Development of N.E. Asia In-Market Collaboration and Executive Immersion
Organisation: Lanaco
Grant Number: M17004
Grant Amount: $100,000
Grant Type: Market Insight Grants
Lanaco Ltd is a developer and manufacturer of filters that utilizes New Zealand wool as its core technology based on this natural fibre platform. Lanaco has global ambitions to protect the health and well-being of everyone around the world through the uses of its innovative wool-based filters in every part of life.
Its headquarters in Auckland integrated together offices, labs and factory production under one roof accelerating commercialization to the market. It is a highly specialized centre of excellence and innovation of clean air technology able to customize filtration materials for both air and liquid applications utilizing coarse wool and fine wool.
The AGMARDT immersion grant funding enabled Lanaco to meet, establish and develop deeper relationships with a range of key influencers overseas, in particularly for Asia. Over 25 key influencers spanning across ‘from farm to market’ spectrum of stakeholders were covered, that included industrial designers, test-labs, regulators, distributors, investors, appliance manufacturers, technology suppliers and farm-owners. This included The National Quality Supervision and Testing Centre for Personal Protective Equipment in Beijing and antipollution face mask distributors in Xiamen city. During the immersion journey, a better understanding of the differences in social, business cultures and practices was gained, which initiated preparations on protection of the brand, technology-designs, manufacturing processes, trademarks, trade-secrets and IP as part of a disciplined approach for going global. This also included ‘on-farm’ level with the sheep genetics that produces the best wool attributes for air filters developed in a dedicated sheep breeding programme.
“AMGARDT’s support gave us the opportunity to be in front of overseas influencers and develop a meaningful relationship with them, and spark new ideas that develop into tangible projects and outcomes for our business and for New Zealand. We are now exploring new filter formulations into new product categories, such as medical materials and for ventilation, with influencers we met during the programme. The feedback from the market is positive, they are asking us to expand our product portfolio into their applications. This process was accelerated only because of support from partners like AGMARDT” Dr Samuel Yu, Head of Business & Marketing, Lanaco