BRIDGE working group business model annual report 2023-2024 : 2023 - 2024

This report presents the initial mapping results of the BRIDGE projects' collaboration within Working Group (WG) on Business Model (BM) in 2023 - 2024 period. The following conclusions have been derived: The results of 2022 2023 collaboration showed that most projects use the same tools, in particular the Business Model Canvas (BMC), which is the most popular tool for business model creation in BRIDGE projects. However, the limitations of the BMC have been identified and need to be addressed by combining different tools (e.g. Value Proposition Canvas). Currently, there is a lack of standardised processes for both business modelling and quantification methods such as cost-benefit analysis (CBA). In addition, data sets are not being treated as Key Exploitable Results (KERs) and there is a need to valorise data through business modelling. The work performed in 2023 - 2024 has shown that projects need support from BRIDGE in their business model approach at different stages of their activities, a gap that is currently addressed by all tasks.