Tenroc Technologies Receives Funding

LARS LANHED / MASONIT
Jun 23, 2010
Tenroc Technologies have been accepted to VINN Verifiering, meaning that the project will receive up to SEK 2 000 000 in funding during a two year period to verify the market.

Tenroc Technologies provides construction beams strengthened with pre-stressed fibers that substantially raise the load carrying capacity. The funding from VINN Verifiering will provide the opportunity to further evaluate the potential market and create a strategy for commercialization. The business developers behind Tenroc Technologies, Erik Andersson and Erik Gulbrandsen, can now focus on further developing their business plan. 

VINN Verifiering is given as the last step of a joint financing program from VINNOVA and Innovationsbron that helps create possibilities for Swedish research based business ideas to reach the market. The funding is given in steps during a two year period. In each step the project can receive a maximum of SEK 500 000 and the total amount of funding for the two year period is SEK 2 000 000.