Developing the NoviraHub B2B Platform to Connect Industry with International Markets
NoviraHub is being developed to create a B2B network for market development, obtaining and appointing representatives, and building commercial relationships among manufacturers, representation applicants, market participants and business partners in different countries.
By combining digital capabilities, a broker network and centralized management of commercial opportunities, this structure is being designed to let industrial companies register their market development opportunities, while applicants can submit their needs and areas of interest. Following review and assessment, suitable opportunities will be identified and contact between the parties will be facilitated in a controlled manner.
Key Features and Objectives:
• Representation and cooperation opportunity database: Registering and categorizing opportunities to appoint representatives, applications for representation, and other B2B partnerships.
• International network of market brokers: Developing a network of brokers and business professionals to identify industrial companies, opportunities and qualified applicants in target markets.
• Matching business opportunities: Assessing needs, products, target markets and the parties’ requirements to identify suitable cooperation opportunities.
• Controlled introductions: Managing introductions between manufacturers, representation applicants and business partners to protect confidential information and reduce the risk of bypassing the cooperation process.
• Managing the cooperation process: Following each opportunity from registration and initial review through introductions and negotiations and, if successful, the signing of a commercial or representation agreement.
• Success-based cooperation model: For selected representation services, cooperation may be structured without an upfront fee, with a fee payable upon the successful completion of a transaction or agreement.
NoviraHub will be developed in stages. Its digital capabilities, market network and specialist services will expand in line with the organization’s international activities.
