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Test the value proposition
Define the problem, the target audience and the reason customers might choose your offer. Interview potential customers before investing heavily in equipment.
Plan resources
Estimate start-up expenses, recurring costs and cash needs. Allow for contingencies and distinguish revenue from profit.
Work iteratively
Test a limited offer, collect feedback and refine the business model. Once there is evidence of demand, consider the appropriate legal structure and support or financing options.
Young project holders are among the Center’s target audiences in its 2026 institutional profile.
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