Another round of success stories, as EU Startup Services is proud to announce that they wrote 4 successful applications for the SME Instrument Phase 1 for startups from 3 countries (France, UK and Sweden) and across 3 different topics: Open Disruptive Innovation, ICT for Health, and Transport and Smart Cities Mobility.
For the third cut-off of the SME Instrument Phase 1 this year, EASME received 1,938 project proposals from 40 countries. ODI was again the most popular topic with 457 proposals submitted, followed by ICT for health (227) and low carbon & efficient energy systems (187 proposals). Most proposals have been submitted by SMEs from Italy (362), Spain (359) and the United Kingdom (164).
The European Commission has funded a total of 1,506 SME Instrument Phase 1 projects since the launch of the programme in 2014.
These 4 new projects testify of EU Startup Services’ expertise in the above-mentioned sectors, and extend our overall success stories to a total of 19 companies served in the last 18 months, in 9 different countries.
EU Startup Services secured EU Funding in the following industries:
The SME INSTRUMENT: The SME Instrument Phase I awards equity free grant funding to innovative EU startups, at a flat rate of €50.000 equity free funding per startup.
We provide an overview of our success stories from the September 2016 cut-off date below:
Topic: ICT for Health
PerioSystem is a full-web practice management software for dental clinics with innovative UI and technological features that increase both productivity and efficiency of dental offices. With its SaaS model, simplified UI and integrated communications, PerioSystem reduces practice management time by about 15%. It incorporates 4 technological innovations that directly contribute to productivity and asepsis. Voice recognition and facial recognition save significant time during exams, motion recognition preserves asepsis as dentists control the application remotely. Augmented reality provides relevant patient information without the constant need of an assistant.
State-of-the-art ergonomics deliver a new user experience that is intuitive and adapted to dentists’ fast-paced daily life. Key partnerships are in place to offer unparalleled levels of data storage and management, knowledge libraries, public health communications and Ministry-approved public health communications. Read more on their online brochure.
Topic: Transport and Smart Cities Mobility
Karos develops a disruptive approach to short distance carpooling, by building a brand new transportation network so that people can commute every day in a reliable, affordable and ecological way. Its predictive algorithms, leveraging machine learning and big data technologies, makes carpooling effortless and reliable for daily trips through an intuitive mobile application.
Karos’s technology predicts accurately the upcoming trips of the users and automatizes all the carpool organization process. The users can carpool in 1 single click, within few seconds. It has been developed big data and machine learning innovative approaches in the context of geolocation mobile data. The team built a behavioral prediction engine which is able to anticipate the user rides (departure location and time, arrival, path) for the next days by learning complex unique behaviors.
Topic: Open Disruptive Innovation
Kasko provides insurance for the digital economy, enabling online marketplaces to offer their customers the protection they need and to their business easy access to new revenue streams, by providing tailored insurance at the point of demand, thereby cutting the middleman. KASKO enables innovative digital businesses to offer relevant insurance services to their customers via our modular API.
Do you want to create an organic new revenue stream for your business? Contact Kasko today for more information.
Topic: Open Disruptive Innovation
Modcam provides an intelligent platform for computer vision, enabling advanced video analytics on-device instead of distributing video streams over a network, offloading the network, protecting privacy and saving tremendous costs to its clients. Modcam is based on a fully open platform that enables 3rd party SW providers to easily deploy algorithm on our platform. The installation can be done in minutes with a patented system setup based on QR code.
Take a look at our client Testimonials and contact us if you also want your startup to be a ‘Success Story’ with more than million euros of equity-free EU grant funding to help you scale-up.