NeveXN has achieved the business and technical feasibility objectives defined in the Phase 1 proposal, by identifying the product development plan, defined the minimum viable product and the profiles of key stakeholders to be involved to launch the snow machine on the market. Furthermore the company has conducted a comprehensive analysis of the market segments; identified the competition, the entry barriers and proper counter actions, prepared the commercialisation plan and 5 years financial projection. During the Feasibility Study, NeveXN has interacted with all the stakeholders in the value chain, identifying and contacting the suppliers, and the contract manufacturer for the industrial production, and establishing agreement for the future commercialisation, talking with end-users to gain further insights on their requirement. According to the results of the Phase 1 feasibility assessment, NeveXN considers worthy to follow up with the implementation of the industrialisation and commercialisation of the snow machine, and evaluated that the SME Instrument Phase 2 funding could provide the amount of funding and support to complete the validation of the all-weather snow machine.