Client Background
Our client is an Greentech company with a
background in engineering, is passionate about addressing environmental
challenges. The company has a vision of creating a new wing that focuses on
innovative green technologies to reduce carbon emissions and promote
sustainability.
Problem Statement
The company was aimed to develop end to end
feasibility and Conceptualization as well as
product development process
Strategy
and Implementation Advised
1.
Ideation and Research
·
We as a advisor of the project
started with ]conducting extensive research into environmental issues,
renewable energy, and sustainable technologies.
·
Our team and consultants
attended industry conferences and webinars, networked with experts, and
subscribed to relevant publications to stay updated on the latest trends and
developments.
2. Identifying a Niche:
·
During the research, we noticed
a gap in the market for efficient, small-scale renewable energy solutions for
urban areas.
·
We conducted surveys and
interviews to validate the demand for such solutions.
3.
Feasibility Analysis:
·
We developed a preliminary
business plan outlining our clients vision, potential target market, and
initial funding requirements.
·
As a next stage we performed a
competitive analysis to understand existing solutions and their shortcomings.
4.
Market Validation:
·
We demonstrated newly developed
prototype at local sustainability events in European and Asian market that received
feedback from potential customers and industry experts.
Outcome of
Conceptualization and Feasibility Study
During the Conceptualization phase, our
client achieved the following
·
Identified a niche for her green
technology startup.
·
Conducted preliminary market research and obtained positive feedback.
·
Developed a functional
prototype.
·
Started assembling a core team
of experts.
·
Began understanding the legal
and regulatory aspects of her business.
The next steps for our client would be:
·
Further refining the prototype
based on feedback.
·
Conducting a detailed market
analysis to identify target demographics and competition.
·
Seeking additional funding and
partnerships for full-scale development.
·
Exploring potential pilot
projects and partnerships with municipalities or green energy providers.
Note – The duration of above stated advisory
project is of two years.