Entrance procedure
Necessary prerequisites for prospect entrants:
- Business plan with detailed information of the firm’s objectives, market and competition analysis, costs, pricing analysis and cash-flow forecasts
- Technology sophistication, innovation intensity and intellectual property endowment
- R&D focused with either established or the prospect of collaborations with Research Centres and Universities
- Documented and feasible development prospects
- Possibility of formal or informal capital funding and mentoring
- Occupational mix of the management team, its experience and background
- Management’s personal commitment in further developing the business
- Correspondence of Applicant’s needs to the services offered by STEP-C
Prospect entrants should submit a dully completed:
- Application form, and
- Short business plan
The application form is subsequently evaluated by the Board of Directors of the Managing Company of STEP-C. After successful evaluation, the application is evaluated by the Board of Directors of the Foundation for Research and Technology Hellas (FORTH). A formal reply is provided to the applicant within three months. Consequently to acceptance and establishment at STEP-C, the company has a six months trial period.
If the company intends to extent its stay, it is obliged to submit to the Park Management Company a report of current and projected activities for the next period of stay. The decision to extend the lease period is based on this report.
*Suggested Business Plan Contents
- Summary
- General Business Description
- Mission
- Competitive Advantages
- Product/Service Description
- Description
- Product/Service Development Process
- Intellectual Property Rights, Patents
- Market Analysis
- Marketing Strategies, Sales Plans & Projections
- Competition Analysis
- Strategy
- Management and Administration
- Short-long term
- Management Structure, Human Resources, Motivation-Reward strategies
- Operational Plan
- Production Process, quality
- Financial Plan
- Cash Flow
- Financial Sources
- Financial Plan
- Appendices