Development of innovative process by Graphene Innovations LLC

Graphene Innovations LLC. is a starup established in 2015. The company team has a significant experience in the field of development of high technology products and innovative processes. One of the biggest challenges for the company and for micro enterprises in Bulgaria as a whole is the lack of funding. Almost 90% of the onnovative startups don’t manage to finnish their developments and the innovations stay on the shelf. They perform the necessary research, measuring and testing in laboratories, they reach a certain stage, but they don’t manage to create a prototype of the product or a pilot line for the process, i.e. they don’t reach a successful end of the development process due to the lack of funding. To answer these challenges and to be able to continue the development process of the innovation – Synthetic process for production of graphene oxide in the form of dry, powder mass, the company needs to overcome its limitations concerning: - Inability to create and test a pilot line for applying the process innovation – the candidate does not have the necessary qualified personnel to perform such activities itself. Besides that, the company needs tangible and intangible assests, consumables and a premices necessary for the creation and testing of the pilot line. That investment will enable the candidate to successfully finalize the process of development of the innovative process. - Limitations for the market positioning of the innovation in short term perspective – for that a market research for market positioning of the innovative process is needed. For the overcoming of the problems above, the project proposal includes the following eligible activities: 1. Creation and testing of a pilot line; 2. Elaboration of a market research for market realization of the innovative process; 3. Project publicity.

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