Validation of business plan in preparation for first round of investment
Reference number | |
Coordinator | NORTHERNLIGHT DIAGNOSTICS AB |
Funding from Vinnova | SEK 300 000 |
Project duration | November 2019 - June 2020 |
Status | Completed |
Venture | Innovative Startups |
Call | Innovative Startups step 1 autumn 2019 |
Purpose and goal
The purpose and objectives are fulfilled. We have developed a prototype built on patented technology that are ready to be validated with customers.
Expected results and effects
A prototype has been developed that makes it possible to start validation with real customers.
Planned approach and implementation
The product development has been made with internal resources but we have had early dialogues and collaborations with healthcare providers. This has been very helpful, it gave us new perspectives and ideas. During the project, we have also been able to strengthen the team with commercial expertise and experience that will be important for the next step.