SmartBuy

Project facts

Project promoter:
Estonian Tarbijateühistute Keskühistu (ETK)
Project Number:
EE07-0009
Target groups
Small and medium-sized enterprises (SME)
Status:
Completed
Initial project cost:
€25,853
Final project cost:
€24,904
From Norway Grants:
€ 15,876
The project is carried out in:
Eesti

More information

Description

Improving effectiveness of supply and consumption of groceries and basic necessities is important in order to avoid wasting of food, time and to reduce transportation costs. In this context the project idea is to develop system “SmartBuy” for easy planning and managing groceries and basic necessities purchases. The system will help end-users to simplify and speed up shopping process and management of shopping lists. It also enables retail companies to achieve significant effectiveness in their activities. This project, supported under the small grant scheme, will aim to further elaborate the project idea with the aim of preparing the project application for the main open call under the GII programme. The project focus will be on assessing the feasibility, analysing the market situation and competitive environment, developing the concept of solution and forming an initial action plan. The funding will also be used to search for possible Norwegian partners to be involved in the project.

Summary of project results

The project was necessary to prepare open call project application, to analyse the project idea and to develop the concept of the solution. The project idea is to develop system “SmartBuy” for easy planning and managing groceries and basic necessities purchases. Project activities carried out in accordance with the Project Plan. As the results of the small grant project, the project feasibility is assessed, market situation and competitive environment are analysed and consistent reports, product specification model, business plan and environmental impact assessment report were prepared. During the project implementation period first partnership contacts were created in Norway, but due to a short implementation period the partnership agreement has not been signed yet. Project activities can be considered as satisfactory, however, since the signing of the partnership agreement with foreign partners not yet been reached, the continuing activities of the project will slightly delay.

Summary of bilateral results