Introduction and market uptake of innovative mobile application - audio and text multilingual translator

The overall project objective is to increase innovation performance and competitiveness of SOFTPRESS through introduction and market uptake of an innovative product on the global market, in one of the thematic areas of ISSS - "New technologies in creative and recreative industries." This project will introduce an innovative product "Oxford Translator" - a mobile application - audio and text automated multilingual translator, integrated with the global social platforms, designed for the iOS operating system. The project will be implemented through purchasing of 5 pcs. specialized software that will integrate the full functionality of the application and will create a product, ready for commercialization. Project activities will be implemented in the Northwest Planning Region – the town of Pleven. As a result of the project activities, the company will have an opportunity to both improve its innovative capacity and to lead to commercialization of the innovative product, which will help to improve the competitive advantage of the company and will contribute to expand its market positions on a global level.

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Overview

Status Closed (completion date)
Start date 18 Jan, 2017
End date 23 Jan, 2018
Contract date 18 Jan, 2017
View in UMIS

Beneficiary

Financial information

Total cost 434,000.00
Grant 390,600.00
Self finance 43,400.00
Total paid 390,600.00
EU participation percent 85.0%

Location