Developing an innovative system for warehouse management "INNRFID"

"INNOL" Ltd. is a startup company that operates with the development of various technological solutions for small and medium businesses. With the implementation of this project the company will develop an innovative system for automated inventory system for warehouses by locating items based on RFID tags attached to products. This will solve the main problems of small and medium sized warehouses, which are the difficult localization of various items, frequent losses of certain products as well as theft. The main objective of the project is to increase the innovative capacity and competitiveness of the company through the development of product innovation - INNRFID, with potential for introduction in the economy, positioned in the thematic area "Mechatronics and clean technologies" innovation strategy for smart specialization. It will be implemented through test activities, trails and measurements, related to the development of innovative products, purchase of specific equipment and development of specialized software for the project. The development of economic, financial and technical evaluation, as well as marketing strategy of the innovation, will support its economic viability and the sustainability of the project. As a result of the project we expect to develop eco-innovation with great potential for commercialization.

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Overview

Status Closed (completion date)
Start date 09 May, 2017
End date 20 Jul, 2018
Contract date 09 May, 2017
View in UMIS

Beneficiary

Financial information

Total cost 434,500.00
Grant 391,050.00
Self finance 43,450.00
Total paid 390,285.00
EU participation percent 85.0%

Location