Learning to do business the Silicon Valley way
TrollCell is a young spin-off from a global technology company that combines nano-tech, fuel-cell and battery technologies to provide wireless and light mobile power. The technology, which is still under development, is believed to be applicable to a wide variety of markets with the potential of disrupting existing technological solutions and products. TrollCell came to Innovation Centre Denmark, Silicon Valley, to get a better idea of what is needed to successfully tap into the venture capital market in the valley and to explore potential markets for application of its technology, as well as potential development partners.
ICDK provided TrollCell with a one-week intensive introduction to Silicon Valley, tailored to offer TrollCell the best possible preparation for its future activities in the area. The program involved meetings with lawyers to explore relevant legal and patenting issues, business coaching aimed at sharpening TrollCell’s sales pitch, as well as several opportunities to present to venture capitalists and potential business partners.
“Spending a week with ICDK in Silicon Valley is highly recommendable. During the week you get exposed to and coached in how to deal with the exceptional environment that makes Silicon Valley such an ideal place for start-ups. This increases the chances of success with regards to venture capital and networking. The coaching provided by the incredibly competent team at ICDK and the meetings that are organised on the basis of ICDKs network are invaluable – and to us maybe even of fundamental importance to our future success”