Project description
A female force to assist in growing business strategy
In collaboration with medical experts, the Nordic startup Connect the Dots (CTD) is developing a virtual world where extensive medical procedural training can be carried out in a safe environment. The aim is to increase the efficiency and availability of training, without putting any patient at risk. In this context, the EU-funded Women Tech EU project will assist CTD, with its female founder and CEO, in its business growth strategy (based on research and knowledge about the market in Norway and beyond) through mentorship and funding. Specifically, the project will help CTD to build a high-performance team that will strengthen the company’s foundation.
Objective
Primary objectives are market mapping and scaling growth related to our business plan. It is highly relevant to implement these in our strategic planning and development from an early stage to assess our market opportunity at a fast pace. Secondary objectives are preparing our business for expansion through insight into public procurement and employment.
Up until today we have gained information on the market situation for VR training in Norway, and characteristics that are important to take into consideration in our country. However, we are focusing on developing VR-training on international standardized procedures, confirming a great potential for our solution outside of the country. In order to succeed, we need to dedicate resources to execute an analysis of the international market. In particular, we need to conduct a competitor landscape analysis in the field. This includes addressing suppliers of medical training in VR and suppliers of e-learning for procedural training. Additionally, we need to address which markets will be our primary objectives for future expansion. These will be addressed by conducting a target market analysis and industry overview. We thereafter need to get insight and knowledge on the purchase process for our primary objectives, besides building the foundation for our employment.
Women TechEU can help our business growth strategy both through mentorship and financing. We would benefit from having a mentor with experience from working with business in a fast-paced growth environment. Furthermore, we would benefit if the mentor had worked with MedTech and/or internationalization. It would be valuable for us to have a mentor that could play an active role in helping us improve our starting point related to facing the demanding and time-consuming purchase process. Included in this, is having mentorship to help us evaluate and strengthen our foundation for building a high-performance team.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
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Keywords
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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HORIZON.3.2 - European innovation ecosystems
MAIN PROGRAMME
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Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
HORIZON-CSA - HORIZON Coordination and Support Actions
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Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) HORIZON-EIE-2021-SCALEUP-01
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Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
9019 Troms
Norway
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.