VINNVÄXT TRANSITION PHASE FOR SMART TEXTILES

Purpose and goal

The aim w ith Smart Textiles is to develop and provide concrete textile innovations that can be used in innovative, commercial products in unexpected ways. The business is a driving force when it comes to facilitating and creating new cooperation´s between academia and the industry. We are the link needed for innovative solutions between the textile know ledge that exists in the industry and the ongoing research and education. Today, our business is as much a national and international concern, where we are the driving force in Sweden developing smart textiles.

Expected results and effects

We contribute to a better w orld-seen from our mission in social benefits, international aspects, and with the results we generate. Resource efficiency, sustainability, and health/well-being, something that becomes more clear when we take advances in sustainability and health and medicine sector as example. Smart Textiles has generated good results with over 50 started businesses. More than 200 prototypes have been developed since the start and more than 70 products are now on the market. The success factor is production, expertise, prototyping and research

Planned approach and implementation

Strategies at different levels have been developed and formulated in a Strategy and Business Plan. Examples such as how do we become internationally leading, future financing and external analysis are also the basis for the work. The strategies consist of different target areas and related strategies. An annual business plan is developed as an additional support in the work of areas and activities. This plan focuses on different target areas year to year. A strategy plan for the years 2020-2025 has been developed with the related business plan to develop the business further.