Deadline: 27 September 2024
The BlueInvest is inviting applications for its exclusive Readiness Assistance coaching programme for high potential EU start-ups and SMEs with innovative and sustainable products and solutions for the Blue Economy.
Benefits
- For the third edition of the BlueInvest, 100 companies will be selected to benefit from the Readiness Assistance programme. Participants to the programme will:
- Receive feedback on their investment readiness level and a set of recommended coaching packages based on their needs analysis.
- Be matched with a dedicated business coach.
- Receive targeted assistance from their business coach, who will provide one-to-one coaching sessions over a 3-month period.
What they offer?
- Pre-assistance discovery workshop
- Get to know your coach, discuss the assessment results and receive a first diagnostic of your company’s business dimensions.
- Fine-tune coaching needs and receive a tailored coaching plan with an emphasis on measurable objectives.
- Pitch doctor
- Develop your pitching presentation.
- Communicate with impact: rehearsals and live feedback.
- Physical and virtual pitching preparation.
- Internal and sustainability reporting.
- Sustainability reporting framework and tools to measure, track, and disclose your ESG performance in line with EU regulations and investor expectations.
- Hands-on guidance on integrating sustainability considerations throughout your operations, from carbon footprint assessment to developing a roadmap for emissions reduction and resource efficiency improvements.
- Operational excellence
- Verify your company’s value chain from sourcing, to production and distribution.
- Identify and receive support to develop strategic commercial partnerships.
- Assess your current team structure and skillset.
- Market readiness, product & innovation
- Refine and validate your product fit versus the market needs
- Review the product’s business model
- Identify and target reference customers
- Receive technical and IP mentorship, if applicable
- Mainly for early-stage start-ups
- Marketing & growth strategy
- Refine the communication strategy of your company’s value proposition.
- Analyze key marketing and sales channels.
- Reinforce your lead generation strategy and market segmentation.
- Receive guidance for the identification of potential clients, partners and resellers.
- Obtain an overview of your sales cycle.
- Challenge the user experience journey.
- Master client feedback.
- Improving investment readiness and reaching bankability
- Essentials of business case with a focus on profitability and revenue-generation potential.
- Challenge key financial indicators for investors’ due diligence (e.g. cash-flows, NPV, ROI, IRR).
- Develop and fine-tune your business plan.
- Review and align your financial strategy with your market plan.
- Identify your company’s financing needs.
- Access to finance
- Define your fundraising strategy (equity, debt).
- Identify a list of potential investors and other financing sources.
- Review guidelines for the development of documentation for investors.
- Define your approach for short-listing of key leads, meeting preparation and deal analysis.
- Receive support for negotiations and pitch presentation.
- Corporate strategy
- Refine your company’s strategy, vision, and mission.
- Challenge your value proposition and define your Unique Selling Point.
- Verify your business model and fine-tune your company’s goals and KPIs.
Eligibility Criteria
- Please be informed of the following selection criteria to be eligible for the program:
- EU headquartered company.
- TRL 4 or higher.
- You have an innovative and sustainable product/solution for the Blue Economy.
- You cannot be a previous Readiness Assistance Beneficiary.
For more information, visit BlueInvest.