Fake it until you make it by building a Minimum Viable Product to assess the US Market Some of the most successful European founders swear by the “MVP method” when they consider expanding into the U.S market. Why that? As the European market is smaller, European start-ups tend to build pretty horizontal products, like for instance an IoT platform, a …
Category: Tips for Startups
Big bang factory est Opérateur Agréé pour les Chèques Relance Export
Bénéficiez de ce coup de pouce pour financer vos projets US! Le Chèque Relance Export est un volet du programme “FranceRelance” lancé par le gouvernement. Il permet aux PME et ETI françaises un appui au financement de prestations d’appui à l’export par les opérateurs agréés dont big bang factory fait maintenant officiellement partie. Concretement, pour les missions de big bang …
To Outsource or to not Outsource your US development?
Starting your US development can feel as if you were a quarterback who has to score a touchdown to win. Winning clients is hard. Winning clients in the most competitive market in the world is even harder. Innovative companies are aware that US development is the key to becoming a global player. But defining the right strategy, reaching out to …
#7-Designing your medical device to address the pain points of the U.S. Healthcare system: The home-stretch
In conclusion to the Medtech series, to prepare for US Market Entry, early product concept documents, and most business plans for MedTech start-ups must include a clear-cut definition of the product “Intent of Use” and related FDA pathway, and CMS reimbursement pathways. The selected intent of use and underlying technology platform must address all the new pain points of the …
#6-Plan a reimbursement strategy from the start
“Designing for CMS” becomes an essential part of any new product development process, which needs to be implemented 16 to 24 months before drafting specific U.S. Market Entry plans. Medicare patients will now get reimbursed for medical devices that the FDA designates as a breakthrough technology. A medical device is a breakthrough technology if it fulfills the following criteria Coding: …
#Medtech Webinar
While the US market for medical technologies is the largest in the world, it is probably the most complex when it comes to the practical monetization of novel technologies. Even before: clinical validation plans are made, FDA trajectories are explored, or KOL recruited, the board (and in particular the CEO) of any entrepreneurial healthcare company must be able to answer …
Progress USA : Comment aborder le marché américain en période de COVID-19 ?
Beneficiez de du programme risingSUD et faites-vous accompagner par des professionnels ! Vous souhaitez progresser sur des aspects stratégiques avec une approche structurée afin de préparer votre lancement commercial américain ? Faites partie des 6 entreprises sélectionnées pour participer au programme Progress USA 2020 ! Un consultant chevronné de big bang factory (multi entrepreneur, expert en ventes, marketing ou levée de fonds) …
#5- Designing your product for FDA approval The example of 510k Premarket Notification Process
“Designing for FDA” is an essential part of any new product development process, which needs to be implemented 10 to 18 months before specific U.S. Market Entry and FDA submission plans are drafted. The Center for Devices and Radiological Health (CDRH) department of the Food and Drug Administration (FDA) has released Guidance for Industry on the 510(k) Premarket Notification Process …
Do your homework 📝before raising funding with US VCs,
Dear fellows entrepreneurs, Please do your homework before raising funding with US VCs. This is also true with European ones by the way 🙃 They are going to conduct rigorous due diligence on your company and your team, so why don’t you investigate them as well before making any decision? 🏈 Build a list of their portfolio companies that ultimately …
Hey Start-ups, don’t wait to come to America!
“Don’t come to the US, it’s too soon for you”. WRONG! Don’t listen to the naysayers. I have been hearing this repeatedly in France. If you are an early-stage startup, people will tell you that you are way too young to go international. You need to prove yourself in the French market, validate your product, raise funding, become more mature, …