Safety Bolt - A Canadian Swedish Sustainability Innovation
| Reference number | |
| Coordinator | Safety Bolt AB |
| Funding from Vinnova | SEK 100 000 |
| Project duration | April 2023 - November 2023 |
| Status | Completed |
| Venture | Sweden Canada |
| Call | Planning grant for collaboration with Canada |
Important results from the project
Safety Bolt has worked with relationship building towards actors within our industrial focus in Canada, through both quantitative campaign on LinkedIn, direct contact with relevant partners and travel/presentation at conferences for relevant investors and industrial partners. We have also built up the company´s organisation by bringin in senior profiles for CTO and CCO positions. This has made it possible to achieve our set goals around expanded organisation, new commercial partners and new capital for the next development project.
Expected long term effects
Given our fulfilment of current goals regarding expanded organisation, new commercial partners and new capital for the next development project, we see that this had a positive outcome in the form of: - Stronger technical organization which helped to bring in commercial partners and build a clear development plan for our next sensor - New partners have strengthened the company´s commercial potential and contribute to clear technical specifications - New capital has given us the opportunity to take the next development step together with technical partners to meet the market´s needs
Approach and implementation
Safety Bolt carried out the project by: - Hiring a consultant/service to carry out an online campaign to relevant industrial companies - Manual contact with industrial partners and senior candidates for Safety Bolt´s own organization. - Travel and attendance at conference with presentation to investors and partners in Canada and North America