AlixLabs AB
Reference number | |
Coordinator | AlixLabs AB |
Funding from Vinnova | SEK 125 000 |
Project duration | November 2022 - December 2023 |
Status | Completed |
Venture | 2019-02930-en |
Important results from the project
The Vinnova grant has been pivotal in enhancing our EIC application and the broader strategic development of AlixLabs. The IRP process and expert assistance have been invaluable in refining our budgeting strategy, improving our business model, and identifying new business opportunities. These developments are expected to have a lasting positive impact on AlixLabs beyond the scope of the EIC application.
Expected long term effects
AlixLabs successfully completed the IRP, enhancing our business model and developing a robust budgeting strategy, which significantly improved our application to the EIC. The expected outcomes include not only positive feedback from EIC regarding our application but also a strengthened position for future fundraising endeavors, an enhanced business model opening doors to new market opportunities and potential collaborations, and laying a foundation for sustainable growth and innovation at AlixLabs.
Approach and implementation
AlixLabs received extensive online coaching and underwent an Investment Readiness Process (IRP), greatly enhancing our EIC application. The grant also supported us in hiring experts for proposal writing, ensuring a meticulously crafted submission.