Periodic Reporting for period 1 - FoodMonitor (Inline real-time 4.0 quality monitoring in food production)
Periodo di rendicontazione: 2018-07-01 al 2018-10-31
We evaluated the food analysis and the potato markets to confirm that our product is in line with the trends. Moreover, we conducted an FTO assessment to confirm that we can proceed with our project without any IP conflict and checked the competition, finding not real direct competitors.
Finally, we established the necessary investment to finalize our system and have it commercially ready by 2021, defined our funding strategy and established the 5-year sales projection following the Phase 2 project.