CIVITTA Annual review 2017 | Page 28

C I V I T TA A N N U A L R E V I E W 2 0 1 7 Metallurgical engineering Project duration 6 months Conducting a feasibility study for the commercialization of the xBeam 3D metal printer Innovation park Developing the concept for UNIT.City innovation park Project duration 3 months innovation park in Kyiv offering an innovative infrastructure and tech ecosystem, unique Project description: Chervona Hvilya, an innovative Ukrainian company successfully services and networking opportunities that build a strong community of innovators, developed a breakthrough technology in 3D metal printing: xBeam. Civitta’s team noticeable on a global scale. Civitta’s team conducted market research and references prepared a feasibility study for the commercialization of Chervona Hvilya’s xBeam 28 | analysis, studied key trends in IT and tech start-ups industries worldwide, identified target technology. Civitta helped Chervona Hvilya better understand market trends in client groups and noted real estate market competition. Civitta outlined practical additive manufacturing and clearly defined the target market for their xBeam 3D 1 150 hours invested printing technology. Civitta also identified xBeam users’ needs, estimated the size of the market for the printer, and identified competitive advantages of the xBeam printer in the global market. Civitta assisted Chervona Hvilya to develop a business model, a Project description: Civitta successfully developed a growth concept for UNIT.City, an 700 hours invested recommendations for creating the innovation ecosystem of UNIT City, which will be deeply integrated with the innovation ecosystem of Ukraine. The team of architects from Pupa (Lithuania) was also involved in the project to help in defining unique features and creative urbanistic interventions for the location. market-entry strategy, and an extensive business plan, which was used to attract invest- ments. Results: 1. Civitta provided UNIT.City with modern knowledge and deep understanding of Results: 3 offices involved Lithuania, Belarus, Ukraine 1. Civitta identified key target customer groups for the xBeam printer and value propo- sitions for each group, developed business and financial models for Chervona Hvilya, and created an extensive business plan. 2. Civitta helped Chervona Hvilya to receive a climate innovation voucher worth 50 000 € from the European Bank for Reconstruction and Development for software deve- lopment. 3. The project enabled the client to submit an application for a Horizon 2020 SME Instrument Phase 2 grant. how to nurture the most advanced innovation park in Eastern Europe. 4 offices involved Ukraine, Lithuania, Belarus, Moldova 2. Civitta designed a five-year three-stage development plan for UNIT.City and proposed additional services to add value for resident companies. 3. UNIT.City project attracted more than 200 million USD from private investors and officially opened in fall 2017. | 29