01 / Define
Start with an advantage.
Your expertise, customer relationships, and market knowledge give a new venture its foundation, extending the advantage your core business already has.
Build on your advantage.
We combine your industry knowledge with dedicated venture-building capacity to take a new business from opportunity to launch.
The starting budget
Engagements start at €50,000.
The minimum includes a scoped first working product, with the full budget agreed upfront based on complexity and launch requirements.
A few questions.
Why build a venture alongside our core business?
Your customers, expertise, and distribution can create opportunities beyond your current offering. A new venture gives you a way to explore additional revenue streams, offer more to existing customers, or enter an adjacent market. We help you test the opportunity before making a larger commitment.
Why work with Sweetspot°?
A new venture needs focused capacity while your existing organization continues running the core business. We bring the product, design, and engineering work together with the business questions, taking the opportunity through to a working product and its first launch alongside your team.
Do we need a fully formed idea to start?
You can start with a customer problem you already see or an opportunity within your market. We work with your team to understand the business context and turn that knowledge into a focused first product with a clear scope.
What do you need from our company?
An internal sponsor who can make decisions, access to the people who understand your business, and a way to speak with prospective customers. We agree on responsibilities and a review rhythm at the start, so your team can contribute without having to assemble a separate delivery organization.
How long does it take to reach a first working product?
The timeline depends on the product, the systems it needs to connect to, and the requirements for launch. We agree on milestones during scoping and keep the first version focused so it can reach users sooner.
What does the starting budget cover?
Engagements start at €50,000, including a scoped first working product. We agree on the full budget upfront based on complexity and launch requirements, and agree on any changes to scope and cost before taking on additional work.
How is ownership of the venture agreed?
We agree on ownership, access, and handover at the start of the engagement, including the product, code, and any third-party dependencies. The operating model is defined alongside the build so your team knows what it will take forward.
What happens after the first product launches?
We agree on the operating model and handover during scoping. Your team can take the venture forward, or we can discuss continued support. Ongoing operations, further product development, and growth work are scoped and budgeted separately.
Let’s turn your next opportunity into a new venture.
You bring the industry knowledge, and we bring the team to build it with you.