Development of product innovation by Quinron LLC

“Quinron” LLC. is an enterprise specialized in development of high technology products and innovative processes. The company activity comprises of interdisciplinary research and development mainly in the field of natural and technical sciences. One of the biggest challenges for the company and for the micro enterprises in Bulgaria as a whole is the lack of financing for improvement of their innovation activity. Micro enterprises don’t possess their own technologies and capacity for development of innovations that are significant for a certain economic sector or group of sectors and at the same time they don’t have enough financing to contract the research necessary for the development process. These companies operate under the technology horizon and their growth is due mainly to improvement in productivity and is not linked to research activities, dissemination and generation of new knowledge. In order to answer these challenges and be able to implement the process of development of a product innovation - Universal liquid additive for reinforcing composites based on synthetic graphene oxide, the company applies with a project proposal under the current grant scheme that includes the following activities: 1. Conduct of research, testing, measuring, necessary for the development of product innovation; 2. Creation of a pilot line, connected to the development of product innovation; 3. Project publicity. The implementation of those activities and of the project as a whole will lead to development of an innovation corresponding to TRL 6 “Technology demonstrated in relevant environment” which falls within thematic area “Mechatronics and clean technologies” of the Innovation Strategy for Smart Specialization.

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