LiNa Energy Successfully Graduates APC’s Technology Developer Accelerator Programme – Boosting Tech and Validating Business Model
Will Tope, LiNa CCO, said “LiNa really benefitted from working with the APC on TDAP. Whats stands out to me is how the programme helped to refine LiNa’s value proposition, enabling us to match technical excellence with a clear sense of purpose and where we can bring the most value to the clean energy market.”
Run by the Advanced Propulsion Center UK (APC), the prestigious Technology Developer Accelerator programme supports ambitious UK-based micro, small and medium-sized companies that are developing net-zero enabling technology, products or services that want to accelerate their route to market and grow. It focuses on five key areas of development: new product development, market strategy, intellectual property management, investor readiness and networking.
LiNa joined Wave 5 of the TDAP in July 2021 and over the course of the programme we have boosted our technology from initial concept cells through to commercial demonstrations of fully integrated systems. Through a stage-gate process the programme also substantiated LiNa’s business model – at each stage testing that we had a laser-sharp focus on beachhead markets, demonstrable commercial traction with customers, and a robust business plan into the future.
The programme concluded with a Demo Day event at the APC’s headquarters in Coventry where LiNa showcased its progress and pitched to a group of industry peers and investors. Bringing to bear the insights from the last 18 months, we were delighted to receive such positive feedback on the day.