The main question is what is the level of technical maturity of your innovative product, for which you would like to obtain the funding for further development. The next question is whether you are developing the product on your own or in a consortium with partners (domestic, foreign), and whether your product has a breakthrough potential.

Developing a new product requires a clear, well-defined project path. One such method is Stage Gate, which removes chaos and provides a clear structure that all project stakeholders can see and follow. New product development can be a risky venture for an organisation.

A calculation process used to determine the cost (own price) of a product or service. The biggest problem in determining the cost price is how to allocate the indirect costs (administration, procurement, sales, etc.) to each product or service.

Business processes enable the operation of a business system (success/failure of a business). Owners and managers are constantly trying to improve business performance, and looking for ideas and solutions for reducing costs and increasing productivity. Effective business process management requires paying attention to 4 key areas: finance, employees, product and process.

Slovenia will have access to around EUR 3.2 billion for investments in a greener, more digital, connected, social and smarter country. 25% of this funding will be available for the green transition, i.e. for investments in renewable energy, energy efficiency improvements in buildings, flood safety and water drainage and treatment.

Companies primarily choose investments with the aim of generating higher EBITDA and value added per employee. However, sustainable financing takes into account ESG factors and objectives in addition to the economic objective.

The European Green Deal sets out a path for Europe to become the first climate neutral continent by 2050. It sets out a new, sustainable and inclusive growth strategy, with the objective of encouraging business to invest sustainably.

Companies usually develop business plans when making an investment, especially when they are required by the bank. However, they rarely prepare business plans for their own needs. The same goes for annual plans. Many companies do not make annual plans. Some think there is no need, others find it a waste of time. However, for companies with a 100-year history, the annual plan is the basis for forecasting and monitoring performance. Plans are prepared on a monthly or quarterly basis.