Baltimore | Resource Profiles

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Market Search

Mentorship

Description

Many start-up companies fail due to a lack of understanding of their market. While there is no substitute for talking to potential customers, entrepreneurs first need to assess their potential market at a general level - secondary research. An understanding of competitors, industry trends, and market segments through secondary research is an important part of developing a plan to launch a business. Moreover, entrepreneurs that do not have a solid understanding of their market will find it difficult to raise funding from TEDCO and other investors.The Market Search Services provided by TEDCO are available at three locations. The services are a resource to help entrepreneurs address the challenges of conducting market assessments. The goal is to improve the market assessment and opportunity analysis associated with the development of business plans and applications for TEDCO’s funding programs.

Tags

Mentorship, Legal Advice, Workshops/Seminars

Resource Providers:

Public-Private

TEDCO's mission is to enhance economic development growth through the fostering of an inclusive entrepreneurial and innovation ecosystem. At TEDCO, we discover, invest in, and help build great Maryland based technology companies.

TEDCO

Affiliated Ventures:

Resource Details
For Startups
For Nonprofits
For Small Businesses

Many start-up companies fail due to a lack of understanding of their market. While there is no substitute for talking to potential customers, entrepreneurs first need to assess their potential market…

Earliest Stage Served:
Idea
Latest Stage Served:
Established
All Stages Served:
Idea, Early, Established
Industries Served:
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7021 Columbia Gateway Drive, Suite 200Columbia, MD 21046

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