Pyzzle it - proof of concept for business model
| Reference number | |
| Coordinator | PYZZLE IT AB |
| Funding from Vinnova | SEK 300 000 |
| Project duration | October 2017 - April 2018 |
| Status | Completed |
| Venture | Innovative Startups |
| Call | Innovativa startups fas 1 hösten 2017 |
Important results from the project
We want to give children the power to decide how their own toys should look like. With our kreative apps children will be able to create toys and everything they design can be ordered. We met our goal with the project, which was to validate and create a sustainable and long-term business model. Based on the business model, we have evaluated our existing solution to create a new version focusing on more creative creation of toys in the app.
Expected long term effects
The result of the project is that we now have a sustainable long-term business model and a prototype to base continued development on. The effects we expect from the project are to launch several apps where children can design different kind of toys in a fun and creative manner.
Approach and implementation
Web surveys, interviews and conversations with existing and potential customers have formed the basis for the business model we developed. Together with the developer and designer we changed the existing solution.