The achievements of the SME Instrument first phase (September 2015-March 2016) have been:
1. Technical achievements:
a. Defined the manufacturing and industrialization processes for HEAT-R products included in an Operations Plan.
b. Developed a Certification Plan, a Quality Plan and a study of TEG Cells efficiency status
c. Contacted potential key partners such as potential suppliers, industrial partners and distributors.
d. Agreed with a top automotive company to make a pilot test in its premises in order to validate the industrial prototype. Installation will take place in August of 2016.
e. Developed a know-how protection roadmap of key technological components.
2. Commercial achievements:
a. Identified potential customers’ requirements and needs in order to be able to offer a Turnkey solution (installation, validation, maintenance...).
b. Improved the market study, including a deeper competitor analysis and an addressable market characteristics study. Identified and analysed the major competitors and studied our USP against them.
3. Impact achievements:
a. Apart from the SME Instrument funding, obtained 62.000€ from funding partners such as KIC InnoEnergy and the Repsol Foundation and 30.000€ from a private investor.
b. Generated 5 new jobs, partially thanks to the SME Instrument Phase 1 funding. Furthermore, HEAT-R project aims to generate 7 new high-qualified jobs from April 2016 to the end of the year.