EXPLORE a new market
Considering an overseas expansion? We can help!
Specifically, we can guide you towards making informed, insights-driven decisions about your prospects for success in some of the hottest markets across the globe, before you make significant investments of time, money, and effort.
Market Explore is ideal for:
- Startups and SMEs considering overseas expansion
- Businesses looking for partners in Germany, LATAM, Singapore, and the USA
- Companies looking to validate product fit, market demands, and success prospects
Gain clarity into your target market with the Explore Program offering
- An in depth analysis of your opportunities (in your selected country)
- Existing and potential opportunities you can leverage
- Connection with potential partners, mentors, and customers
- Crafting and sharpening your go-to-market strategy
- 1-week immersion trip to your destination country
Market Explore:
Our 3-step approach
Step 1
Market discovery
Conduct an in-depth study of your target market, identify industry trends, perform a competitive analysis, and more.
Step 2
Exposure and feedback
Gain exposure to your selected market, get product market feedback from local experts and develop your entry strategy.
Step 3
Overseas and immersion
Fly to your destination and get hands-on! Meet with key stakeholders and potential customers, visit trade fairs, and immerse yourself in the local business culture.
The Scaler8 Explore Journey
Interested in how the process looks from the beginning to the finish line?
Here is a quick look at the Scaler8 Explore journey.
01
The Pitch
Submit a short questionnaire and pitch deck about your company.
02
The Groundwork
Initial discussion about your objectives and expectations.
03
The Plan
Follow-up discussion with initial market feedback and a customized Scaler8 proposal.
04
The Expert Team
Meet the handpicked team of experts that Scaler8 has assembled for your journey.
05
The Expansion
Your expansion into the target country kicks off!
Explore
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Duration
- 6 weeks in home market
- 1 week in Germany
Cost
SGD5,500 – for eligible Singapore-based startups or SMEs, after support from Enterprise Singapore.
For international startups, the cost varies based on requirements and eligibility for a subsidy. Apply to check your eligibility.
We do not take any equity in your company.
Upcoming cohorts
Healthcare
Application deadline: Aug 23, 2024
Program dates: Sep 16 – Nov 15, 2024
Apply here
Industry Agnostic
Application deadline: Sep 20, 2024
Program dates: Oct 14 – Dec 13, 2024
Apply here
Upcoming dates
- Industry Agnostic: Oct 14 - Dec 13, 2024
Your customised program
- Identify and engage key stakeholders in your industry
- Understand your local customer and adapt your offering to the German market
- Analyze the competitive landscape and the best positioning for your company
- Understand the German regulatory environment and your compliance requirements
- Adopt your business model and localize your pricing
- Identify local hiring needs and company structure for local operations
- Plan the financial resources required to support your market entry
Country immersion trip
- Discover Germany’s innovation hubs
- Engage with government institutions, prospective customers, and stakeholders.
- Pitch your ideas to local corporates and investors.
Grants and subsidies
Please contact us for advice on the grants or subsidies your company may be eligible for.
Hear what others are saying
“ Before deciding to go all in, Scaler 8 has been instrumental in evaluating and validating our market potential in Germany. They helped to connect us with several relevant mentors and provided opportunities to engage with local stakeholders. As a result, we were able to get into contact with a key person within the local startup ecosystem who helped us launch our successful entry into Germany and establish ourselves locally in Hamburg. Even after completing the Scaler 8 program, the Scaler 8 team continues to be engaged, connected and supportive in our success there. ”
Andrew Woo Schill
Head of Growth
Microsec
“ We were fortunate to join the Scaler8 program very early on to establish a solid support system in Germany as well as in Europe. Through this program we connected with several industry advisors who helped navigate our discussions with the German companies and eventually landed us our first paying customer in Germany. The Scaler8 team also helped us beyond the program, and later one of their advisors officially joined us and is helping us to this very day. ”
Dr. Ali Hasnain
Founder and CEO
Curium
Unlock new opportunities with us
As we work with limited startups at any one time, we encourage you to submit your application as early as possible. Applications are reviewed on a rolling basis. We will respond to you via your provided email address within 3 working days of your submission.
Please prepare your pitch deck or brief company profile
(Including product descriptions and your business model).
Estimated time required to complete this form: 5-10 minutes.
Have a question for us?
Drop us a message. We will be happy to help.
