Financed projects
On these pages, innovative projects funded by the Innovation Fund were presented.
Learn moreCompany: BSK
Project: Air Berry – Harvester
Project start: 01.02.2013
Duration: 24 months
Project budget: EUR 413,333
IF co-financing: EUR 286,440
Project manager: Marko Kokanović
BSK is a development and manufacturing company from Obrenovac which focuses on the design, manufacturing and sales of innovative products based on technologies in the field of hydrodynamics. One of its innovations is the Air Berry Harvester KOKAN 500S, intended for picking of raspberry, blackberry, blueberry and currant. The Air Berry Harvester is based on a unique and innovative technology of air-harvesting by blowing intermittent air pulses of controlled speed around fruitful branches. This ensures, in a natural way and without physical contact with and damage to the plant, that only technologically ripe fruit is picked.
Company: Ninox
Project name: Ninox
Town: Belgrade
Industry: Biotechnology and Bioengineering
Project value: EUR 810,400.00
IF participation: EUR 228,613.84
The Belgrade hardware startup with experience in the US is building an advanced model of glasses with automatically adjusting lenses, designed to help people with presbyopia. The product is based on the company's existing US patents and it is intended for the global market.
Company: Desing
Project: Innovative Fruit Preparations in the Pilot Aseptic Plant
Project start: 01.04.2013
Duration: 24 months
Project budget: EUR 276,649
IF co-financing: EUR 193,654
Project manager: Miodrag Tomić
Desing is a company based in Belgrade with production facilities in Knjaževac and over 20 years of experience in berry fruit processing. The company has established an aseptic pilot plant for the production of high-quality fruit preparations based on its new proprietary encapsulation technology. The process enables retention of water within the fruit during processing, thus resulting in better appearance, freshness, and taste of the final product. Dedicated to continuous product improvement, the company actively collaborates with the Faculty of Agriculture, Institute for Food Technology and Biochemistry in Belgrade and a number of international partners.
Company: Tim-Ing Centar
Project name: Development of the Next Generation CNC Bending Machines Controlled by 3D Cameras
Town: Kragujevac
Industry: Industrial machines
Project value: EUR 307,793.00
IF participation: EUR 211,893.00
The engineering team from the city of Kragujevac is focused on creating the next generation CNC bending machines powered by improved 3D camera technology. Besides the innovative features in the machine's design and electronics components, the customers will benefit from more sophisticated and efficient software solutions to ensure high precision bending.
Company: Duochem
Project: Ecologically Friendly Biocide
Project start: 01.02.2013
Duration: 24 months
Project budget: EUR 400,883
IF co-financing: EUR 274,191
Project manager: Suren Husinec
Duochem, with its headquarters in Belgrade and a production facility in Nova Pazova, has been successfully competing on the global biocide market for more than a decade. The new ecologically friendly biocide is designed to eliminate mosquito larvae by using a carefully selected carrier and an optimal mixture of acceptable chemicals, offering maximal efficacy with negligible impact on the environment. The company has active research collaborations with the Institute of Chemistry, Technology and Metallurgy, University of Belgrade, and Faculty of Agriculture, University of Novi Sad.
Company: NovelIC
Project name: AURORA 4.0 - Autonomous Robot Radars for Industry 4.0
Town: Belgrade
Industry: Radar, radio and wireless communication
Project value: EUR 415,040.00
IF participation: EUR 290,528.00
Building from their palette of high tech sensor products over the years, the Belgrade-based hardware company is developing advanced sensors for people detection and autonomous driving of industrial robots. These new sensors are offering significant cost optimization and will respond to some of the biggest challenges of industry 4.0.
Company: Tajfun HIL
Project: World’s First Renewable Energy Laboratory on the Web
Project start: 01.02.2013
Duration: 24 months
Project budget: EUR 391,964
IF co-financing: EUR 268,038
Project manager: Nikola Čelanović
Founded in Novi Sad, Tajfun HIL is a technology leader in the field of Test and Quality Assurance tools for power electronics software, with a vision to become a standard for computer aided design (CAD) in the field of power electronics in general. Tajfun HIL has developed a web accessible real-time power electronics laboratory. Laboratory and its products and services will be offered to users on the pay-per-use basis. Tajfun HIL active collaborations include the Faculty of Technical Sciences in Novi Sad and Massachusetts Institute of Technology in Cambridge, MA (USA).
Company: Zanus
Project name: Intelligent broadcast robots
Town: Valjevo
Industry: Robotics
Project value: EUR 459,944.00
IF participation: EUR 275,000.00
This young and enthusiastic team of robotics and hardware engineers from Valjevo is building a cutting-edge robotic broadcast system for autonomous video production operations. The solution is intended for studios and production companies and can cover various types of content, including high level sports events. zanustechnology.com
Company: Vizus
Project: Passive House Standardized Window and Door System AT-135
Project start: 01.02.2013
Duration: 18 months
Project budget: EUR 375,315
IF co-financing: EUR 262,720
Project manager: Milena Grozdanović
Company Vizus from Niš is a producer of aluminum and aluminum-wood windows and doors. The company offers an innovative solution for manufacturing of high-efficiency window and door frames for passive construction with a low coefficient of thermal conductivity, increased durability, higher resistance to penetration of water and air, and increased stability.
Company: Suncokret
Project name: Research & Development of Functional Gluten-free Crackers
Town: Hajdukovo, Subotica
Industry: Food and health and functional food
Project value: EUR 158,760.00
IF participation: EUR 109,260.00
The functional and healthy food production company from Hajdukovo is producing a new-formula, organic, vegan and gluten-free crackers. This protein-enriched product is suitable for people that require high quality functional food and healthy diets.
Company: AlfaNum
Project: World-Class Speech Technologies for South Slavic Languages
Project start: 01.09.2013
Duration: 24 months
Project budget: EUR 421,200
IF co-financing: EUR 293,200
Project manager: Darko Pekar
The ICT company from Novi Sad is presenting new technologies of automatic speech recognition and synthesis for South Slavic languages. Throughout the latest project they have significantly upgraded the quality and functionality of developed speech technologies, enabling their commercialization within a much wider array of innovative products and attractive services. These will include interactive voice response systems, intelligent call centers, systems for text dictation and automatic transcription of recorded speech, as well as a number of aids for people with disability.
Company: Ars Embedded Systems
Project Name: ExtremeMotion
Town: Novi Sad
Industry: Internet of Things
Project value: EUR 311,575.40
IF participation: EUR 208,755.52
The Novi Sad enterprise is developing a new motion-sensing device and platform for application in action sports. The platform includes an Artificial Inteligence-powered library for motion and gesture recognition and analytics.
Company: Milinković Company
Project: Improvement of MC System
Project start: 01.09.2013
Duration: 24 months
Project budget: EUR 285,400
IF co-financing: EUR 199,774
Project manager: Milenko Milinković
The Belgrade based “Milinković Company” has developed an improved integrated system of construction, using prefabricated building blocks (“big bricks”) in order to construct multipurpose halls of various dimensions. Their solution represents a quick and simple way of construction of long-lasting, durable objects, and results in energy efficient objects of high quality, which are simultaneously resistant to storm winds, fire and earthquakes. The system also provides significant savings during the exploitation phase in terms of reducing the energy consumption on annual basis.
Company: Digital Mind
Project Name: Vr-All-Art
Town: Belgrade
Industry: Software and Application Development (Web and Mobile)
Project value: EUR 382,420.00
IF participation: EUR 217,864.67
The IT company from Belgrade with presence in Switzerland is developing a premium platform for online art showcasing and trading. This new virtual reality-based platform will provide an integrated and widely available digital marketplace for galleries, artists, collectors and museums to showcase, buy and sell art.
Company: Morena Inženjering
Project: Cassius – Tennis Clay Court Robot
Project start: 01.09.2013
Duration: 12 months
Project budget: EUR 188,600
IF co-financing: EUR 129,100
Project manager: Nikola Petrović
Operating in the fields of robotics and ICT, the Morena Inženjering company from Niš developed a “smart” robot for efficient and safe cleaning of clay-surface tennis courts. Using complex orientation algorithms, a modular design and new technologies from the segment of smart electronics, Cassius finds its way around the court easily and with precision, responds to commands and tasks, and is also very practical to maintain and service.
Company: Crater Studio
Project name: Virtual studio for mixed-reality content (VISMIC)
Town: Belgrade
Industry: Video Data Analysis
Project value: EUR 550,876.00
IF participation: EUR 297,087.43
This VFX-specialized company from Belgrade is creating a virtual studio for preproduction of storyboarding and visual effects in filmmaking. By allowing for comprehensive pre-visualization of future visual effects and scene setups, this solution is very cost-and-time-effective and particularly suitable for medium-level budget movies.
Company: Sentronis
Project: Development and Commercialization of Clip-Around DC/AC Current Transducers
Project start: 01.09.2013.
Duration: 24 months
Project budget: EUR 418,440
IF co-financing: EUR 248,940
Project manager: Saša Dimitrijević
Sentronis AD is offering a new range of high precision current transducers that will be used for AC and DC current testing and measurement. The device is designed as a clip-around-cable type, allowing for measurement to take place without cable disconnection. Precision superior to the current industrial standard is achieved through a new device structure and an advanced magnetic field sensor, as well as a new technique of transducers linearization.
Company: Phytonet
Project name: Novel Solution for Effective Oral Candidiasis Treatment
Town: Belgrade
Industry: Food supplements
Project value: EUR 300,520.00
IF participation: EUR 210,362.00
Using their knowledge in creating multifunctional food products and supplements, Phytonet has set out to produce a new product based on maqui berry that will be used for candidiasis prevention and eradication. The formula will significantly improve the therapeutic efficacy of oral antifungal drugs and decrease relapses, while also acting as a prevention agent in cases where oral candidiasis is likely to develop.
Company: Techno Foam
Project: Automatic Sponge Cutting and Packing Machine
Project start: 01.09.2013
Duration: 24 months
Project budget: EUR 430,000
IF co-financing: EUR 300,000
Project manager: Radomir Savinović
Coming from Stari Banovci and operating in the machine industry – developing specialized machines for the needs of companies dealing in sponge production – Techno Foam has designed and developed a new machine for cutting, profiling and packaging of sponges. The new solution offers a completely automated unit that effectively replaces four different machines, generates savings in terms of energy and manpower needed to operate the line, and enables a significantly higher production capacity due to the machine’s minimum downtime.
Company: Euro Heat
Project name: Waste Gas Innovative Economizer
Town: Kragujevac
Industry: Heating and cooling technologies and heat transfer
Project value: EUR 406,840.00
IF participation: EUR 280,882.34
This Kragujevac manufacturing company is developing a new model of economizer for gas application with significantly improved performance and efficiency. The novel geometry of the product will generate optimizations in size and provide better heat exchange characteristics, along with better reutilization of waste gases which will improve the circular economy model.
Company: Stan Technologies
Project: High Speed Compact Size System for Filling and Sealing Yogurt in Preformed Cups
Project start: 01.07.2014.
Duration: 24 months
Project budget: EUR 453.790
IF co-financing: EUR 292.890
Project manager: Nebojša Rajić
Specialized in development and production of prototype machines in food and packaging industry, the Belgrade-based company “Stan Technologies” is creating a new compact system for filling and sealing yogurt in preformed cups. The innovative machine will have a high output, very accurate dosing and a competitive market price. It is designed for medium size and high capacity dairies which require compact and efficient solutions. “Stan Technologies” plans to exhibit the machine on premium international fairs and then sell it through their distributor network in various global markets – from the region, across the former USSR and the Middle East, to the US market.
Company: Techno Naiss Group
Project: X-ray Collimator with Automatic Filter Replacement
Project start: 01.07.2014.
Duration: 24 months
Project budget: EUR 371.195
IF co-financing: EUR 259.595
Project manager: Nikola Drezgić
Coming from the city of Niš, “Techno Naiss Group” has developed a new model of x-ray collimator with a durable, affordable and modular mechanism for automatic filter replacement. The effective electromechanical solution behind the new filter replacement mechanism is eliminating the need for manual operators handling filter changing. Furthermore, it is possible to apply the filter replacement system to other existing types of collimators, adding to the product’s versatility.
Company: NETSET GLOBAL SOLUTIONS
Project: Cloud-based Digital Citizen Identity
City: Belgrade
Sector: ICT
Project budget: EUR 176.255
IF participation: EUR 120.360
Project start: 01.03.2018.
Duration: 24 months
The project pertains to the development of an IT solution that enables citizens to quickly exchange digitally signed documents with various e-Government services and businesses, and authenticate to online web portals in a secure and easy-to-use manner. The core advantage of this innovation is the highly secure verification process, which uses cutting edge software encryption technology to keep citizen information private and protected.
Company: LIMUNDOGRAD
Project: PRUNO – Fraud Detection Tool
City: Belgrade
Sector: Software and application development
Project budget: EUR 240.083
IF participation: EUR 167.517
Project start: 01.03.2018.
Duration: 24 months
This popular ICT company is developing a highly automated digital tool for detection and prevention of frauds in e-commerce, based on fraudulent behavior monitoring and device fingerprinting. This tool will find its application in many e-commerce environments which are not dominated by credit card online payments and still rely on pay-on-delivery.
Company: UNIPLAST
Project: Development of Active Pharmaceutical Packaging
City: Čačak
Sector: New materials and nano-technologies
Project budget: EUR 427.087
IF participation: EUR 298.937
Project start: 01.02.2018.
Duration: 24 months
Uniplast’s project revolves around the development of antimicrobial active pharmaceutical and cosmetic packaging based on silver-zeolite and polyethylene. This innovative packaging will help control microbial contamination, improve preservation and extend a product’s shelf life, and is especially useful for protecting substances which require extended transport and have long storage periods.
Company: HARDER DIGITAL SOVA
Project: Intensified Day/Night Digital Camera with Image Enhancement
City: Niš
Sector: Electrical engineering
Project budget: EUR 285.864
IF participation: EUR 171.518
Project start: 01.03.2018.
Duration: 18 months
The project pertains to the development of a new type of state-of-the-art day/night ICCD camera unit with automatic image enhancement, high resolution and noise reduction. This product has a broad range of applications, but is primarily focused on protection and surveillance for high risk hot spots and the military market. The technology can also serve the civilian sector in the domain of hunting, underwater observation, fluorescent microscopy and robot guidance.
Company: INGSOFTWARE
Project: FamilyPay
City: Niš
Sector: Software and application development
Project budget: EUR 346.625
IF participation: EUR 241.099
Project start: 01.02.2018.
Duration: 24 months
INGSoftware from Niš is creating a complete digital solution to help separated parents manage sharing time with their children and handle all corresponding legal and financial obligations. The solution will consist of a web platform, a mobile app and supporting services which will connect financial technology, family law and social issues.
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.
Company: FABRIKA POLJOPRIVREDNE MEHANIZACIJE AGROMEHANIKA
Project name: WIDE AREA ROTARY DISC MOWER DKF 320/8
Town: Boljevac
Industry: Machines and mechanical engineering
Project value: EUR 508,000
IF participation: EUR 300,000
The company from Boljevac is developing a new type of rotary disc mower with improved reliability, resistance and service life, designed for professional farmers.
Company: Biogranum
Project name: 2S CEREALS
Town: Novi Sad
Industry: Agroindustry/Agriculture
Project value: EUR 341,800
IF participation: EUR 227,800
Biogranum company from Novi Sad is creating a brand new type of 2S-two-season varieties of small grains with high yields and outstanding quality, for which sowing is possible from October to March of the following calendar year
Company: Tetragon
Project name: Novel industrial adhesive with enhanced running stability, cleanability and machine running characteristic
Town: Čačak
Industry: Energy and energy efficiency
Project value: EUR 349,830.90
IF participation: EUR 244,750.90
Company Tetragon is developing Industrial water-borne adhesive with enhanced stability and cleanability, designed for digital pasting and paper converting.
Company: RKS-KOMPOZITI ČELAREVO
Project name: Improving Polymer Waste Recycling Process
Town: Bačka Palanka
Industry: Environmental science
Project value: EUR 563,410
IF participation: EUR 299,910
New technology for production of polypropylene and polyethylene polymeric blends from waste materials and additives.
Company: DataDO 4U
Project name: Shopper Centric Assortment Optimizaton
Town: Belgrade
Industry: ICT
Project value: EUR 399,234
IF participation: EUR 279,463.80
A tool for all space-constrained retailers to boost growth by increasing relevance to shoppers via optimal assortment strategy.
Company: EUROICC
Project name: BabyBip – mobile fetal well-being monitor
Town: Belgrade
Industry: Medical Technology
Project value: EUR 416,420
IF participation: EUR 288,420
A mobile, ECG signal-based alternative to Cardiotocograph (CTG) that will enable expecting mothers to assess the baby’s wellbeing at home at any time.
Company: NO Solutions Development
Project name: EDU SOUND
Town: Novi Sad
Industry: ICT
Project value: EUR 390,430
IF participation: EUR 272,730
Company NO Solutions Development is developing an E-learning 3D platform connecting rich medical, institutional and clinical practices with theoretical knowledge to make medicine workers more productive.
Company: Bitgear Wireless Design Services
Project name: Plant-O-Meter
Town: Belgrade
Industry: Electrical engineering
Project value: EUR 430,580
IF participation: EUR 299,880
Bitgear Wireless Design Services from Belgrade is developing a portable device for measuring plant health status, accompanied by decision-support software, for allowing farmers to make smarter decisions and cut costs.
Company: Crowded Room Studio llc
Project name: Zeus & Zeus Internal Graphic Library
Town: Novi Sad
Industry: ICT
Project value: EUR 507,313.30
IF participation: EUR 293,560.02
Web application designed for graphical construction and representation of the energy and industrial networks, and calculation of electrical energy generation, transmission and distribution.
Company: Tajfun HIL
Project name: Universal Energy Gateway Operating System
Town: Novi Sad
Industry: ICT
Project value: EUR 772,600
IF participation: EUR 292,600
A brand new operating system for monitoring and controlling smart energy devices and appliances regardless of the communication protocol they are using.
Company: Infostud 3
Project name: Recommendation system
Town: Subotica
Industry: ICT
Project value: EUR 261,682
IF participation: EUR 157,009.29
Infostud 3 is developing a Hybrid recommender system for classifieds websites, combining collaborative filtering and content filtering based on both structured data and unstructured text.
Company: City Expert Global
Project name: Zwelo - Property Management App
Town: Belgrade
Industry: ICT
Project value: EUR 779,300
IF participation: EUR 299,300
Digital solution for landlords and property owners to completely manage their property rentals and relationship with tenants.
Company: Simula
Project name: AI Parking Platform
Town: Novi Sad
Industry: ICT
Project value: EUR 420,672
IF participation: EUR 293,941.06
The company Simula from Novi Sad is developing a mobile device parking management platform, solving the problem of extensive inner-city traffic by discovering free parking zone heat maps and route planning.
Company: Case3D
Project name: Property Navigator Platform
Town: Novi Sad
Industry: ICT
Project value: EUR 295,671.30
IF participation: EUR 177,402.78
Solution for online interactive presentation of future real estate developments that will accelerate the purchase decision process through more complete information.
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.
Company: Belit
Project name: Belit Smart Ready
Town: Belgrade
Industry: Energy and energy efficiency
Project value: EUR 428,685
IF participation: EUR 300,000
Belit Smart Ready is an innovative software tool that offers building owners and managers a precise, easy, and time-efficient way to assess, maintain, and improve the overall efficiency of their properties according to the latest Smart Readiness Indicators (SRI) method.
Company: EKOSAN
Project name: Brodisan D - next generation rodenticide
Town: Belgrade
Industry: Veterinary medicine
Project value: EUR 430,000
IF participation: EUR 300,000
Next generation difenacoum-based rodenticide with superior efficacy versus all types of rodents, offering drastically lower human health toxicity and lower environmental waste.
Company: Softech Solutions
Project name: Brand Care
Town: Belgrade
Industry: ICT
Project value: EUR 429,060
IF participation: EUR 300,000
BRAND CARE is a software solution that turns each offline purchase into a future digital contact point with the client as the base of all post-sales activities.
Company: ARTECH INŽENJERING DOO BEOGRAD
Project name: lightweight longspan hybrid hall
Town: Belgrade
Industry: Civil engineering and construction materials
Project value: EUR 420,600
IF participation: EUR 290,069
Development of the new hybrid technology in the construction of the long span structures, as more efficient in terms of material, time and construction costs, comparing to present technologies.
Company: EKO FUTURA
Project name: All-in-one Fortified Plant Hydrogel
Town: Belgrade
Industry: Agriculture
Project value: EUR 428,818
IF participation: EUR 300,000
Production of the first hydrogel for agriculture and gardening that will not only retain water and hydrate the plant over time, but also gradually release nutrients and protect the plant from pests.
Company: MODEL 5
Project name: INNOVATIVE SIGNAL SMART TRAILER - ISST
Town: Belgrade
Industry: Civil engineering and construction materials
Project value: EUR 390,100
IF participation: EUR 272,627
Development of innovative multifunctional smart signal trailer solar-powered, technically and technologically harmonized with the requirements of users (road economy) for improved functionality and applicability, higher use value for greater traffic safety.
Company: ELEKTRON DTM
Project name: Innovative production of bio-organic erythritol
Town: Trstenik
Industry: New food technologies
Project value: EUR 413,400
IF participation: EUR 289,380
Using the innovative technology and specific yeast strains to produce organic erythritol, produce both crystal and powdered erythritol during the same process and ensure a significantly higher fermentation yield rate.
Company: Majkić
Project name: Water Hydrant CAPX-Lock
Town: Inđija
Industry: New industrial design
Project value: EUR 339,560
IF participation: EUR 237,690
Mechanical protection for both surface and underground hydrants in a form of a mountable hydrant cap with an x-center locking system.
Company: PULSEC
Project name: Pulsoc OCTOPUS - cutting edge cybersecurity tool for top quality SOC protection
Town: Belgrade
Industry: Digital Security
Project value: EUR 477,000
IF participation: EUR 291,208
Pulsec is building the next stage in top quality cybersecurity as a service (CaaS) space with our OCTOPUS tool - rapid, transparent and super-effective software for monitoring cybersec performance in SMEs and corporates.
Company: AVControl
Project: iSell - ultimate sales performance BI tool
Town: Belgrade
Sector: Software as a service
Project budget: EUR 429,300
IF participation: EUR 299,993
iSell is a fully customizable BI SaaS tool which enables a brand manufacturer or a distributor's top management to have detailed and timely insight into its sales performance, manage and optimize stock and minimize lost revenue, improve efficiency in decision-making and boost end customer satisfaction.
Company: FRIGO ŽIKA
Project: Bora Bora Plug-in SC RDC
Town: Ruma
Sector: Heating and cooling technologies and heat transfer
Project budget: EUR 471,556
IF participation: EUR 282,933
Bora Bora plug-in SC vertical cooling refrigerated display cabinet (RDC) with self-cleaning condensation unit is the latest, self-cleaning RDC with increased electrical efficiency, longer lifetime, and suitable for easy installation.
Company: EUROINOX
Project: Tactile Pro
Town: Paracin
Sector: Machine Learning
Project budget: EUR 416,490
IF participation: EUR 291,002
Tactile Pro is a tactile marking drilling machine for all substrates designed to drill holes for tactile markings while reducing time, labor force, material resources and costs.
Company: VV PROING
Project: Power Plant control platform "VDi40"
Town: Belgrade
Sector: Internet of things
Project budget: EUR 430,400
IF participation: EUR 300,000
VDi40 is an innovative software platform that provides digital transformation for various kind of renewable powerplants, and enable powerplant owners and managers real-time portfolio-level assessment, tracking, and monitoring options for all their energy-producing objects.
Company: TEHNOMATIK 1995
Project: Circulation Mixer for Coffee Preheating
Town: Vrnjačka Banja
Sector: Heating and cooling technologies and heat transfer
Project budget: EUR 417,717
IF participation: EUR 292,403
Coffee preheating systems, aimed for the industrial production, that provides significantly more efficient roasting process with easily achieved ROI.
Company: EXTRA FARM
Project: Innovative production of swine feed with wheat and barley sprouts
Town: Srbobran
Sector: New food technologies
Project budget: EUR 452,206
IF participation: EUR 300,000
Production of innovative swine feed out of sprouted wheat and barley with high nutrition and enhanced health standards providing a balanced diet for fattening pigs.
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.
Company: Less is More
Project name: LodgixPro
Town: Belgrade
Industry: Internet of Things
Project value: EUR 697,350
IF participation: EUR 487,935
LodgixPro is the first stand-alone remote property self-service access management solution for micro and small short-term rental property owners. LodgixPro solves many challenges owners face managing their accommodation units, such as: reception cost, late arrivals, simultaneous arrivals, charging, lost or misused keys/cards, maintenance schedules, etc. Most of actions, solving existing challenges, will be automated or easily managed through provided application and 24/7 support.
Company: SUN & DUN.A.V.
Project name: FPC-P 1 Forming Packing Closing Machine
Town: Stara Pazova, Novi Banovci
Industry: Robotics
Project value: EUR 818,300
IF participation: EUR 488,197
The development of the FPC-P 1 Forming Packing Closing Machine by integrating cutting-edge technology, modular design, and innovative automation for versatile and efficient packing solutions.
Company: GREEN DECOR
Project name: BiomeRoof
Town: Belgrade
Industry: Urban city development
Project value: EUR 584,742
IF participation: EUR 409,317
The BiomeRoof project aims to introduce an innovative modular green roof system, addressing urban heat island effects, reducing stormwater runoff, and promoting biodiversity in urban environments and thus to revolutionize urban spaces by offering a sustainable and accessible solution.
Company: PRIVREDNO DRUŠTVO ZA TRGOVINU I USLUGE MONDOLUKA PLUS
Project name: MondoNav
Town: Belgrade
Industry: Software and application development
Project value: EUR 698,100
IF participation: EUR 488,250
MondoNav is an innovative platform tailored for inland water freight companies, utilizing technology to deliver integrated navigation, fleet management, and cargo brokerage features, aimed at significantly enhancing operational efficiency and optimizing business processes.
Company: Netico Solutions
Project name: Netico TMS - Transformer Management System
Town: Nis
Industry: Power Systems and Grids
Project value: EUR 749,796
IF participation: EUR 491,911
Modular IOT system for continuous monitoring of power transformers. Autonomous IOT system which seamlessly integrates into and measures the health of existing transformer infrastructure.
Company: Expert Bex Group
Project name: PROEE 100 Real-Time Production Planning Software
Town: Belgrade
Industry: Software as a Service
Project value: EUR 714,600
IF participation: EUR 500,000
PROEE 100 will be an advanced AI-driven software solution crafted to modernize production planning for demand-driven industries. By utilizing reinforced learning algorithms, PROEE 100 will enable the manufacturers to overcome production challenges like unexpected shifts in demand, machine malfunctions, supply chain disruptions force constant, time-consuming replanning that leads to production delays, missed deadlines, and an inability to capitalize on new opportunities with ease and efficiency.
Company: PREDUZEĆE ZA PROIZVODNJU, TRGOVINU I USLUGE SIGOC- SRPSKA INTERNACIONALNA GRUPA CO
Project name: Production of Innovative Modular Green Wall POS Displays and Planter Boxes
Town: Šimanovci
Industry: New industrial design
Project value: EUR 836,000
IF participation: EUR 500,000
Development of an automated production line for innovative modular green wall POS displays and modular planter boxes.
Company: BSK
Project: Air Berry – Harvester
Project start: 01.02.2013
Duration: 24 months
Project budget: EUR 413,333
IF co-financing: EUR 286,440
Project manager: Marko Kokanović
BSK is a development and manufacturing company from Obrenovac which focuses on the design, manufacturing and sales of innovative products based on technologies in the field of hydrodynamics. One of its innovations is the Air Berry Harvester KOKAN 500S, intended for picking of raspberry, blackberry, blueberry and currant. The Air Berry Harvester is based on a unique and innovative technology of air-harvesting by blowing intermittent air pulses of controlled speed around fruitful branches. This ensures, in a natural way and without physical contact with and damage to the plant, that only technologically ripe fruit is picked.
Company: Ninox
Project name: Ninox
Town: Belgrade
Industry: Biotechnology and Bioengineering
Project value: EUR 810,400.00
IF participation: EUR 228,613.84
The Belgrade hardware startup with experience in the US is building an advanced model of glasses with automatically adjusting lenses, designed to help people with presbyopia. The product is based on the company's existing US patents and it is intended for the global market.
Company: Desing
Project: Innovative Fruit Preparations in the Pilot Aseptic Plant
Project start: 01.04.2013
Duration: 24 months
Project budget: EUR 276,649
IF co-financing: EUR 193,654
Project manager: Miodrag Tomić
Desing is a company based in Belgrade with production facilities in Knjaževac and over 20 years of experience in berry fruit processing. The company has established an aseptic pilot plant for the production of high-quality fruit preparations based on its new proprietary encapsulation technology. The process enables retention of water within the fruit during processing, thus resulting in better appearance, freshness, and taste of the final product. Dedicated to continuous product improvement, the company actively collaborates with the Faculty of Agriculture, Institute for Food Technology and Biochemistry in Belgrade and a number of international partners.
Company: Tim-Ing Centar
Project name: Development of the Next Generation CNC Bending Machines Controlled by 3D Cameras
Town: Kragujevac
Industry: Industrial machines
Project value: EUR 307,793.00
IF participation: EUR 211,893.00
The engineering team from the city of Kragujevac is focused on creating the next generation CNC bending machines powered by improved 3D camera technology. Besides the innovative features in the machine's design and electronics components, the customers will benefit from more sophisticated and efficient software solutions to ensure high precision bending.
Company: Duochem
Project: Ecologically Friendly Biocide
Project start: 01.02.2013
Duration: 24 months
Project budget: EUR 400,883
IF co-financing: EUR 274,191
Project manager: Suren Husinec
Duochem, with its headquarters in Belgrade and a production facility in Nova Pazova, has been successfully competing on the global biocide market for more than a decade. The new ecologically friendly biocide is designed to eliminate mosquito larvae by using a carefully selected carrier and an optimal mixture of acceptable chemicals, offering maximal efficacy with negligible impact on the environment. The company has active research collaborations with the Institute of Chemistry, Technology and Metallurgy, University of Belgrade, and Faculty of Agriculture, University of Novi Sad.
Company: NovelIC
Project name: AURORA 4.0 - Autonomous Robot Radars for Industry 4.0
Town: Belgrade
Industry: Radar, radio and wireless communication
Project value: EUR 415,040.00
IF participation: EUR 290,528.00
Building from their palette of high tech sensor products over the years, the Belgrade-based hardware company is developing advanced sensors for people detection and autonomous driving of industrial robots. These new sensors are offering significant cost optimization and will respond to some of the biggest challenges of industry 4.0.
Company: Tajfun HIL
Project: World’s First Renewable Energy Laboratory on the Web
Project start: 01.02.2013
Duration: 24 months
Project budget: EUR 391,964
IF co-financing: EUR 268,038
Project manager: Nikola Čelanović
Founded in Novi Sad, Tajfun HIL is a technology leader in the field of Test and Quality Assurance tools for power electronics software, with a vision to become a standard for computer aided design (CAD) in the field of power electronics in general. Tajfun HIL has developed a web accessible real-time power electronics laboratory. Laboratory and its products and services will be offered to users on the pay-per-use basis. Tajfun HIL active collaborations include the Faculty of Technical Sciences in Novi Sad and Massachusetts Institute of Technology in Cambridge, MA (USA).
Company: Zanus
Project name: Intelligent broadcast robots
Town: Valjevo
Industry: Robotics
Project value: EUR 459,944.00
IF participation: EUR 275,000.00
This young and enthusiastic team of robotics and hardware engineers from Valjevo is building a cutting-edge robotic broadcast system for autonomous video production operations. The solution is intended for studios and production companies and can cover various types of content, including high level sports events. zanustechnology.com
Company: Vizus
Project: Passive House Standardized Window and Door System AT-135
Project start: 01.02.2013
Duration: 18 months
Project budget: EUR 375,315
IF co-financing: EUR 262,720
Project manager: Milena Grozdanović
Company Vizus from Niš is a producer of aluminum and aluminum-wood windows and doors. The company offers an innovative solution for manufacturing of high-efficiency window and door frames for passive construction with a low coefficient of thermal conductivity, increased durability, higher resistance to penetration of water and air, and increased stability.
Company: Suncokret
Project name: Research & Development of Functional Gluten-free Crackers
Town: Hajdukovo, Subotica
Industry: Food and health and functional food
Project value: EUR 158,760.00
IF participation: EUR 109,260.00
The functional and healthy food production company from Hajdukovo is producing a new-formula, organic, vegan and gluten-free crackers. This protein-enriched product is suitable for people that require high quality functional food and healthy diets.
Company: AlfaNum
Project: World-Class Speech Technologies for South Slavic Languages
Project start: 01.09.2013
Duration: 24 months
Project budget: EUR 421,200
IF co-financing: EUR 293,200
Project manager: Darko Pekar
The ICT company from Novi Sad is presenting new technologies of automatic speech recognition and synthesis for South Slavic languages. Throughout the latest project they have significantly upgraded the quality and functionality of developed speech technologies, enabling their commercialization within a much wider array of innovative products and attractive services. These will include interactive voice response systems, intelligent call centers, systems for text dictation and automatic transcription of recorded speech, as well as a number of aids for people with disability.
Company: Ars Embedded Systems
Project Name: ExtremeMotion
Town: Novi Sad
Industry: Internet of Things
Project value: EUR 311,575.40
IF participation: EUR 208,755.52
The Novi Sad enterprise is developing a new motion-sensing device and platform for application in action sports. The platform includes an Artificial Inteligence-powered library for motion and gesture recognition and analytics.
Company: Milinković Company
Project: Improvement of MC System
Project start: 01.09.2013
Duration: 24 months
Project budget: EUR 285,400
IF co-financing: EUR 199,774
Project manager: Milenko Milinković
The Belgrade based “Milinković Company” has developed an improved integrated system of construction, using prefabricated building blocks (“big bricks”) in order to construct multipurpose halls of various dimensions. Their solution represents a quick and simple way of construction of long-lasting, durable objects, and results in energy efficient objects of high quality, which are simultaneously resistant to storm winds, fire and earthquakes. The system also provides significant savings during the exploitation phase in terms of reducing the energy consumption on annual basis.
Company: Digital Mind
Project Name: Vr-All-Art
Town: Belgrade
Industry: Software and Application Development (Web and Mobile)
Project value: EUR 382,420.00
IF participation: EUR 217,864.67
The IT company from Belgrade with presence in Switzerland is developing a premium platform for online art showcasing and trading. This new virtual reality-based platform will provide an integrated and widely available digital marketplace for galleries, artists, collectors and museums to showcase, buy and sell art.
Company: Morena Inženjering
Project: Cassius – Tennis Clay Court Robot
Project start: 01.09.2013
Duration: 12 months
Project budget: EUR 188,600
IF co-financing: EUR 129,100
Project manager: Nikola Petrović
Operating in the fields of robotics and ICT, the Morena Inženjering company from Niš developed a “smart” robot for efficient and safe cleaning of clay-surface tennis courts. Using complex orientation algorithms, a modular design and new technologies from the segment of smart electronics, Cassius finds its way around the court easily and with precision, responds to commands and tasks, and is also very practical to maintain and service.
Company: Crater Studio
Project name: Virtual studio for mixed-reality content (VISMIC)
Town: Belgrade
Industry: Video Data Analysis
Project value: EUR 550,876.00
IF participation: EUR 297,087.43
This VFX-specialized company from Belgrade is creating a virtual studio for preproduction of storyboarding and visual effects in filmmaking. By allowing for comprehensive pre-visualization of future visual effects and scene setups, this solution is very cost-and-time-effective and particularly suitable for medium-level budget movies.
Company: Sentronis
Project: Development and Commercialization of Clip-Around DC/AC Current Transducers
Project start: 01.09.2013.
Duration: 24 months
Project budget: EUR 418,440
IF co-financing: EUR 248,940
Project manager: Saša Dimitrijević
Sentronis AD is offering a new range of high precision current transducers that will be used for AC and DC current testing and measurement. The device is designed as a clip-around-cable type, allowing for measurement to take place without cable disconnection. Precision superior to the current industrial standard is achieved through a new device structure and an advanced magnetic field sensor, as well as a new technique of transducers linearization.
Company: Phytonet
Project name: Novel Solution for Effective Oral Candidiasis Treatment
Town: Belgrade
Industry: Food supplements
Project value: EUR 300,520.00
IF participation: EUR 210,362.00
Using their knowledge in creating multifunctional food products and supplements, Phytonet has set out to produce a new product based on maqui berry that will be used for candidiasis prevention and eradication. The formula will significantly improve the therapeutic efficacy of oral antifungal drugs and decrease relapses, while also acting as a prevention agent in cases where oral candidiasis is likely to develop.
Company: Techno Foam
Project: Automatic Sponge Cutting and Packing Machine
Project start: 01.09.2013
Duration: 24 months
Project budget: EUR 430,000
IF co-financing: EUR 300,000
Project manager: Radomir Savinović
Coming from Stari Banovci and operating in the machine industry – developing specialized machines for the needs of companies dealing in sponge production – Techno Foam has designed and developed a new machine for cutting, profiling and packaging of sponges. The new solution offers a completely automated unit that effectively replaces four different machines, generates savings in terms of energy and manpower needed to operate the line, and enables a significantly higher production capacity due to the machine’s minimum downtime.
Company: Euro Heat
Project name: Waste Gas Innovative Economizer
Town: Kragujevac
Industry: Heating and cooling technologies and heat transfer
Project value: EUR 406,840.00
IF participation: EUR 280,882.34
This Kragujevac manufacturing company is developing a new model of economizer for gas application with significantly improved performance and efficiency. The novel geometry of the product will generate optimizations in size and provide better heat exchange characteristics, along with better reutilization of waste gases which will improve the circular economy model.
Company: Stan Technologies
Project: High Speed Compact Size System for Filling and Sealing Yogurt in Preformed Cups
Project start: 01.07.2014.
Duration: 24 months
Project budget: EUR 453.790
IF co-financing: EUR 292.890
Project manager: Nebojša Rajić
Specialized in development and production of prototype machines in food and packaging industry, the Belgrade-based company “Stan Technologies” is creating a new compact system for filling and sealing yogurt in preformed cups. The innovative machine will have a high output, very accurate dosing and a competitive market price. It is designed for medium size and high capacity dairies which require compact and efficient solutions. “Stan Technologies” plans to exhibit the machine on premium international fairs and then sell it through their distributor network in various global markets – from the region, across the former USSR and the Middle East, to the US market.
Company: Techno Naiss Group
Project: X-ray Collimator with Automatic Filter Replacement
Project start: 01.07.2014.
Duration: 24 months
Project budget: EUR 371.195
IF co-financing: EUR 259.595
Project manager: Nikola Drezgić
Coming from the city of Niš, “Techno Naiss Group” has developed a new model of x-ray collimator with a durable, affordable and modular mechanism for automatic filter replacement. The effective electromechanical solution behind the new filter replacement mechanism is eliminating the need for manual operators handling filter changing. Furthermore, it is possible to apply the filter replacement system to other existing types of collimators, adding to the product’s versatility.
Company: NETSET GLOBAL SOLUTIONS
Project: Cloud-based Digital Citizen Identity
City: Belgrade
Sector: ICT
Project budget: EUR 176.255
IF participation: EUR 120.360
Project start: 01.03.2018.
Duration: 24 months
The project pertains to the development of an IT solution that enables citizens to quickly exchange digitally signed documents with various e-Government services and businesses, and authenticate to online web portals in a secure and easy-to-use manner. The core advantage of this innovation is the highly secure verification process, which uses cutting edge software encryption technology to keep citizen information private and protected.
Company: LIMUNDOGRAD
Project: PRUNO – Fraud Detection Tool
City: Belgrade
Sector: Software and application development
Project budget: EUR 240.083
IF participation: EUR 167.517
Project start: 01.03.2018.
Duration: 24 months
This popular ICT company is developing a highly automated digital tool for detection and prevention of frauds in e-commerce, based on fraudulent behavior monitoring and device fingerprinting. This tool will find its application in many e-commerce environments which are not dominated by credit card online payments and still rely on pay-on-delivery.
Company: UNIPLAST
Project: Development of Active Pharmaceutical Packaging
City: Čačak
Sector: New materials and nano-technologies
Project budget: EUR 427.087
IF participation: EUR 298.937
Project start: 01.02.2018.
Duration: 24 months
Uniplast’s project revolves around the development of antimicrobial active pharmaceutical and cosmetic packaging based on silver-zeolite and polyethylene. This innovative packaging will help control microbial contamination, improve preservation and extend a product’s shelf life, and is especially useful for protecting substances which require extended transport and have long storage periods.
Company: HARDER DIGITAL SOVA
Project: Intensified Day/Night Digital Camera with Image Enhancement
City: Niš
Sector: Electrical engineering
Project budget: EUR 285.864
IF participation: EUR 171.518
Project start: 01.03.2018.
Duration: 18 months
The project pertains to the development of a new type of state-of-the-art day/night ICCD camera unit with automatic image enhancement, high resolution and noise reduction. This product has a broad range of applications, but is primarily focused on protection and surveillance for high risk hot spots and the military market. The technology can also serve the civilian sector in the domain of hunting, underwater observation, fluorescent microscopy and robot guidance.
Company: INGSOFTWARE
Project: FamilyPay
City: Niš
Sector: Software and application development
Project budget: EUR 346.625
IF participation: EUR 241.099
Project start: 01.02.2018.
Duration: 24 months
INGSoftware from Niš is creating a complete digital solution to help separated parents manage sharing time with their children and handle all corresponding legal and financial obligations. The solution will consist of a web platform, a mobile app and supporting services which will connect financial technology, family law and social issues.
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.
Company: FABRIKA POLJOPRIVREDNE MEHANIZACIJE AGROMEHANIKA
Project name: WIDE AREA ROTARY DISC MOWER DKF 320/8
Town: Boljevac
Industry: Machines and mechanical engineering
Project value: EUR 508,000
IF participation: EUR 300,000
The company from Boljevac is developing a new type of rotary disc mower with improved reliability, resistance and service life, designed for professional farmers.
Company: Biogranum
Project name: 2S CEREALS
Town: Novi Sad
Industry: Agroindustry/Agriculture
Project value: EUR 341,800
IF participation: EUR 227,800
Biogranum company from Novi Sad is creating a brand new type of 2S-two-season varieties of small grains with high yields and outstanding quality, for which sowing is possible from October to March of the following calendar year
Company: Tetragon
Project name: Novel industrial adhesive with enhanced running stability, cleanability and machine running characteristic
Town: Čačak
Industry: Energy and energy efficiency
Project value: EUR 349,830.90
IF participation: EUR 244,750.90
Company Tetragon is developing Industrial water-borne adhesive with enhanced stability and cleanability, designed for digital pasting and paper converting.
Company: RKS-KOMPOZITI ČELAREVO
Project name: Improving Polymer Waste Recycling Process
Town: Bačka Palanka
Industry: Environmental science
Project value: EUR 563,410
IF participation: EUR 299,910
New technology for production of polypropylene and polyethylene polymeric blends from waste materials and additives.
Company: DataDO 4U
Project name: Shopper Centric Assortment Optimizaton
Town: Belgrade
Industry: ICT
Project value: EUR 399,234
IF participation: EUR 279,463.80
A tool for all space-constrained retailers to boost growth by increasing relevance to shoppers via optimal assortment strategy.
Company: EUROICC
Project name: BabyBip – mobile fetal well-being monitor
Town: Belgrade
Industry: Medical Technology
Project value: EUR 416,420
IF participation: EUR 288,420
A mobile, ECG signal-based alternative to Cardiotocograph (CTG) that will enable expecting mothers to assess the baby’s wellbeing at home at any time.
Company: NO Solutions Development
Project name: EDU SOUND
Town: Novi Sad
Industry: ICT
Project value: EUR 390,430
IF participation: EUR 272,730
Company NO Solutions Development is developing an E-learning 3D platform connecting rich medical, institutional and clinical practices with theoretical knowledge to make medicine workers more productive.
Company: Bitgear Wireless Design Services
Project name: Plant-O-Meter
Town: Belgrade
Industry: Electrical engineering
Project value: EUR 430,580
IF participation: EUR 299,880
Bitgear Wireless Design Services from Belgrade is developing a portable device for measuring plant health status, accompanied by decision-support software, for allowing farmers to make smarter decisions and cut costs.
Company: Crowded Room Studio llc
Project name: Zeus & Zeus Internal Graphic Library
Town: Novi Sad
Industry: ICT
Project value: EUR 507,313.30
IF participation: EUR 293,560.02
Web application designed for graphical construction and representation of the energy and industrial networks, and calculation of electrical energy generation, transmission and distribution.
Company: Tajfun HIL
Project name: Universal Energy Gateway Operating System
Town: Novi Sad
Industry: ICT
Project value: EUR 772,600
IF participation: EUR 292,600
A brand new operating system for monitoring and controlling smart energy devices and appliances regardless of the communication protocol they are using.
Company: Infostud 3
Project name: Recommendation system
Town: Subotica
Industry: ICT
Project value: EUR 261,682
IF participation: EUR 157,009.29
Infostud 3 is developing a Hybrid recommender system for classifieds websites, combining collaborative filtering and content filtering based on both structured data and unstructured text.
Company: City Expert Global
Project name: Zwelo - Property Management App
Town: Belgrade
Industry: ICT
Project value: EUR 779,300
IF participation: EUR 299,300
Digital solution for landlords and property owners to completely manage their property rentals and relationship with tenants.
Company: Simula
Project name: AI Parking Platform
Town: Novi Sad
Industry: ICT
Project value: EUR 420,672
IF participation: EUR 293,941.06
The company Simula from Novi Sad is developing a mobile device parking management platform, solving the problem of extensive inner-city traffic by discovering free parking zone heat maps and route planning.
Company: Case3D
Project name: Property Navigator Platform
Town: Novi Sad
Industry: ICT
Project value: EUR 295,671.30
IF participation: EUR 177,402.78
Solution for online interactive presentation of future real estate developments that will accelerate the purchase decision process through more complete information.
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.
Company: Belit
Project name: Belit Smart Ready
Town: Belgrade
Industry: Energy and energy efficiency
Project value: EUR 428,685
IF participation: EUR 300,000
Belit Smart Ready is an innovative software tool that offers building owners and managers a precise, easy, and time-efficient way to assess, maintain, and improve the overall efficiency of their properties according to the latest Smart Readiness Indicators (SRI) method.
Company: EKOSAN
Project name: Brodisan D - next generation rodenticide
Town: Belgrade
Industry: Veterinary medicine
Project value: EUR 430,000
IF participation: EUR 300,000
Next generation difenacoum-based rodenticide with superior efficacy versus all types of rodents, offering drastically lower human health toxicity and lower environmental waste.
Company: Softech Solutions
Project name: Brand Care
Town: Belgrade
Industry: ICT
Project value: EUR 429,060
IF participation: EUR 300,000
BRAND CARE is a software solution that turns each offline purchase into a future digital contact point with the client as the base of all post-sales activities.
Company: ARTECH INŽENJERING DOO BEOGRAD
Project name: lightweight longspan hybrid hall
Town: Belgrade
Industry: Civil engineering and construction materials
Project value: EUR 420,600
IF participation: EUR 290,069
Development of the new hybrid technology in the construction of the long span structures, as more efficient in terms of material, time and construction costs, comparing to present technologies.
Company: EKO FUTURA
Project name: All-in-one Fortified Plant Hydrogel
Town: Belgrade
Industry: Agriculture
Project value: EUR 428,818
IF participation: EUR 300,000
Production of the first hydrogel for agriculture and gardening that will not only retain water and hydrate the plant over time, but also gradually release nutrients and protect the plant from pests.
Company: MODEL 5
Project name: INNOVATIVE SIGNAL SMART TRAILER - ISST
Town: Belgrade
Industry: Civil engineering and construction materials
Project value: EUR 390,100
IF participation: EUR 272,627
Development of innovative multifunctional smart signal trailer solar-powered, technically and technologically harmonized with the requirements of users (road economy) for improved functionality and applicability, higher use value for greater traffic safety.
Company: ELEKTRON DTM
Project name: Innovative production of bio-organic erythritol
Town: Trstenik
Industry: New food technologies
Project value: EUR 413,400
IF participation: EUR 289,380
Using the innovative technology and specific yeast strains to produce organic erythritol, produce both crystal and powdered erythritol during the same process and ensure a significantly higher fermentation yield rate.
Company: Majkić
Project name: Water Hydrant CAPX-Lock
Town: Inđija
Industry: New industrial design
Project value: EUR 339,560
IF participation: EUR 237,690
Mechanical protection for both surface and underground hydrants in a form of a mountable hydrant cap with an x-center locking system.
Company: PULSEC
Project name: Pulsoc OCTOPUS - cutting edge cybersecurity tool for top quality SOC protection
Town: Belgrade
Industry: Digital Security
Project value: EUR 477,000
IF participation: EUR 291,208
Pulsec is building the next stage in top quality cybersecurity as a service (CaaS) space with our OCTOPUS tool - rapid, transparent and super-effective software for monitoring cybersec performance in SMEs and corporates.
Company: AVControl
Project: iSell - ultimate sales performance BI tool
Town: Belgrade
Sector: Software as a service
Project budget: EUR 429,300
IF participation: EUR 299,993
iSell is a fully customizable BI SaaS tool which enables a brand manufacturer or a distributor's top management to have detailed and timely insight into its sales performance, manage and optimize stock and minimize lost revenue, improve efficiency in decision-making and boost end customer satisfaction.
Company: FRIGO ŽIKA
Project: Bora Bora Plug-in SC RDC
Town: Ruma
Sector: Heating and cooling technologies and heat transfer
Project budget: EUR 471,556
IF participation: EUR 282,933
Bora Bora plug-in SC vertical cooling refrigerated display cabinet (RDC) with self-cleaning condensation unit is the latest, self-cleaning RDC with increased electrical efficiency, longer lifetime, and suitable for easy installation.
Company: EUROINOX
Project: Tactile Pro
Town: Paracin
Sector: Machine Learning
Project budget: EUR 416,490
IF participation: EUR 291,002
Tactile Pro is a tactile marking drilling machine for all substrates designed to drill holes for tactile markings while reducing time, labor force, material resources and costs.
Company: VV PROING
Project: Power Plant control platform "VDi40"
Town: Belgrade
Sector: Internet of things
Project budget: EUR 430,400
IF participation: EUR 300,000
VDi40 is an innovative software platform that provides digital transformation for various kind of renewable powerplants, and enable powerplant owners and managers real-time portfolio-level assessment, tracking, and monitoring options for all their energy-producing objects.
Company: TEHNOMATIK 1995
Project: Circulation Mixer for Coffee Preheating
Town: Vrnjačka Banja
Sector: Heating and cooling technologies and heat transfer
Project budget: EUR 417,717
IF participation: EUR 292,403
Coffee preheating systems, aimed for the industrial production, that provides significantly more efficient roasting process with easily achieved ROI.
Company: EXTRA FARM
Project: Innovative production of swine feed with wheat and barley sprouts
Town: Srbobran
Sector: New food technologies
Project budget: EUR 452,206
IF participation: EUR 300,000
Production of innovative swine feed out of sprouted wheat and barley with high nutrition and enhanced health standards providing a balanced diet for fattening pigs.
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.
Company: Less is More
Project name: LodgixPro
Town: Belgrade
Industry: Internet of Things
Project value: EUR 697,350
IF participation: EUR 487,935
LodgixPro is the first stand-alone remote property self-service access management solution for micro and small short-term rental property owners. LodgixPro solves many challenges owners face managing their accommodation units, such as: reception cost, late arrivals, simultaneous arrivals, charging, lost or misused keys/cards, maintenance schedules, etc. Most of actions, solving existing challenges, will be automated or easily managed through provided application and 24/7 support.
Company: SUN & DUN.A.V.
Project name: FPC-P 1 Forming Packing Closing Machine
Town: Stara Pazova, Novi Banovci
Industry: Robotics
Project value: EUR 818,300
IF participation: EUR 488,197
The development of the FPC-P 1 Forming Packing Closing Machine by integrating cutting-edge technology, modular design, and innovative automation for versatile and efficient packing solutions.
Company: GREEN DECOR
Project name: BiomeRoof
Town: Belgrade
Industry: Urban city development
Project value: EUR 584,742
IF participation: EUR 409,317
The BiomeRoof project aims to introduce an innovative modular green roof system, addressing urban heat island effects, reducing stormwater runoff, and promoting biodiversity in urban environments and thus to revolutionize urban spaces by offering a sustainable and accessible solution.
Company: PRIVREDNO DRUŠTVO ZA TRGOVINU I USLUGE MONDOLUKA PLUS
Project name: MondoNav
Town: Belgrade
Industry: Software and application development
Project value: EUR 698,100
IF participation: EUR 488,250
MondoNav is an innovative platform tailored for inland water freight companies, utilizing technology to deliver integrated navigation, fleet management, and cargo brokerage features, aimed at significantly enhancing operational efficiency and optimizing business processes.
Company: Netico Solutions
Project name: Netico TMS - Transformer Management System
Town: Nis
Industry: Power Systems and Grids
Project value: EUR 749,796
IF participation: EUR 491,911
Modular IOT system for continuous monitoring of power transformers. Autonomous IOT system which seamlessly integrates into and measures the health of existing transformer infrastructure.
Company: Expert Bex Group
Project name: PROEE 100 Real-Time Production Planning Software
Town: Belgrade
Industry: Software as a Service
Project value: EUR 714,600
IF participation: EUR 500,000
PROEE 100 will be an advanced AI-driven software solution crafted to modernize production planning for demand-driven industries. By utilizing reinforced learning algorithms, PROEE 100 will enable the manufacturers to overcome production challenges like unexpected shifts in demand, machine malfunctions, supply chain disruptions force constant, time-consuming replanning that leads to production delays, missed deadlines, and an inability to capitalize on new opportunities with ease and efficiency.
Company: PREDUZEĆE ZA PROIZVODNJU, TRGOVINU I USLUGE SIGOC- SRPSKA INTERNACIONALNA GRUPA CO
Project name: Production of Innovative Modular Green Wall POS Displays and Planter Boxes
Town: Šimanovci
Industry: New industrial design
Project value: EUR 836,000
IF participation: EUR 500,000
Development of an automated production line for innovative modular green wall POS displays and modular planter boxes.