gaps and enhance market readiness.

Sector
Biotechnology
Digital and Information communication technology
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

In the initial step, we will plan an online meeting to discuss the process and identify the in specifics the needs of the EIC beneficiary (free of charge). The service is designed as an initial package at a cost of €12,500 excl VAT. The support will be delivered in a time frame of 4-6 weeks.  The specific deliverables will be tailored to the EIC beneficiary's needs and identified in the introductory meeting.

Disclaimer related to service

FFUND is a Dutch consulting firm specialised in accelerating innovations within the Life Sciences sector. FFUND reserves the right to not engage with EIC beneficiaries that fall outside its areas of expertise, namely diagnostics, therapeutics, medtech, digital health, and deep tech.

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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.