Development project Twikit

Client
Twikit is a B2B software company active in the manufacturing 4.0 world. They connect consumer interfaces directly to digital manufacturing (3D printing, laser cutting, etc.) whereby they can deliver a production-ready file. As such, they enable brands to bring personalised products to market in a scalable way. Twikit is also SME of the year in Antwerp province, and finalist of Unizo's SME of the year.

One of Twikit's developments is the Twikbot®, an advanced system to make adaptations which meet the highest production standards on a large scale. It is used by companies all over the world to make custom-made adaptations to their products. Customers from the automotive, construction & interior, orthopaedics and luxury products sectors already use this solution, and it is universally applicable.

One example from the automotive sector is BMW. Nowadays, car manufacturers already offer a wide range of pre-defined options. However, up until recently, these options were limited to colours, finishes and interior materials. BMW uses the Twikbot® to personalise specific features of a car at a more advanced level, to stand out from the competition.

"Innovative companies in the biometrics sector will use our technology to manufacture their products quickly, tailor-made, and on a large scale. But customisation for a mass market audience is also perfectly possible for other high-value products. Companies discover that they can tailor products to each individual customer, using high-tech production techniques such as 3D printing and laser cutting" – Gijs Hoppenbrouwers, co-founder of Twikit.  

Customer demand: Twikit now plans to build on its service offering and roll out further developments to serve its customers even better.
Twikit's next development will be groundbreaking for the biometrics sector. Developing the idea will take around 2 years. To finance this development, Twikit intends to make use of subsidies from Flanders Innovation & Entrepreneurship (VLAIO) via a "Development Project". For a small company like Twikit, this support can be worth up to 45% of the planned budget, up to an amount of €3 million (!).

Strategy
In close cooperation with Twikit, an initial interview is first organised. This will determine which subsidy measure is the most suitable, and also explains where there might be other opportunities. The goal here is to map out the course of the project together. Based on these details, Moore Stephens will make a first draft of the broad outlines of the file. Moore Stephens is also advising on the challenges, the approach, the partners and the budget to be used.

Drafting the file is an iterative process. Moore Stephens drafts ideas and then proposes them to Twikit. That way, Moore Stephens does the work, and Twikit agrees with the content of the file. The information obtained is processed into a draft application which meets the formal requirements. Moore Stephens then submits this draft to Twikit for verification, and is also responsible for gathering the necessary annexes. In the event that it has to be orally defended, Moore Stephens will support Twikit until the approval of the project.

Result: work in progress.
In the case of Twikit, they are applying for a subsidy of around € 450,000, for a budget of around €1 000,000. Moore Stephens is helping Twikit refine their application, prepare the subsidy file and then submit it.

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