Three projects with Portuguese participants will receive funding from the Horizon 2020 innovation incentive program. The three companies are part of projects that have been selected by the European Commission to receive funding to assist in bringing their innovations to the market faster. The program selects relatively mature, ground breaking technologies that are close to market. The three projects are called DigiMat, EHANCEplayer, and SCENE and focus on artificial intelligence and new technology. The EU Commission allocated €34 million towards a total of 14 innovation projects.
The three projects have Portuguese companies VisionWare, RTP, and Sakthi Portugal among their participants:
The funding is part of the EU Commission's Fast Track to Innovation scheme which offers a maximum of €3 million to consortia of three to five partners that are involved in mature, ground breaking technology. The participants also receive access to acceleration and business coaching services.
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The three projects have Portuguese companies VisionWare, RTP, and Sakthi Portugal among their participants:
- DigiMat (Sakthi Portugal)- €1,161,861.50 received in funding - "Smart solution for connecting process with material characteristics to achieve new generation of digital materials for the automotive industry"
- EHANCEplayer (RTP)- €2,400,000 received in funding- "An Artificial Intelligence Enhancing Video Quality Locally to Limit Internet Traffic Tied to Video Streaming"
- SCENE (VisionWare)- €2.287.325,38 received in funding - "Smart City on the Edge Network Enhancements"
The funding is part of the EU Commission's Fast Track to Innovation scheme which offers a maximum of €3 million to consortia of three to five partners that are involved in mature, ground breaking technology. The participants also receive access to acceleration and business coaching services.
Click here to read the full article.
