Total project amount: € 785,547.27

The amount of the EU grant: € 367,108.23

Expiration date: 6/1/2020 – 5/30/2022

The aforementioned activity plans to introduce innovations into the company’s business organization with the aim of commercializing two innovative products: PIMSf and eLBC The activity includes the following sub-activities:

1.1. Introduction of a new organizational method (Process function method)

1.2. Establishment of a new eLBC production department

1.3. Establishment of a new PIMSf implementation department

1.4. Procurement and introduction of an integrated system for monitoring new products (ERP)

1.5. Introducing a training program

1.6. Introducing a new knowledge base and best practices

1.7. Introducing changes in the field of work organization and formation of work teams

The aforementioned activity plans to introduce innovations into the company’s business organization with the aim of commercializing two innovative products: PIMSf and eLBC The activity includes the following sub-activities:

2.1. Introduction of the new PIMSf implementation method

2.2. Procurement of new equipment and software required for product implementation.

2.3. Introducing a new method of eLBC production

2.3.1. Introduction of new manufacturing technology, automation equipment and sensors

2.3.2. Null series production

2.4. Testing and certification of eLBC in accordance with CE standard

2.5. Testing and certification of eLBC in accordance with EX standard

2.6. Preparation, design and development of promotional materials

2.7. Promotional campaign in the targeted media

2.8. Preparation of documentation for the protection of intellectual property PIMSf and eLBC

This stated activity aims to ensure the successful implementation of the project in accordance with the Grant Agreement, as well as the realization of all activities, results, goals and indicators of the success of the project. The activity includes the following sub-activities:

3.1. Preparation of reports and monitoring of project progress – Includes all administrative procedures related to the successful project implementation: elaboration and updating of the Procurement Plan, PPZNS, preparation of project progress reports/ Request for Reimbursement, final project implementation report. In addition to the above, it also includes financial monitoring and evidence of the expenditure, as well as calculation and recording of expenses, as well as the establishment of an appropriate filing system. As part of this activity, project team meetings will be organized with the aim of efficient coordination and successful implementation of the project in accordance with the Agreement, which will lead to more effective results, achievement of planned goals and the success of the project. In addition to regular meetings, all members of the project team will exchange experiences and information on a daily basis regarding the progress of the project itself, and project team meetings will be organized more often than planned if the need arises.

3.2. Preparation and implementation of the procurement procedure – The stated activity aims at the timely and correct preparation of procurement documents, as well as the implementation of procurement procedures, so that they are efficient and transparent. The procurement documentation preparation service consists of the implementation of procurement procedures according to the rules of EPPC (Electronic Public Procurement Classifieds).

3.3. Implementation of the project audit

4.1. Mandatory information and visibility activities

4.1.1. Updated website with project information

4.1.2. Posters for the project

4.1.3. Permanent labels for equipment

A new organizational method (method of process functions) is being introduced, which will connect the processes of recording, informing, controlling, analyzing, making decisions, planning, coordinating, organizing and implementing procedures, which will consequently lead to the establishment of new departments in the company: eLBC Production Department and PIMSf Implementation Department. In addition to the integrated system for monitoring new products (production, finance, strategy, marketing), a training program is being introduced with the aim of forming high-quality and functional teams that will include employees from different areas of competence. In addition to introducing a new knowledge base, procedures of the highest quality are implemented. Changes are also being introduced to the business organization, which includes the first application of decentralized responsibility for the heads of new departments and the formation of work teams with the aim of improving access, exchange and unification of knowledge from different departments. There will be three engineers in the PIMSf implementation department and one engineer in the eLBC production department.

A new method of implementing PIMSf is being introduced. Production will be organized in two shifts. The reason for this is the work of technical support in countries of another time zone. In addition, the procurement of new equipment and software necessary for the implementation of the product is carried out. A new eLBC production method is being developed which will include: the installation of new production technology, automated equipment and real-time sensors that will assist in process adaptation, new equipment required for new products, laser cutting tools. The null series production will be actively worked on. 50 devices will be involved in its operation. The eLBC is certified in accordance with the CE and EX standards. There will be three engineers in the PIMSf implementation department and one engineer in the eLBC production department. For both products, promotional materials are created and a promotional campaign is implemented.