Effective Company Launch: Successful start of operation for a groundbreaking business idea.

Company:
Lumobag GmbH, Graz, Austria

Situation:

The founders showcase their groundbreaking idea to combat global warming at a startup event – the reflection of sunlight through large reflective surfaces. The concept is selected, and a team of 76 international experts is engaged to plan and implement the entire startup infrastructure.

Objective:

Post the establishment of Lumobag GmbH, the focus shifts to swiftly initiating technical activities. The goal is to define the technical strategy, build a network for future partners and suppliers, assess technical prerequisites, and kickstart projects.

Measures:

Various projects are defined for the launch:
  • Albedo measurement via drone
  • Definition of suitable bag filling machines, construction, and commencement of production
  • Selection of machine manufacturers for automated bag layout
  • Collaboration with plastic film manufacturers to define material properties and pricing for large quantities
  • Production of the initial prototypes

Result after 6 months:

  • Definition of 7 projects for implementation
  • Evaluation of various plastic samples from different manufacturers for future use
  • Creation of initial prototypes using diverse materials and methods
  • Outreach to 8 foil manufacturers and coaters, obtaining sample materials and quotes