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Investment
Readiness Level
Identify and Validate Metrics that matter
Validate Value Delivery
Prototype High-Fidelity Min. Viable Product
Validate Revenue Model
Validate Product/Market Fit
Prototype Low- Fidelity Min. Viable Product
Problem/Solution Validation
Market Size/Competitive Analysis
Complete First-Pass Business Model Canvas
IRL 9
IRL 8
IRL 7
IRL 6
IRL 5
IRL 4
IRL 3
IRL 2
IRL 1
Workshops
Technical
BUT…Is NDRC really as good as they
say?
UBI Index
Top 2.5%
Business
Incubators
Worldwide
