Financed projects
On these pages, innovative projects funded by the Innovation Fund were presented.
Learn moreCompany: ALFA CLIMA
Project name: PropSafe
Town: Knjaževac
Industry: Energy efficiency
Project value: EUR 350,930
IF participation: EUR 250,530
Project start: 1.11.2018.
Duration: 24 months
Alfa Clima from Knjaževac is developing a new design for manufacturing of propane-based heat pumps which are completely safe for domestic and industrial use. This innovative technical solution will enable the production of environmentally-friendly pumps that meet the highest industrial standards, with a significantly lower price for the end-user.
Company: COMPOSITE TECHNOLOGY TEAM
Project name: NT161 – Unmanned Aerial System
Town: Belgrade
Industry: Mechanical engineering
Project value: EUR 428,052
IF participation: EUR 299,624
Project start: 15.11.2018.
Duration: 24 months
The unmanned aerial system developed by Composite Technology Team is designed to cover a wide range of operations, from data collection, through surveillance, to scientific missions. The new, aerodynamic shape of the aircraft provides the highest performance in terms of flying and air stability, while the vehicle’s simple deployment and integration with various add-ons is achieved through a specific modular construction.
Company: BEXEL CONSULTING
Project name: Bexel Infrastructor Suite
Town: Belgrade
Industry: Construction
Project value: EUR 275,684
IF participation: EUR 178,684
Project start: 15.10.2018.
Duration: 21 months
Bexel Consulting is developing a software solution which will be used to design complex tunnel construction plans and processes with the possibility of quick changes as construction progresses and geology information is updated. In addition to improving data and information levels, the innovative algorithms for parametric disposition of tunnel elements along the tunnel route present the greatest advantage of this software over competitive solutions on the market.
Company: NEOMEDICA
Project name: NAISSA Immuno Assay Monotest
Town: Niš
Industry: Medical and therapeutical devices
Project value: EUR 363,717
IF participation: EUR 254,598
Project start: 15.10.2018.
Duration: 21 months
NeoMedica company from Niš offers a unique solution to significantly improve the classic method of conducting ELISA tests. NAISSA Immuno Assay Monotest enables the collection of all the required reagents to perform the test using only one vessel, which, in addition to significantly simplifying the process itself, eliminates oxidation or contamination of the contents. Additionally, it contributes to the reduction of waste materials.
Company: MTT AERO C&RT
Project name: Meterological Magnetron Based Radar Innovation
Town: Belgrade
Industry: Electronics
Project value: EUR 293,015
IF participation: EUR 204,990
Project start: 1.11.2018.
Duration: 18 months
MTT AERO C&RT is developing a new high-performance receiver and control unit with the aim of modernizing existing meteorological radar installations. With the help of innovative algorithms and new signal processing methodology, this solution will generate valuable cost savings for the customers and significantly prolong the lifespan of each radar.
Company: PHOTON OPTRONICS
Project name: 2.5D Ladar Device
Town: Niš
Industry: Electronics
Project value: EUR 365,240
IF participation: EUR 217,568
Project start: 1.11.2018.
Duration: 24 months
Photon Optronics is developing a new hardware-software system that will enable extracting of high quality images and spatial representations in heavy-duty atmospheric scattering conditions with reduced visibility (fog, smoke, snow, etc.) by using the pulsed laser technology. The system will find its primary application in firefighting, rescue missions in low visibility conditions, security systems and monitoring systems.
Company: COING
Project name: Clockify Glass
Town: Novi Sad
Industry: Software and application development
Project value: EUR 489,056
IF participation: EUR 300,000
Project start: 1.11.2018.
Duration: 24 months
Coing is developing a software solution that analyzes user activities in real time and categorizes them according to automation algorithms. Using the latest technologies in the field of neural networks, the software will offer a fully automated process for monitoring of activities and time tracking without additional input from the end-user.
Company: BIOUNIK
Project name: New Bioregulators Based on Autochtonous Bacteria for Thinning of Apple Fruits
Town: Belgrade
Industry: Food industry and agriculture
Project value: EUR 292,350
IF participation: EUR 204,645
Project start: 15.10.2018.
Duration: 21 months
Biounik is developing an innovative organic bioregulator for apple cultivation to improve the process of apple thinning. The aim of this project is to create two formulas, one containing auxin and one containing cytokinin, which will improve the yield of the first category fruits.
Company: PANONIT
Project name: CardioNS
Town: Novi Sad
Industry: Medical and terapeutic devices
Project value: EUR 223,580
IF participation: EUR 154,665
Project start: 1.11.2018.
Duration: 24 months
Panonit from Novi Sad is developing a new mobile, cost-effective, accurate and reliable ECG device for medical institutions and all individuals suffering from cardiovascular diseases. With just a few clicks, patients will be able to get a fully professional doctor consultation without the use of expensive medical devices.
Company: ALFA CLIMA
Project name: PropSafe
Town: Knjaževac
Industry: Energy efficiency
Project value: EUR 350,930
IF participation: EUR 250,530
Project start: 1.11.2018.
Duration: 24 months
Alfa Clima from Knjaževac is developing a new design for manufacturing of propane-based heat pumps which are completely safe for domestic and industrial use. This innovative technical solution will enable the production of environmentally-friendly pumps that meet the highest industrial standards, with a significantly lower price for the end-user.
Company: COMPOSITE TECHNOLOGY TEAM
Project name: NT161 – Unmanned Aerial System
Town: Belgrade
Industry: Mechanical engineering
Project value: EUR 428,052
IF participation: EUR 299,624
Project start: 15.11.2018.
Duration: 24 months
The unmanned aerial system developed by Composite Technology Team is designed to cover a wide range of operations, from data collection, through surveillance, to scientific missions. The new, aerodynamic shape of the aircraft provides the highest performance in terms of flying and air stability, while the vehicle’s simple deployment and integration with various add-ons is achieved through a specific modular construction.
Company: BEXEL CONSULTING
Project name: Bexel Infrastructor Suite
Town: Belgrade
Industry: Construction
Project value: EUR 275,684
IF participation: EUR 178,684
Project start: 15.10.2018.
Duration: 21 months
Bexel Consulting is developing a software solution which will be used to design complex tunnel construction plans and processes with the possibility of quick changes as construction progresses and geology information is updated. In addition to improving data and information levels, the innovative algorithms for parametric disposition of tunnel elements along the tunnel route present the greatest advantage of this software over competitive solutions on the market.
Company: NEOMEDICA
Project name: NAISSA Immuno Assay Monotest
Town: Niš
Industry: Medical and therapeutical devices
Project value: EUR 363,717
IF participation: EUR 254,598
Project start: 15.10.2018.
Duration: 21 months
NeoMedica company from Niš offers a unique solution to significantly improve the classic method of conducting ELISA tests. NAISSA Immuno Assay Monotest enables the collection of all the required reagents to perform the test using only one vessel, which, in addition to significantly simplifying the process itself, eliminates oxidation or contamination of the contents. Additionally, it contributes to the reduction of waste materials.
Company: MTT AERO C&RT
Project name: Meterological Magnetron Based Radar Innovation
Town: Belgrade
Industry: Electronics
Project value: EUR 293,015
IF participation: EUR 204,990
Project start: 1.11.2018.
Duration: 18 months
MTT AERO C&RT is developing a new high-performance receiver and control unit with the aim of modernizing existing meteorological radar installations. With the help of innovative algorithms and new signal processing methodology, this solution will generate valuable cost savings for the customers and significantly prolong the lifespan of each radar.
Company: PHOTON OPTRONICS
Project name: 2.5D Ladar Device
Town: Niš
Industry: Electronics
Project value: EUR 365,240
IF participation: EUR 217,568
Project start: 1.11.2018.
Duration: 24 months
Photon Optronics is developing a new hardware-software system that will enable extracting of high quality images and spatial representations in heavy-duty atmospheric scattering conditions with reduced visibility (fog, smoke, snow, etc.) by using the pulsed laser technology. The system will find its primary application in firefighting, rescue missions in low visibility conditions, security systems and monitoring systems.
Company: COING
Project name: Clockify Glass
Town: Novi Sad
Industry: Software and application development
Project value: EUR 489,056
IF participation: EUR 300,000
Project start: 1.11.2018.
Duration: 24 months
Coing is developing a software solution that analyzes user activities in real time and categorizes them according to automation algorithms. Using the latest technologies in the field of neural networks, the software will offer a fully automated process for monitoring of activities and time tracking without additional input from the end-user.
Company: BIOUNIK
Project name: New Bioregulators Based on Autochtonous Bacteria for Thinning of Apple Fruits
Town: Belgrade
Industry: Food industry and agriculture
Project value: EUR 292,350
IF participation: EUR 204,645
Project start: 15.10.2018.
Duration: 21 months
Biounik is developing an innovative organic bioregulator for apple cultivation to improve the process of apple thinning. The aim of this project is to create two formulas, one containing auxin and one containing cytokinin, which will improve the yield of the first category fruits.
Company: PANONIT
Project name: CardioNS
Town: Novi Sad
Industry: Medical and terapeutic devices
Project value: EUR 223,580
IF participation: EUR 154,665
Project start: 1.11.2018.
Duration: 24 months
Panonit from Novi Sad is developing a new mobile, cost-effective, accurate and reliable ECG device for medical institutions and all individuals suffering from cardiovascular diseases. With just a few clicks, patients will be able to get a fully professional doctor consultation without the use of expensive medical devices.