Create Verification Funding Excellens
| Reference number | |
| Coordinator | Create Business Incubator Mälardalen AB |
| Funding from Vinnova | SEK 9 500 000 |
| Project duration | May 2016 - February 2021 |
| Status | Completed |
Purpose and goal
** Denna text är maskinöversatt ** The project aims to accelerate and streamline customer verification in new innovative and knowledge-intensive business ideas and starups. By coming out early and vigorously and meeting the market with the intended customer offering, important understanding and customer commitment is created, which is critical for saving time and money when new companies are to emerge. 10-15 new verified business ideas. The purpose is also to strengthen collaboration with other incubators in Sweden.
Expected results and effects
** Denna text är maskinöversatt ** More efficient verification of new business ideas. Improved basis for decisions on funding, continued support from incubator etc. Tydligare GO/NO GO for the founders through STEP and business development. Create is today a well-respected incubator with clear internal structural capital and efficient use of resources.
Planned approach and implementation
** Denna text är maskinöversatt ** Upon admission to Create, companies are given the opportunity to apply for verification funds. Documentation is developed together with the business coach and decisions are made by all business developers at Create during a weekly meeting. After verification is completed, the final report must be written and the effects of the verification funds evaluated continuously over time linked to the companies´ heat-driving factors and in their progress scanning.