Financed projects
On these pages, innovative projects funded by the Innovation Fund were presented.
Learn moreCompany: AKO MED
Project name: Surgical Super-Elastic (SE) Needle
Town: Belgrade
Industry: Medical Devices manufacturing
Project value: EUR 600,371
IF participation: EUR 419,570
SE Needle is an innovative surgical super-elastic (SE) unbreakable medical needle with a memory effect, made of a special material, Nitinol (a metal alloy of nickel and titanium), intended for various surgeries where laparoscopic methods are used.
Company: ALATNICA BAROVIC INTERNATIONAL
Project name: Rotary servo punch press
Town: Obrenovac
Industry: Production of machines for processing steel
Project value: EUR 793,334
IF participation: EUR 476,600
Construction of the innovative rotary servo punch press of high energy efficiency for perforation of sheet metal with a roller knife. This press has far higher performance and electricity savings compared to standard hydraulic presses.
Company: EGZAKTA
Project name: AI Powered Consultants Knowledge Hub
Town: Beograd
Industry: Management and IT consulting
Project value: EUR 639,000
IF participation: EUR 426.855
AI Powered Consultants Knowledge Hub is designed to transform the consulting industry by addressing the unique challenges of small and boutique consultancies, deploying advanced AI models for creating customized consulting documents, and integrating productivity tools to streamline workflows.
Company: FPM AGROMEHANIKA
Project name: DKK 260/6 Innovative Wide-range Combined Rotary Mower
Town: Boljevac
Industry: Production of machines for agriculture and forestry
Project value: EUR 1.010.338
IF participation: EUR 500.000
Innovative wide-range combined rotary mower FPM DKK 260/6 - Intended for mowing on uneven and muddy terrain with an automated hydraulic shock absorber that gives the ability to adapt to extremely uneven terrain with the installation of a mechanism for additional conditioning and crushing of the grass to further accelerate the drying of the mowed grass.
NETCOM SYSTEM
Project name: SUMA – superior logistics software for agricultural trade goods
Town: Belgrade
Industry: ICT
Project value: EUR 695,700
IF participation: EUR 486,775
SUMA is a digital AI-enhanced logistics platform that helps companies in the agricultural trade goods chain make timely decisions, maximize productivity and increase revenue.
Company: POPADIĆ KOMERC
Project name: Buckwheat Max (BWM)
Town: Kragujevac
Industry: Food Safety
Project value: EUR 678,880
IF participation: EUR 475,216
BWM is a production line that uses specifically designed tools that provide separating buckwheat grain from toxic plant and husk with very high precision and secure extremely healthy, gluten-free product with rich nutritional value.
Company: SCORPION ABRASIVE
Project name: Scorpion Edge Discs
Town: Stara Pazova
Industry: Manufacturing of abrasive products
Project value: EUR 718,840
IF participation: EUR 500,000
Development of an innovative high capacity production line for advanced abrasive cutting discs with improved formula, delivering high-quality, durable cutting discs for unparalleled precision and performance.
Company: TEHNOEXPORT
Project name: Termomax HVAC system
Town: Indjija
Industry: Production of HVAC systems
Project value: EUR 833,414
IF participation: EUR 500,000
Development of the innovative Termomax HVAC system consisting of 75mm of insulation, with a unique formula that adheres to European Energy Efficiency, safety, and ecological standards and specialized packing technology for safe transportation and storage.
Company: AKO MED
Project name: Surgical Super-Elastic (SE) Needle
Town: Belgrade
Industry: Medical Devices manufacturing
Project value: EUR 600,371
IF participation: EUR 419,570
SE Needle is an innovative surgical super-elastic (SE) unbreakable medical needle with a memory effect, made of a special material, Nitinol (a metal alloy of nickel and titanium), intended for various surgeries where laparoscopic methods are used.
Company: ALATNICA BAROVIC INTERNATIONAL
Project name: Rotary servo punch press
Town: Obrenovac
Industry: Production of machines for processing steel
Project value: EUR 793,334
IF participation: EUR 476,600
Construction of the innovative rotary servo punch press of high energy efficiency for perforation of sheet metal with a roller knife. This press has far higher performance and electricity savings compared to standard hydraulic presses.
Company: EGZAKTA
Project name: AI Powered Consultants Knowledge Hub
Town: Beograd
Industry: Management and IT consulting
Project value: EUR 639,000
IF participation: EUR 426.855
AI Powered Consultants Knowledge Hub is designed to transform the consulting industry by addressing the unique challenges of small and boutique consultancies, deploying advanced AI models for creating customized consulting documents, and integrating productivity tools to streamline workflows.
Company: FPM AGROMEHANIKA
Project name: DKK 260/6 Innovative Wide-range Combined Rotary Mower
Town: Boljevac
Industry: Production of machines for agriculture and forestry
Project value: EUR 1.010.338
IF participation: EUR 500.000
Innovative wide-range combined rotary mower FPM DKK 260/6 - Intended for mowing on uneven and muddy terrain with an automated hydraulic shock absorber that gives the ability to adapt to extremely uneven terrain with the installation of a mechanism for additional conditioning and crushing of the grass to further accelerate the drying of the mowed grass.
NETCOM SYSTEM
Project name: SUMA – superior logistics software for agricultural trade goods
Town: Belgrade
Industry: ICT
Project value: EUR 695,700
IF participation: EUR 486,775
SUMA is a digital AI-enhanced logistics platform that helps companies in the agricultural trade goods chain make timely decisions, maximize productivity and increase revenue.
Company: POPADIĆ KOMERC
Project name: Buckwheat Max (BWM)
Town: Kragujevac
Industry: Food Safety
Project value: EUR 678,880
IF participation: EUR 475,216
BWM is a production line that uses specifically designed tools that provide separating buckwheat grain from toxic plant and husk with very high precision and secure extremely healthy, gluten-free product with rich nutritional value.
Company: SCORPION ABRASIVE
Project name: Scorpion Edge Discs
Town: Stara Pazova
Industry: Manufacturing of abrasive products
Project value: EUR 718,840
IF participation: EUR 500,000
Development of an innovative high capacity production line for advanced abrasive cutting discs with improved formula, delivering high-quality, durable cutting discs for unparalleled precision and performance.
Company: TEHNOEXPORT
Project name: Termomax HVAC system
Town: Indjija
Industry: Production of HVAC systems
Project value: EUR 833,414
IF participation: EUR 500,000
Development of the innovative Termomax HVAC system consisting of 75mm of insulation, with a unique formula that adheres to European Energy Efficiency, safety, and ecological standards and specialized packing technology for safe transportation and storage.