The value of the total project was 67,000 euros, of which Argerr d.o.o Sarajevo participated with 65% of its funds, and the C2C fund supported it with a grant in the amount of 35%.

"With the realization of the project, we have expanded our business to the aspect of production. By establishing a prototype center, we can provide our clients with a complete service in one place - from product and equipment development using modern 3D software, to the production itself. Our prototype center in Bugojno contains two CNC machines and accompanying machines for the production and processing of metal parts. Along with the established prototype center, given the experience of working in foreign markets in this field, our team is working on the development of electric bicycles to offer citizens of Bosnia and Herzegovina an alternative mode of transport that is environmentally friendly, safe and accessible, and fully developed and made in BiH ", they say in this company.

Within the project, the conceptual design, final design, stress analysis and 3D model were developed and an ultralight carbon prototype bicycle was made and tested. The electric bicycle is currently in the phase of making the 2nd improved prototype, and the team of this company is already hard  working on modifications in order to develop and make an attractive, ultralight electric bicycle for simple and practical everyday use.

With the help of the project and the support of the C2C fund, Argerr d.o.o. has hired two more young mechanical engineers, and further expansion of the team is planned soon.

"The C2C fund is of great importance, especially for small and medium-sized enterprises, which with significant funds helps the further development of companies, and opens new opportunities for business expansion and employment," they point out in "Argerr".

This company was founded in 2015 and is specialized in research and development in the field of mechanical engineering. Employed engineers work on the development of products, machines, and structures in the mining industry (metallurgy), petroleum and oil industry, automotive industry, and in the field of air conditioning, heating, and cooling. Argerr d.o.o. is an export-oriented company that provides services to most foreign companies, especially in Sweden and the Netherlands. 90% of the company revenue is related to engineering services for Swedish market.  As part of the team, the company's engineers work on large projects in Europe and also with smaller domestic companies that need these type of services.