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PES2020-Prosj.etabl.støtte H2020

Disruptive tracer technology based on synthetic DNA to map subterranean resources

Awarded: NOK 49,999

A detailed feasibility study focused on technical, commercial, and financial aspects of our project to achieve a fully valid business model. The objectives of the feasibility study are: Preparation of the field trial: close agreement with the well operator and develop a technical field trial plan. International Market Analysis to understand Well Genetics potential in each potential segment (legal, competitors, barriers, partners and suppliers, pricings, etc). Then, select the most suitable go-to-market strategy. Evaluate and define exploitation strategy: key activities to retain in-house and those carried out to partners. Continue ongoing freedom to operate analysis carried out by third parties in EU and US, and definition of the next steps in our IP protection strategy. Set the technical and commercial implementation work plan, budget and financing strategy to be ready to uptake the international market in less than 24 months.

Funding scheme:

PES2020-Prosj.etabl.støtte H2020