Financed projects
On these pages, innovative projects funded by the Innovation Fund were presented.
Learn moreCompany: CITI
Project name: Navsteer - autonomous and easy to install auto-pilot system with cloud data analytics available to every farmer
Town: Belgrade
Industry: Machines and mechanical engineering
Project value: EUR 490,000
IF participation: EUR 299,800
Development of hardware and software auto-steering systems easily compatible with every tractor model independently from the manufacturer.
Company: JT2
Project name: Hydro Scavenger
Town: Belgrade
Industry: Environmental science
Project value: EUR 431,510
IF participation: EUR 300,000
Development of the innovative catamaran boat for collecting of the plastic waste that will reduce the water pollution in big water masses and create very lucrative business for the company.
Company: MONTAVAR METALNA LOLA
Project name: CNC horizontal boring milling machine HBG 180 – OCP
Town: Belgrade
Industry: Machines and mechanical engineering
Project value: EUR 600,000
IF participation: EUR 300,000
HBG 180 – OCP will be the innovative Computer Numerical Control horizontal boring milling machine, used for highly precise processing of large and heavy objects needed in various industries.
Company: Cervesia
Project name: Totally Haute
Town: Belgrade
Industry: Artificial intelligence
Project value: EUR 430,860
IF participation: EUR 300,000
Multi-functional software application for companies and consumers in the fashion industry, with innovative interactive features, social media and online shop aspects intended for global market.
Company: FINCORE
Project name: AI and Big Data Platform
Town: Belgrade
Industry: ICT
Project value: EUR 511,500
IF participation: EUR 300,000
Development of platform as a Service for real-time AI and Big Data implementation in the highly secure Private Cloud.
Company: Beyond 42
Project name: 3D Virtual Venues Platform
Town: Belgrade
Industry: ICT
Project value: EUR 398,075
IF participation: EUR 278,652
Based on the MVP built, Beyond42 team aims to develop a scalable 3D virtual venues platform that can be automatically purchased, deployed, and live-edited by end-users, starting with universities and educational institutions.
Company: Inmold Plast
Project name: NIn-mold Labeling Ultra Lightweight Packaging mould (IML-ULP mould)
Town: Požega
Industry: Machines and mechanical engineering
Project value: EUR 657,746
IF participation: EUR 295,984
Development of IML-ULP mould for production of 1000 ml plastic bucket with handle weighing 24.5 grams, which is 28% lighter than standard plastic bucket presents at global market.
Company: Djolic consulting
Project name: Book IT
Town: Belgrade
Industry: ICT
Project value: EUR 431,600
IF participation: EUR 300,000
Book IT is an innovative universal booking application for service providers and service users worldwide that will make the processes of finding and booking the services more effective, cost-efficient and time-efficient.
Company: Coming - Computer Engineering
Project name: AgAR - Universal agriculture autonomous robot
Town: Belgrade
Industry: Robotics
Project value: EUR 493,500
IF participation: EUR 295,850
Development of a universal autonomous robotic platform for precision agriculture.
Company: GPI PORT
Project name: Application of fiber-reinforced high performance concrete in prefabricated elements and structures
Town: Bačka Topola
Industry: Civil engineering and construction materials
Project value: EUR 431,502
IF participation: EUR 251,662
Production of concrete elements for the assembly of buildings made of high-performance fiber-reinforced concrete (steel and synthetic fibers).
Company: Appworks
Project name: MapApp interactive posters
Town: Belgrade
Industry: ICT
Project value: EUR 221,630
IF participation: EUR 142,345
Interactive posters that are using combination of mobile technology and the concept of micro-learning, to help students and life-long learners learn more effectively.
Company: Himmel enterijeri
Project name: WallControlSystem - WCS
Town: Belgrade
Industry: Civil engineering and construction materials
Project value: EUR 427,900
IF participation: EUR 298,800
The movable walls solution that redefines the space and gives you the freedom to operate on different scales much easier and for less price than current solutions.
Company: Strawberry Еnergy
Project name: Strawberry Smart Board
Town: Belgrade
Industry: Energy and energy efficiency
Project value: EUR 420,419
IF participation: EUR 294,293
Smart board (slat) for park benches which allows seamless retrofitting of traditional outdoor sitting infrastructure to create the digital furniture of the future.
Company: CITI
Project name: Navsteer - autonomous and easy to install auto-pilot system with cloud data analytics available to every farmer
Town: Belgrade
Industry: Machines and mechanical engineering
Project value: EUR 490,000
IF participation: EUR 299,800
Development of hardware and software auto-steering systems easily compatible with every tractor model independently from the manufacturer.
Company: JT2
Project name: Hydro Scavenger
Town: Belgrade
Industry: Environmental science
Project value: EUR 431,510
IF participation: EUR 300,000
Development of the innovative catamaran boat for collecting of the plastic waste that will reduce the water pollution in big water masses and create very lucrative business for the company.
Company: MONTAVAR METALNA LOLA
Project name: CNC horizontal boring milling machine HBG 180 – OCP
Town: Belgrade
Industry: Machines and mechanical engineering
Project value: EUR 600,000
IF participation: EUR 300,000
HBG 180 – OCP will be the innovative Computer Numerical Control horizontal boring milling machine, used for highly precise processing of large and heavy objects needed in various industries.
Company: Cervesia
Project name: Totally Haute
Town: Belgrade
Industry: Artificial intelligence
Project value: EUR 430,860
IF participation: EUR 300,000
Multi-functional software application for companies and consumers in the fashion industry, with innovative interactive features, social media and online shop aspects intended for global market.
Company: FINCORE
Project name: AI and Big Data Platform
Town: Belgrade
Industry: ICT
Project value: EUR 511,500
IF participation: EUR 300,000
Development of platform as a Service for real-time AI and Big Data implementation in the highly secure Private Cloud.
Company: Beyond 42
Project name: 3D Virtual Venues Platform
Town: Belgrade
Industry: ICT
Project value: EUR 398,075
IF participation: EUR 278,652
Based on the MVP built, Beyond42 team aims to develop a scalable 3D virtual venues platform that can be automatically purchased, deployed, and live-edited by end-users, starting with universities and educational institutions.
Company: Inmold Plast
Project name: NIn-mold Labeling Ultra Lightweight Packaging mould (IML-ULP mould)
Town: Požega
Industry: Machines and mechanical engineering
Project value: EUR 657,746
IF participation: EUR 295,984
Development of IML-ULP mould for production of 1000 ml plastic bucket with handle weighing 24.5 grams, which is 28% lighter than standard plastic bucket presents at global market.
Company: Djolic consulting
Project name: Book IT
Town: Belgrade
Industry: ICT
Project value: EUR 431,600
IF participation: EUR 300,000
Book IT is an innovative universal booking application for service providers and service users worldwide that will make the processes of finding and booking the services more effective, cost-efficient and time-efficient.
Company: Coming - Computer Engineering
Project name: AgAR - Universal agriculture autonomous robot
Town: Belgrade
Industry: Robotics
Project value: EUR 493,500
IF participation: EUR 295,850
Development of a universal autonomous robotic platform for precision agriculture.
Company: GPI PORT
Project name: Application of fiber-reinforced high performance concrete in prefabricated elements and structures
Town: Bačka Topola
Industry: Civil engineering and construction materials
Project value: EUR 431,502
IF participation: EUR 251,662
Production of concrete elements for the assembly of buildings made of high-performance fiber-reinforced concrete (steel and synthetic fibers).
Company: Appworks
Project name: MapApp interactive posters
Town: Belgrade
Industry: ICT
Project value: EUR 221,630
IF participation: EUR 142,345
Interactive posters that are using combination of mobile technology and the concept of micro-learning, to help students and life-long learners learn more effectively.
Company: Himmel enterijeri
Project name: WallControlSystem - WCS
Town: Belgrade
Industry: Civil engineering and construction materials
Project value: EUR 427,900
IF participation: EUR 298,800
The movable walls solution that redefines the space and gives you the freedom to operate on different scales much easier and for less price than current solutions.
Company: Strawberry Еnergy
Project name: Strawberry Smart Board
Town: Belgrade
Industry: Energy and energy efficiency
Project value: EUR 420,419
IF participation: EUR 294,293
Smart board (slat) for park benches which allows seamless retrofitting of traditional outdoor sitting infrastructure to create the digital furniture of the future.