VFT 2018-2019, Lund university
|Coordinator||LU HOLDING AB - LU Innovation|
|Funding from Vinnova||SEK 19 370 000|
|Project duration||December 2017 - June 2022|
Purpose and goal
The purpose of the VFT-funding is to support innovative ideas from the universities to move towards utilization and impact, thus contributing to sustainable growth and societal benefits. With this specific VFT- funding, the goal of the project is to create more, and even better exchange of, knowledge-based projects originating from the universities in Innovation Office South (IKS).
Expected results and effects
With respect to the historical data presented in the application, we expect a continuous increase in key performance indicators, i.e. number of projects, progress in their maturity, that they exit the verification phase with a stronger offer. The Innovation office and the Holding company have an established structure and KPIs to track the outcomes (we capture aspects of sustainable growth and social benefits on an annual basis).
Planned approach and implementation
The granted VFT-funds will be used according to our regular process, as a subset of our ordinary offer (advice, network and financial support) we provide to projects originating from Universities. Funds will be used for projects in the verification phase, which is characterized by a step-by-step process to verify a hypothesis. The hypotheses should be based on commercial, regulatory, legal and technical assumptions, that are believed to make the project commercially successful.