golden egg check - an online platform and toolset to build, test, and valuate your business...

GOLDEN EGG CHECK

Build, share and challenge your business case

Software tools & expertise for entrepreneurs, incubators & innovative companies

Backgrounds Focus of the Golden Egg Check

Reve

nue

Time

What happens here?

Our philosophy Traditional approach

Strategy Business model Hypothesis driven

Business plan Implementation driven

Development Customer development Build the product iteratively and incrementally

Product management Fully specify the product before building it

Speed of movement

Rapid Operates on good-enough data

Lean startup approach

Measured Operates on complete data

Finance and investment

Metrics that matter Investors perspective

Income and cash-flow statements, balance sheet Accounting & control

Backgrounds Traditional approach doesn’t fit the early stage of entrepreneurship and innovation

Therefore we have spent a considerable amount of time to find out: !(1) how to help you build a start- and runner-up company in a dynamic way !(2) how to make it easy to share and communicate with others about the business case !(3) how to challenge your proposition and offer a standardized assessment so that it would be really easy to gather multidisciplinary feedback and create value !(4) and how to facilitate and optimize the process of innovation centers by providing tools, insights and metrics for portfolio & community management

Backgrounds Our challenge

An easy-to-use online portfolio environment for

entrepreneurs, experts, coaches, investors, incubators

and accelerators with tools to build and share

business cases and challenge their potential and

investor readiness.

!• Build, share and challenge business cases

(workplace, check and dashboards)

• Create a dedicated community with

entrepreneurs, coaches, experts and investors

• Benchmark business cases and monitor portfolio

metrics

• Manage an innovation proces and create best

practices

Backgrounds Golden Egg Check in a nutshell

Our track record Startup, SME & corporate companies, incubators & accelerators

Some examples of dedicated portfolio users with a regional focus:

Some examples of dedicated portfolio users with a thematic focus:

Nanotechnology High-Tech Agro, Food & Environment

Brainport region Gelderland province Twente region

+ more than 700 entrepreneurs, business developers, etc. using our software

Golden Egg Check Personalized homepage with an overview of propositions and their metrics

Golden Egg Check Personalized homepage with an overview of your propositions, invites and activity

Meetings Date, time(span), people involved, topics, uploads

To Do’s Topic, description,

assignee, created by, created at, deadline,

status

Feedback Topic, description,

# issues, created by, created at

(1) Build - your business model, business proposition and roadmaps !(2) Challenge - from investors point of view to know where to work on !(3) Learn - to improve your proposition !!and scale your idea to a successful business with help of the community

For entrepreneurs and business developers Build, challenge, learn and eventually scale

Build

ChallengeLearn

Build Workplace (pitch, team, business model, product, market, financials)

Elements in workplace: !

Pitch Team

Business model canvas Product Market

Financials & Valuation Other elements (customized

for portfolio users)

Build Interact with others by feedback, work on to-do’s and milestones, in-depth information via uploads

Use this text-box to give a more detailed description of your team's experience. !You should at least answer questions like: !- What is the (target) market for your idea? Please be as specific as possible. !- Is there a large market for your solution? Is this market growing? !!

EXPLANATION

[Characteristics] [Customers] [Competitors] [Value Chain]

EXPLANATION

Build Easy visualisation and in-depth information (team, product, market)

Build Easy visualization and in-depth information (team, product, market)

Build Powerful financial overviews - Metrics, forecast, investments

Challenge Assess your proposition and ask others to do so as well

Challenge Monitor the development of a business proposition

Challenge Assess a proposition i.e. on investors criteria

Learn Measure progress and define your roadmaps to succes

Learn Measure progress and define your roadmaps to succes

Learn With help of dedicated EIT ICT Labs community

(1) Content - the development and quality of business propositions !(2) Process - monitor and optimize your process !(3) Community - coaches, experts, investors, etc. which added value to your

companies !We provide all kind of admin features for portfolio usage. We customize them to your specific needs. By doing so only relevant information is presented.

For management Monitor and guide your accelerator process

Monitor

IdentifyGuide

Management functionality Propositions - Users - Metrics - Activity within your accelerator

Propositions Overview, details, people involved, key metrics & status, to-do, feedback and meetings

* This is the management overview, via “Go to proposition” you will see the in-depth and detail information with respect to this business case.

Propositions (1) Overview, details, people involved, key metrics & status, to-do, feedback and meetings

Propositions (2) Overview, details, people involved, key metrics & status, to-do, feedback and meetings

Meetings Date, time(span), people involved, topics, uploads

To Do’s Topic, description, assignee, created

by, created at, deadline, status

Metrics GEC score,

investor interest, progress, timeline

and roadmap

Feedback Topic, description,

# issues, created by, created at

Users Overview, profile, propositions involved, metrics, to-do’s, feedback and meetings

Users (1) Overview, profile, propositions involved, metrics, to-do’s, feedback and meetings

Users (2) Overview, profile, propositions involved, metrics, to-do’s, feedback and meetings

Meetings Date, time(span), people involved, topics, uploads

To Do’s Topic, description, assignee, created

by, created at, deadline, status

Metrics # Propositions

# Checks # Meetings

# Interactions

Feedback Topic, description,

# issues, created by, created at

Activity Send messages (open, dedicated), assign to-do’s and initiate and plan meetings

Meetings Date, time(span), people involved, topics, uploads

Messages Addressed to,

subject, message, uploads

To Do’s Topic, description, assignee, deadline,

status

Metrics Your funnel - key numbers - cases - users - investments

Metrics will be defined based on your specific needs. You can think of: !Portfolio status: • # business cases and # users • Per phase in funnel • Per action line • Per stage of development • Per industry • Per country • … !Development of business cases: • Revenue (delta) • FTE (delta) • Investment needed/ raised • Valuation (delta) • Check scores (actual, delta, desired) • Progress score (delta) • …

!Activity of business developers: • # cases (per phase, action line, etc.) • # meetings, interactions, etc. • Average level of cases development per business developer • …

Metrics Your funnel - key numbers - cases - users - investments

www.goldeneggcheck.com - hello@goldeneggcheck.com

GOLDEN EGG CHECK

Build, share and challenge your business case