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Funding period

Showing all data for 2014–2021

Business Development, Innovation and SMEs Completed

Increasing the competitiveness of SIA “VIZULO” in the field of green innovations

VIZULO ·Latvia

€600k
Grant awarded
Business Development, Innovation and SMEs
Programme
7 December 2021
Signed

About this project

<p style="text-align: justify"><span style="font-size: 11pt"><span style="font-family: Calibri, sans-serif"><span style="font-size: 10pt"><span style="font-family: &quot;Times New Roman&quot;, serif">The aim of the project “Increasing the competitiveness of SIA“ VIZULO ”in the field of green innovations” is SIA</span></span></span></span></p> <p style="text-align: justify"><span style="font-size: 11pt"><span style="font-family: Calibri, sans-serif"><span style="font-size: 10pt"><span style="font-family: &quot;Times New Roman&quot;, serif">Increasing the competitiveness of VIZULO in the field of green innovation by expanding the range of products with new, high value-added products, the life cycle impact of which is significantly reduced.</span></span></span></span></p> <p style="text-align: justify">&nbsp;</p> <p style="text-align: justify"><span style="font-size: 11pt"><span style="font-family: Calibri, sans-serif"><span style="font-size: 10pt"><span style="font-family: &quot;Times New Roman&quot;, serif">The following activities are planned in the project:</span></span></span></span></p> <p style="text-align: justify">&nbsp;</p> <p style="text-align: justify"><span style="font-size: 11pt"><span style="font-family: Calibri, sans-serif"><span style="font-size: 10pt"><span style="font-family: &quot;Times New Roman&quot;, serif">1. Purchase of equipment</span></span></span></span></p> <p style="text-align: justify"><span style="font-size: 11pt"><span style="font-family: Calibri, sans-serif"><span style="font-size: 10pt"><span style="font-family: &quot;Times New Roman&quot;, serif">1.1. Conclusion of a contract with a supplier</span></span></span></span></p> <p style="text-align: justify"><span style="font-size: 11pt"><span style="font-family: Calibri, sans-serif"><span style="font-size: 10pt"><span style="font-family: &quot;Times New Roman&quot;, serif">1.2. Equipment installation</span></span></span></span></p> <p style="text-align: justify"><span style="font-size: 11pt"><span style="font-family: Calibri, sans-serif"><span style="font-size: 10pt"><span style="font-family: &quot;Times New Roman&quot;, serif">1.3. Staff training</span></span></span></span></p> <p style="text-align: justify"><span style="font-size: 11pt"><span style="font-family: Calibri, sans-serif"><span style="font-size: 10pt"><span style="font-family: &quot;Times New Roman&quot;, serif">2. Measures related to the introduction of a new product and technology into production</span></span></span></span></p> <p style="text-align: justify"><span style="font-size: 11pt"><span style="font-family: Calibri, sans-serif"><span style="font-size: 10pt"><span style="font-family: &quot;Times New Roman&quot;, serif">2.1. New product testing, certification, prototyping</span></span></span></span></p> <p style="text-align: justify"><span style="font-size: 11pt"><span style="font-family: Calibri, sans-serif"><span style="font-size: 10pt"><span style="font-family: &quot;Times New Roman&quot;, serif">2.2. Business trip of the project applicant's 2 employees to the project partner in Norway</span></span></span></span></p> <p style="text-align: justify"><span style="font-size: 11pt"><span style="font-family: Calibri, sans-serif"><span style="font-size: 10pt"><span style="font-family: &quot;Times New Roman&quot;, serif">3. Project information and communication activities</span></span></span></span></p> <p style="text-align: justify"><span style="font-size: 11pt"><span style="font-family: Calibri, sans-serif"><span style="font-size: 10pt"><span style="font-family: &quot;Times New Roman&quot;, serif">3.1. Information event with the aim to inform the public about the project progress and results</span></span></span></span></p> <p style="text-align: justify"><span style="font-size: 11pt"><span style="font-family: Calibri, sans-serif"><span style="font-size: 10pt"><span style="font-family: &quot;Times New Roman&quot;, serif">3.2. Press releases in business-related publications</span></span></span></span></p> <p style="text-align: justify"><span style="font-size: 11pt"><span style="font-family: Calibri, sans-serif"><span style="font-size: 10pt"><span style="font-family: &quot;Times New Roman&quot;, serif">3.3. Information stand at the planned object at the project implementation address</span></span></span></span></p> <p style="text-align: justify"><span style="font-size: 11pt"><span style="font-family: Calibri, sans-serif"><span style="font-size: 10pt"><span style="font-family: &quot;Times New Roman&quot;, serif">3.4. Information board at the project planned object at the project implementation address</span></span></span></span></p> <p style="text-align: justify"><span style="font-size: 11pt"><span style="font-family: Calibri, sans-serif"><span style="font-size: 10pt"><span style="font-family: &quot;Times New Roman&quot;, serif">3.5. Up-to-date information about the project, its goals and results will be published on the website of SIA “VIZULO” www.vizulo.com and on the fb page.</span></span></span></span></p> <p style="text-align: justify"><span style="font-size: 11pt"><span style="font-family: Calibri, sans-serif"><span style="font-size: 10pt"><span style="font-family: &quot;Times New Roman&quot;, serif">4. Knowledge transfer activities with the project partner</span></span></span></span></p> <p style="text-align: justify"><span style="font-size: 11pt"><span style="font-family: Calibri, sans-serif"><span style="font-size: 10pt"><span style="font-family: &quot;Times New Roman&quot;, serif">4.1. Testing of industrial indoor luminaires at partner facilities</span></span></span></span></p> <p style="text-align: justify"><span style="font-size: 11pt"><span style="font-family: Calibri, sans-serif"><span style="font-size: 10pt"><span style="font-family: &quot;Times New Roman&quot;, serif">4.2. Preparation of test report</span></span></span></span></p> <p style="text-align: justify"><span style="font-size: 11pt"><span style="font-family: Calibri, sans-serif"><span style="font-size: 10pt"><span style="font-family: &quot;Times New Roman&quot;, serif">4.3. Development of recommendations for the improvement of new products and reduction of environmental impact.</span></span></span></span></p>

Bilateral cooperation results

The partner of the project has contributed by providing testing facilities. Additionally, their technical expertise in CO2 emission reduction through innovative engineering solutions has proven very valuable. After the completion of the testing, we and the partner both received confirmation that the proposed and implemented solutions to reduce CO2 emissions were effective. This has given both sides a deeper understanding of effective strategies and we already have several other ideas that can be implemented to reduce CO2 emissions generated by our other LED luminaires. In the future, we would like to continue our collaboration with the partner as we see several potential areas where their knowledge and assistance could be helpful to us. Similarly, the partner also expressed a desire to be involved with us in potential future projects, as they would like to offer LED luminaires with reduced CO2 footprint together with their services when participating in procurements for new buildings.

Project partners