The Project has been developed as planned, in terms of deadlines, budgets, actions, and results obtained. The project has enabled, through activity No.1 a better understanding of the market, the design of the technological road map and an estimate to be made regarding an approximate budget, which will be the basis of the Proposal for Phase II. The strategy for the protection of intellectual property, obtaining a new patent, has also been designed. Within Activities No. 2 and 3, the business model has been designed employing the Canvas methodology, the policy of alliances has also been designed, as well as the business and marketing strategies. Activity No. 4 has resulted in a complete Business Plan.
The approval of the Well Project in Phase 1 of the SME Instrument program has been a catalyst for the company in the obtaining of new financing.