Maritime Acceleration Service

Lomar Labs Limited

Cyprus

Service ID:

EP143S1
Service description
Lomar Labs offers a 12-month Maritime Acceleration Programme aimed at early-stage maritime tech companies. This programme, structured in a 3+9 month format, begins with a 3-month Induction Acceleration Programme that prepares participants for the subsequent 9-month deep-dive Maritime Acceleration Programme. The service is designed to de-risk, deploy, and commercialise maritime solutions by providing infrastructure support, insight, and expertise. The programme targets early-stage companies in the maritime technology sector, with the goal of accelerating the deployment of their technology and preparing them for market entry. Participants will engage with both in-house and external experts, including Lomar's executive team and industry mentors, across various phases. These phases include a diagnosis evaluation, mentorship, workshops, technical development, pilot testing, and community development, culminating in the opportunity for successful pilots to receive purchase orders from Lomar’s fleet or follow on investment from Lomar. The expected outcome is a comprehensive advancement in participants' business models, technical capabilities, and market readiness, supported by tailored mentorship, expert guidance, and real-world testing opportunities. Implementation involves a blend of virtual and in-person engagements, ensuring flexible and impactful delivery. This programme exemplifies a holistic approach to maritime innovation, fostering a community of growth, collaboration, and advancement within the sector.
Sector
Mobility
Transport and mobility
Technology Readiness Level
TRL 4 – Technology validated in lab
TRL 5 – Technology validated in relevant environment
TRL 6 – Technology demonstrated in relevant environment
TRL 7 – System prototype demonstration in operational environment
TRL 8 – System complete and qualified
TRL 9 – Actual system proven in operational environment
Financial requirements

The 3-month Induction Acceleration Programme is offered free of charge, with no obligation for continuation from either party. For the comprehensive 12-month programme, the market value is set at €150000, adjustable pro-rata to accommodate the desired programme duration by the startup, either extending or shortening by up to 6 months. This flexible pricing structure allows for tailored engagement to match the specific needs and growth stages of participating maritime tech startups.

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Access to Infrastructure & R&D Support

Application Period:
N/A, as the service is upon demand and open on a continuous basis.
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