A world-class biotechnology company in marine pharmaceutical research and development that aims to discover treatments to respond to unmet clinical needs.
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Internationalization of the patent of a new revolutionary analgesic of marine origin
PORTUGAL2020 – ALG-02-0752-FEDER-071119
Project acronym: Sea4Painternacional
Main goal: Internacionalization of the patent of a new revolutionary analgesic of marine origin.
Project ID | ALG-02-0752-FEDER-071119
Designation | INDIVIDUAL PROJECTS – Internationalization of SMEs – Exports Accelerator
Operational Program | Regional Operational Program of the Algarve
Thematic Objective | OT 3 – Reinforcing the competitiveness of SMEs
Investment Priority | PI 3.2 – The development and application of new business models for SMEs, especially regarding internationalization
Types of Intervention | TI 52 – Internationalization of SMEs
Priority | Exports Accelerator
Call | N º 01/SI/2020
Starting date | 13/02/2021
Ending date | 12/02/2023
Project Value | 219.184,00€
Approved funding | 98.632,80€
Goals, Activities, and Results
SEA4US – BIOTECNOLOGIA E RECURSOS MARINHOS, LDA intends, with this internationalization project, to enter eight new international markets, such as the USA, Japan, United Kingdom, Spain, Germany, France, Switzerland and Italy, being the first company’s markets.
In order to achieve such objectives, as well as to put into practice the strategy aimed at the level of internationalization, the company will develop actions of the following types:
– Knowledge of foreign markets: Participation in events of scientific and commercial natures in order to raise awareness of the company’s research and, thus, attract customers;
– Prospecting and presence in international markets: Follow-up trips to potential commercial contacts with the aim of making known the research carried out and deepening commercial interest;
– Presence on the web, through digital economy: Development of digital marketing campaigns and of an advertising video;
With this internationalization project, the company intends to start its commercial activity in international markets.