Environmentally friendly biostimulants for sustainable plant production

1.25M kr SEK

Funder	Vinnova
Recipient Organization	Arevo Ab
Country	Sweden
Start Date	Nov 28, 2022
End Date	Dec 31, 2023
Duration	398 days
Number of Grantees	1
Roles	Principal Investigator
Data Source	Swedish Research Council
Grant ID	`2022-03615_Vinnova`

Grant Description

Purpose and goal:

The purpose was to use Vinnova´s consultancy support to get help with writing an application to the EIC Accelerator in 2023, and also to undergo the Investment Readiness Process (IRP) where the expected outcome was to prepare the founders/management for a capital raising process with a well-considered and agreed investment offer.

Expected results and effects: Arevo has found experienced EIC consultants. Together an EIC application was prepared. We have applied in October. We also successfully completed the IRP which improved our application as well as the pitch. Approach and implementation:

Frequent online meetings allowed a close contact with both, Björn Larsson, as well as our consultants in Germany to go through the IRP as well as drafting the proposal.