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Completed PROJECT GRANT Swedish Research Council

Safety Bolt - A Canadian Swedish Sustainability Innovation

1M kr SEK

Funder Vinnova
Recipient Organization Unknown
Country Sweden
Start Date Apr 20, 2023
End Date Nov 30, 2023
Duration 224 days
Number of Grantees 1
Roles Principal Investigator
Data Source Swedish Research Council
Grant ID 2023-00463_Vinnova
Grant Description

Purpose and goal:

Safety Bolt has worked with relationship building towards actors within our industrial focus in Canada, through both quantitative campaign on LinkedIn, direct contact with relevant partners and travel/presentation at conferences for relevant investors and industrial partners. We have also built up the company´s organisation by bringin in senior profiles for CTO and CCO positions.

This has made it possible to achieve our set goals around expanded organisation, new commercial partners and new capital for the next development project. Expected results and effects:

Given our fulfilment of current goals regarding expanded organisation, new commercial partners and new capital for the next development project, we see that this had a positive outcome in the form of:

- Stronger technical organization which helped to bring in commercial partners and build a clear development plan for our next sensor - New partners have strengthened the company´s commercial potential and contribute to clear technical specifications

- New capital has given us the opportunity to take the next development step together with technical partners to meet the market´s needs Approach and implementation: Safety Bolt carried out the project by: - Hiring a consultant/service to carry out an online campaign to relevant industrial companies

- Manual contact with industrial partners and senior candidates for Safety Bolt´s own organization. - Travel and attendance at conference with presentation to investors and partners in Canada and North America

All Grantees

Unknown

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