Magenta's main objective within SME Instrument project was to explore the commercial
potential and economic viability of TrafficFlow, thus allowing Magenta to
enter into the market as quickly as possible. A complete investor memorandum
was developed in the form of a consolidated business plan. Specific
objectives are consistent with expected exploitation and impact, are
reflected in the Work Plan and summarised as follows:
To assess TrafficFlow’s commercial / marketing viability. This includes
a full scale commercial analysis & marketing plan (including
specific measures for different target users) and a detailed IP regime,
taking into consideration the international nature of potential
commercialisation;
To assess TrafficFlow’s short, medium, long term economic viability.
This includes an extensive market analysis (potential market, risks
and contingency plans, competitors) and a cost analysis (necessary capital,
financial risk investment potential), with a detailed implementation and
management plan.