Green Energy Propel: Preparing for EIC Acceleration
| Reference number | |
| Coordinator | Hydroyal AB |
| Funding from Vinnova | SEK 240 000 |
| Project duration | May 2024 - October 2024 |
| Status | Completed |
| Venture | Global cooperation 2024 |
| Call | Planning grant for international proposal 2024 |
Important results from the project
The aim of the project was to increased readiness for the EIC Accelerator program. The readiness level was strengthened with several steps including proposal writing, TRL enhancement and recruitment/team expansion Proposal was written by the founders and EU SME Support was consulted during the writing process. Furthermore, team was strengthened with recruitment of Head of Business Development.
Expected long term effects
Short application was submitted in September and the decision is expected in November. Markus Holmström joined the team as Head of Business Developer and potential cofounder.
Approach and implementation
For the proposal writing stage, Hydroyal received support from EU SME Support and 2050 Consulting company. EU SME Support reviewed the proposal whereas 2050 Consulting company helped with climate calculations using The Avoided Emissions Framework. Both inputs were were incorporated into the proposal.