So, i nearly finished my Software-Prototype in the AEC-Management sector, found a Co-Founder and want to go online, to get feedback and talk to potential customers about my idea.
Unfourtunately i just found out that the government is planning to launch a similar software in 2025 and it got funded with 6 Mio. €. Also, since it is the government, they have lots of good connection to the right people and groups, that i don’t have.
Is it worth to pursui my business idea at that point, after spending a lot of time in building a prototype, website and even a business plan? Right now it feels to me as if i have no chance to win a race to market against the government.
Has anyone of you been in a similar situation and could give me some tips on how to handle this?
Just try to sell it to govt and be a good percent share holder and make something new