Open Innovation

GREYB SERVICES PTE. LTD.

Singapore

Service ID:

EP186S1
Service description

At GreyB, we empower start-ups to overcome challenges at every step of their journey—from concept development to market launch—by providing expert guidance and tailored solutions.
 
Early stage start-ups (at TRL 1-3) applying for EIC Pathfinder program:
At the early stages of innovation, start-ups often have an exciting concept, but face questions like "Is my idea or concept unique? Does it have market potential? Can it stand out from competitors? And is it even patentable?”
At early stage, GreyB helps start-up to:
Assessing Technical Novelty: GreyB’s services begins by analysing the technical aspects of your concept, determining if it is unique and patentable to ensure it has the potential for protection and entering the market.
Exploring Market Applications: Once a technical uniqueness of the concept is established, we help to explore, and validate its potential applications, and target customer segments. We also provide insights on trends, and factors that could support, or hinder your concept’s growth in the market, and in the subsequent stages of innovation cycle.
Mapping Competition: To advance, startups need to understand the competitive landscape. We identify competing and complementary technologies, products, and players to help clarify your position and differentiate your idea.
If start-up is ready for the next step, GreyB can also connect you with prototyping partners to keep the momentum going.
 
Start-ups at TRL 4 – 6, and applying for EIC Transition program:
After a concept becomes a prototype, it often requires further refinement to meet customer expectations and avoid IP risks. GreyB supports start-ups in this process by:
GreyB supports start-ups in refining the prototype, and building product positioning by:
Identifying IP Risks: At this stage, start-ups fear of unknowingly infringing on existing patents. GreyB conducts a Freedom to Operate (FTO) analysis to ensure the prototype is free of infringement issues. If any risks are found, we advise to resolve them—either by checking the validity of the infringer’s patent, redesigning features, or other solutions.
Gathering Industry Feedback: GreyB gathers feedback from industry experts and potential customers through surveys and interviews. This helps refine the prototype to align with market needs.
 
When the prototype is ready for pilot testing, and start-ups plan for growth, or a potential exit, GreyB provides:
Product Positioning: We help to position your product effectively by studying competitors and the industry landscape, allowing to fine-tune your messaging and claims
Licensing & Technology Transfer: If start-up is considering an exit, we help to identify potential licensing or technology acquisition partners and create compelling pitch materials for IP licensing or technology transfer.
 
Start-ups at TLR 6 – 9 and applying under EIC Accelerator program 
Start-ups nearing full market readiness often face challenges with scaling, analysing competitors, finding a right-fit manufacturing partners in unknown geographies, or expanding into new customer segments.
 
At this stage, GreyB supports your growth by: 
Identifying and Shortlisting Key Partners: We help to find and evaluate essential partners like suppliers, contract manufacturers, and supply chain experts for logistics, quality control, and other crucial partners for scaling the operations.
 
Developing Expansion Strategies: By uncovering competitor activities, identifying new use-cases, applications, or customer segment through incremental innovations, and providing real-world examples relevant to your challenges. This helps you build a strong business model and enter new markets confidently.
GreyB partners with you throughout the EIC programs—Pathfinder, Transition, and Accelerator—guiding you to secure funding, and make informed business decisions at each stage, with confidence.
 

Sector
Sector agnostic
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

DISCOVERY ASSESSMENTS: Fixed Scope projects with flat project  cost (5000 - 25,000 Euro)

BANK OF HOURS: Pre-purchase analyst hours in advance at discounted rate

PAY Per PROJECT: Effort hours calculated for each project based on scope (60 Euro/Hour)

i

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!

i

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.