ready A focus on customer validation In the first stage, our process focuses on understanding the scope of the problem, validating it with customers, designing a solution, and conducting initial competitive analysis. Some resources that are available in this stage include coaching office hours, IDEA workshops and events, templates and guides, and the Prototype Fund.
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Build your business model In the second stage, ventures work to develop their business model. This includes establishing their initial product or service, considering revenue models, and creating a go-to-market strategy. Some resources that are available in this stage include business model guides, access to service providers and being connected with IDEA coaches.
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