We assist European deep-tech companies in identifying the most promising international markets. Our approach is based on a comprehensive market potential assessment, including the identification of key prospects and clients (international lean customer development), as well as an analysis of growth potential in selected markets. This service enables businesses to make market entry decisions with confidence, backed by extensive market insights and minimised risk.
The benefits of this service are, i) prioritization of high-growth markets, ii) deeper understanding of local competition and consumer expectations, iii) risk reduction through in-depth market insights and dynamics, iv) faster, more informed market entry decisions, v) early adopters on new markets. The process outline is, i) international markets prioritisation, ii) comprehensive analysis of defined markets data, trends, and local regulations, iii) assistance in identifying key partners, clients, and distribution channels with international lean customer development, iv) evaluation of resources and potential challenges for a successful market entry, v) target market recommendation and suggested strategies to minimise risk. The service is primarily designed for TRL9 companies ready for commercialisation; however, we also support earlier-stage companies starting from TRL6. By exploring international markets, we help you identify the optimal entry point, considering that your domestic market may not always be the best starting place. For a successful launch, we can design a tailored softlanding programme, guiding you to the most promising beachhead market.
BASIC: €20,000. Assessment of 1 selected international market, including general trends and high-level market potential, overview of main competitors and competitive landscape, and high-level guidance on next steps for market entry.
MEDIUM: €35,000. Comprehensive analysis of 3 targeted international markets to identify growth potential, competitive landscape, and consumer expectations; identification of potential early adopters and key clients across all three markets; basic review of local regulations impacting market entry; and tailored recommendations on market prioritisation and potential beachhead strategy.
PREMIUM: €60,000. In-depth analysis of up to 5 markets, including granular insights into consumer expectations, growth potential, and market dynamics; identification and profiling of key partners, clients, and distribution channels in each market; detailed examination of market-specific regulations and compliance requirements; and Personalised roadmap for market entry, including a tailored softlanding programme and support with partner introductions.
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!
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.