Important results from the project
Yes, the project met the objective and results defined in the proposal including:
- Project management and planning (WP1).
- Investment Readiness Process (IRP) (WP2) – completed.
- IP work (WP3) – IP strategy developed.
- Partnership and investor meetings (WP4) – meetings with investors and potential partners were conducted as planned.
- Proposal to EIC Accelerator Steg 1 and Stage 2 (WP5) – completed and submitted with associated annexes.
Expected long term effects
The biggest expected impact is if TerraBarrier is granted support from EIC Accelerator. A positive decision would mean secured funding to take the company´s technology to TRL 7–8, which is crucial to enable commercialization and market establishment.
Approach and implementation
All activities described in the proposal were carried out – from project management and planning, to IP work, Investment Readiness Process (IRP), partnership and investor meetings and completion of EIC Accelerator application. As stage 1 of EIC Accelerator was approved in Q3, the project took approximately six months longer than originally planned. Overall, the project laid a solid foundation for the next step in the company´s development.
The project description has been provided by the project members themselves and the text has not been looked at by our editors.
