Reach program
| Reference number | |
| Coordinator | Cyclezyme AB |
| Funding from Vinnova | SEK 172 000 |
| Project duration | September 2023 - April 2024 |
| Status | Completed |
| Venture | Acceleration |
Important results from the project
The purpose of Cyclezyme´s participation in the REACH program was to accelerate the commercialization of our plastic recycling technology. Through intensive workshops, mentoring and presentations in Silicon Valley, we improved our sales strategy and business model. We made valuable contacts and gained insights into how American startups take bigger risks and reach the market faster through iterative testing. Our participation has strengthened our position and prepared us for future success both in Sweden, Europe and globally.
Expected long term effects
Participation in the REACH program has accelerated the commercialization of Cyclezyme´s plastic recycling technology. We improved our sales strategy, business model and pitch through intensive workshops and mentoring. We made valuable contacts that open doors for future collaborations. Insights from Silicon Valley about faster market adaptation and risk-taking have strengthened our development process. The result is a stronger market position and better preparation for future success.
Approach and implementation
Cyclezyme´s participation in the REACH program followed a structured plan with two acceleration phases and intensive mentoring over six months. Through workshops and presentations in Silicon Valley, we received practical guidance in improving our sales strategy and business model. The program included iterative testing and networking, resulting in valuable contacts and insights. This arrangement has effectively strengthened our commercialization process and our ability to quickly adapt to market needs.