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Web service digitizing the certification business (environmental and safety requirements in the EU / CE-Marking)

Reference number
Funding from Vinnova SEK 900 955
Project duration November 2017 - September 2018
Status Completed
Venture Innovative Startups

Purpose and goal

Confirm business value and customer benefit - 15 users paid for the MVP version Quality assurance of service - Service result compared to manual analyzes of 5 products & detected errors were corrected. Prerequisites for reaching a wider market - A market analysis and a market plan were presented as a basis for a future expansion. Prerequisites for global expansion - Sales barriers, regulatory barriers were investigated. Cooperation with international suppliers was established. Customize and validate business model - A modified business model validated by an international market.

Expected results and effects

Expected 2019-09 Market: The Nordic countries (200 customers), Germany + England (25 customers) Brand: Perceived as innovative, credible, competent Product: Sellable service with complete CE documentation, globally scalable Team: Sweden 4st, EU 3st Revenue: 4.5 mkr Ext. Finance: SEK 3 million Outcome per 2018-10 300 users Market: Nordic (15) + Global (5) paying customers Brand: Perceived as innovative, competent Product: Sellable service, globally scalable Team: Sweden 4.5 st, Oms .: 0.5 mnkr Ext. Finance: seeking 2 million

Planned approach and implementation

Working Package # 1 Existing demo was expanded to an MVP & business value validated. Customer feedback showed that an additional module needed to be added to the service. # 2 MVP quality assured. The system could be self-taught to improve future results. # 3 Market analysis showed that planned markets were not the focus markets for future expansion. New market was identified. # 4 Ev. sales and regulatory barriers were investigated. No significant obstacles were identified. # 5 Customer segment, value offer & revenue model validated by international customers.

External links

The project description has been provided by the project members themselves and the text has not been looked at by our editors.

Last updated 8 January 2019

Reference number 2017-04537

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