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 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.
GlobalData Database
TEDCO provides access to the database free-of-charge to eligible entrepreneurs.
Through this program, participating companies will receive two months of complimentary access to GlobalData’s suite of powerful market intelligence tools. This includes the GlobalData Explorer and Explorer – AI Hub, offering deep insights into market trends, competitors, and innovation landscapes. Participants will also have access to the Disruptor Intelligence Center and its AI Hub, providing forward-looking analysis on emerging technologies, startups, and disruptive business models. These resources are designed to support strategic planning, commercialization efforts, and SBIR/STTR proposal development.
Training passcode: St&515K&
Eligibility
Eligible users include:
- (i) entrepreneurs and companies that want to conduct market research with the intent of using the results of the research to apply for funding from TEDCO and any of its programs;
- (ii) companies that have received funding from TEDCO, or companies in which TEDCO holds an equity or debt interest, or that otherwise have contractual obligations to TEDCO resulting from a TEDCO grant, loan, or investment;
- (iii) companies or entrepreneurs participating in one of TEDCO’s entrepreneurial support programs; and
- (iv) early-stage technology companies and entrepreneurs preparing for SBIR/STTR funding or working with TEDCO’s DefTech and FLLIP programs.
In all cases, to be eligible, companies must have fewer than 16 FTE employees or have received less than $1,000,000 of any investment.
How to Register
If you are interested in using the Global Data database, please complete the following form:
The Market Search Services provided by TEDCO are available virtually on a case-by-case basis. 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. If you have any questions, please contact Julia Deng (jdeng@tedcomd.com).