CASE STUDY: FUNDING BLUE FUND E-COMMERCE MARKETPLACE
The Monégasque startup YACHTNEEDS enlisted Baccana Digital Consulting to secure financial support from the Monaco Blue Fund and expedite the launch of its custom e-commerce marketplace in line with the strategic and commercial roadmap.
Problem(s), Need(s), & Objective(s) of the Project
Financement du développement et challenges techniques complexes
Short and medium-term financing needed to support the development of an international e-commerce marketplace.
Delays in the launch of the marketplace primarily due to project management and development issues.
Numerous technical and non-functional challenges: international delivery, management of hazardous products, tax management, database integration, multi-tenant management, catalog integration processes…
Communication and efficiency challenges with the agency responsible for the initial developments.
SOLUTIONS BY BACCANA DIGITAL CONSULTING
MANAGEMENT OF BLUE FUND, PROJECT RESTRUCTURING, TECHNICAL SOLUTIONS
Creation of the Blue Fund dossier in synergy with Yachtneeds’ objectives and government authorities.
Technical roadmap established and financial monitoring to validate all objectives set in the Fonds Bleu specifications document.
Comprehensive technical audit and user experience assessment to ensure the immediate success of the marketplace.
Definition of deliverables and phased technical launch schedule.
Management of the reorganization and pilotage of the project management pre/post-launch in synchronization with the Blue Fund.
Cost rationalization, development, and integration of technical solutions with the best cost/benefit ratio to address technical challenges.
RESULTS OF BACCANA DIGITAL CONSULTING SOLUTIONS
Blue Fund financing completed and successful fundraising achieved.
Baccana Digital Consulting secured the necessary funding agreement from the Blue Fund for an accelerated launch of the e-commerce marketplace.: https://www.yachtneeds.com
All objectives were met in accordance with the guidelines of the Blue Fund, allowing the funds to be released after validation of the deliverables.
Taking over project management by Baccana Digital Consulting allowed for refocusing and optimizing development efforts.
The rapid success of the marketplace led to securing a funding of €1.25 million within three months of launch.
SECURITY + COMPLIANCE FOR HEALTH DATA / SENSITIVE DATA: FREE CONSULTATION
CONTACT US TO DRIVE YOUR E-COMMERCE PROJECT IN MONACO WITH THE SUPPORT OF THE BLUE FUND
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