Business Development

Developing new businesses and scaling existing businesses often requires skills and experience which do not exist within an organisation or are only required for a fixed period of time. The requirement may relate to any of a number of business aspirations, including preparation for an investment round, developing a new business model and supporting technology architecture, planning for growth and developing a new sales channel.

EIT Consulting has been involved in the development of a range of business ventures across a number of industry sectors. These have included venture capital-backed activity, corporate venturing and startup companies.

Any business with a technology product or service or whose product or service has a strong technology dependency must ensure that its technology basis is sound and EIT Consulting has the experience to help companies ensure that this is achieved. Examples of the involvement of EIT Consulting in business development activities includes :

• definition and launch of a business-to-business employee benefits service
• development and launch of on online trading exchange
• development of a new Internet development business stream for an established consultancy business

EIT Consulting works on a flexible basis in business development projects, including fee-paid consultancy, equity stake and outcome-related reward mechanisms.