India & USA Market Access (technology validation, business partnerships and investment)

Global Business Inroads

Bulgaria

Service ID:

EP125S1
Service description

GBI has been supporting European innovators, startups, and SMEs to access international market opportunities in India and USA for over a decade. This service has been designed to support market research and entry within a 6-month timeline. GBI has developed a Technology Management Interface (TMI) process, platform, network, and service to help EU innovators entre new markets and also enabled the concept of an “Innovator Internationalisation Helpdesk” which acts like an EU innovator’s local team and guide in the target market helping them navigate opportunities, from understanding the market for their specific innovation to identifying customers, partners, investors, to participating in trade shows or facilitating their first pilot with local industry or research and university actors. 

Services can be customised based on the needs and include: 

i) Market Research and SWOT/Competitor Analysis; 

ii) Partner Identification: Virtual/Physical meetings with potential partners/stakeholders in targeted markets; iii) Due Diligence reports on prospective partners and clients; 

iv) Capacity building and mentorship on doing business in India and/or USA; 

v) Technology Localisation and developing local supply chain based on bill of materials, vendor assessment, pricing analysis, etc.; 

vi) Business analytics & strategy and Local Business Model Development; 

vii) Technology demonstration and pilot project facilitation; 

viii) Government Liaison; 

ix) Participation in local trade shows; 

x) Additional services for market entry including, IP Management support, Finance and Investment Advisory/Company Incorporation, etc.

Sector
Sector agnostic
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

This service cost is €20,000 – €30,000 (depending on scope of work). 

Disclaimer related to service

The general timeline is 6 months and the deliverables include market research and validation report, virtual and physical meetings organised with interested potential partners/customers/investors/distributors, due diligence report of local partners, follow up support to enter into business agreement in target market, local business model and strategy development for facilitating pilot project in target market.

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