Question 1

August 29  – Welcome to the Njord Nest program

Accepted Answer

Get to know the teams competing and the team behind the program. We’ll introduce the Loop method — an iterative business development method where customer involvement is at its core. We’ll also introduce the Business Model Canvas and Value Proposition Map, which  are used when working with product market fit.

Question 2

September 6 – Your means & ideation

Accepted Answer

We’ll be mapping the different means available to each team. How do you use your means efficiently? Are there any untapped resources? Who’s your customer and what are their biggest needs or problems? This’ll be a mix of discussions, workshops and teamwork.

Question 3

September 13 – The customer

Accepted Answer

Why and how do you segment your customers? Discussion and workshop on getting to know your customer and creating a first hypothesis about your customer persona. We’ll talk about how and where you find your customers and how you can talk to customers to gain valuable feedback.

Question 4

September 20 – Your value propositions

Accepted Answer

What’s your product and/or service? What’s a minimum viable product (MVP) and how can it be used to test your hypothesis about your value proposition? Discussion and workshop on what you’re offering your customers and what parts or functions are creating the most value for them.

Question 5

September 27 – Halfway check-in

Accepted Answer

Halfway through and time for a pulse check with the teams. How’s everyone doing? What’s your biggest struggle at the moment and how can we help each other out? We’ll also go through some prep steps for the final pitch.

Question 6

October 4 – Sustainability

Accepted Answer

We’ll discuss different aspects of sustainability, share examples of different sustainable business models and listen to our guest speaker on circular economy. How does your business connect to Agenda 2030? What ecological or social benefits is your business model generating and what ecological or social costs is your business model causing?

Question 7

October 18  – Getting ready for the finals

Accepted Answer

All things pitch prep and the last sprint before the finals. We’ll go through the building blocks of your pitch as well as your supporting visuals. How do you connect with an audience and present in an engaging way? What questions do you need to be prepared for?

Question 8

November 1 – Final pitch with an international jury

Accepted Answer

The grand finale of the program. All teams pitch their finely polished ideas and receive feedback from the international jury. The 3 best pitches win a package consisting of €2,500 in cash, logo and design development and €500 in marketing materials.

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