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"Initially, I wasn't quite sure what to expect, but it quickly became clear that this was a fantastic opportunity for Cikisi. A few weeks later, Cikisi was running a paid proof of concept project!"
Franck Di Liberto, Partner & Co-founder at Cikisi
GlassDollar provides expertise in innovation management and supports the implementation of startup solutions in Corporations. We provide startups sourcing services, and for a few selected accounts, we serve as sparring partner to manage the PoCs in corporations.
You will be contacted by a Venture Expert and/or Project Manager from GlassDollar who will guide you through every step of the process.
No, there are no fees associated to the match for the Startups. Our clients are the Corporations, and Startups can only benefit from our services.
The fast-track procurement process is a framework developed by GlassDollar to reduce the time needed for corporations to adopt solutions from external companies. Such process is startup friendly, therefore, it is designed to be faster and less resource intensive for startups.
The demo session is an opportunity to meet the stakeholders responsible for the project. During this call, you will get a better understanding of their pain-points and their needs, while they get to know how your product can solve their problem.
We don’t recommend to make a general pitch, but rather talk about the specific features of your product that can be interesting for the Corporation.
The relevant stakeholders from the business unit, who are owners of the project, in some cases an Innovation Manager from the Corporation, and your Project Manager from GlassDollar.
Yes, it is a very similar process to a tender, but faster.
Due to privacy reasons, we cannot disclose this information with you.
If you received GT&Cs from your point of contact at GlassDollar, yes, otherwise, it is nothing to worry about.
Every corporation has different requirements when it comes to talking with an external company about specific projects. While a few of them can have a first call without an NDA, many corporations prefer to have an NDA in place so that there can be freedom to discuss the details and technicalities of the project.
Please refer directly to the information asked by your point of contact at GlassDollar, however, the following information is usually required for an NDA:
Unfortunately no, we make the NDA project-specific, and it’s specially designed for the Venture Client model.
As mentioned above, some companies do not require an NDA to talk to external companies first, so, you might receive an NDA at a later stage if things move forward with your company.
Please send us a scan, and send your signed NDA to the following address:
Stella Waltmann-Adigüzel
c/o Dudek Consulting
Hauptstr. 29 a-b
38165 Lehre
After a demo is complete, GlassDollar and the Corporation will discuss internally. This process can take up to 4 weeks for a decision to be made. We will timely inform you if we are moving forward with your solution or not.
Each corporation has different assessment cycles but we always push to have a concrete answer from 2-4 weeks after the demo.
We try to communicate the feedback to the companies in case they have been rejected, however, we cannot promise that the relevant stakeholders will provide such feedback.
Our process is transparent and we always communicate to the companies what are the latest developments (if any), and if they have been selected or rejected. We do not advise you to contact directly the corporation as this will only leave a bad impression.
In case the Corporation selects your company to run a PoC, this is paid in the majority of the cases, though, we are not responsible for the payment, and there are some edge cases where there is an agreement to run the PoC without a monetary remuneration.
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