Creating innovative environment and infrastructure at "Electro Logic" Ltd for the development of an innovative product - LED street and park lightings

The presented project envisages provision of conditions that guarantee the strengthening of innovation activity of the Bulgarian start-ups. Innovative start-ups experience regular difficulties associated with raising capital for development and commercialization of innovations. The company represents precisely the target group of innovative start-ups. This project is for the development of an innovative product in the priority area of ​​ISIS in the field of "Mechatronics and clean technologies" under the Instrument Engineering - parts, components and systems, focusing on energy efficiency. The main objective of the project proposal is to increase the innovation abilities of Electro Logic Ltd., through the development of innovative product - LED lighting for parks, streets and open spaces. The expected results of the project contribute significantly to the increasing of the capacity for innovation, scientific research capacity and knowledge, and deployment of technologies in order to achieve resource efficiency for the deployment and successful implementation of viable and economically sustainable globally applicable innovative product - energy effective LED lightings of a new kind. The results of the project are achieved through: 1) Increasing the level of innovation activity through R amp; D investment and generation of knowledge. 2) Creating capacity for the development of innovations through the introduction of modern and high-tech equipment. 3) Increasing the research capacity and knowledge through provision of services to ensure the realization of innovative products. 4) Ensure the implementation and successful realization of a viable and economically sustainable globally applicable innovative product. 5) Introduction of new technologies to improve resource efficiency in the public sector.

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