Factory Overview 2022
VENTURE VALIDATION PROCESS
During the 15 weeks venture validation phase, you will be paired with
a team of experienced venture builders to support you in scoping,
validating and presenting your venture for investment.
PHASE 01
Scoping
PHASE 02
Problem Validation
PHASE 03
Solution Validation
a pac.engiefactory.com
PHASE 04
Decision
Understand venture space &
initial hypotheses
Validate customer pain points
& design business model
Test key assumptions &
solution components
Refine business model &
submit recommendation
+ Findings gathering
Investment note
preparation
+
+
Desk based research
+
Customer interviews
+
+
Customer & expert
+
Customer archetypes
+
Customer interviews
User experiments
outreach
+
Value proposition design
+ Prototyping
+
Initial business case
+
+
Analysis of results
+
+
Business model design
Assumption mapping
Pitch deck creation
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