Establishement of new business entity by Neuron Technilogy Ltd.

The project proposal aims to increase the capacity of Neuron Technologies to provide innovative products and services and to strengthen the export potential of the company. The project objectives will be achieved through the implementation of two main activities: - Diversification of the range of products and services on Neuron Technologies Ltd. through the purchase of hardware, software and know-how. As a result of the activity a new product will be added to the range of the company - namely building panels for transmission of data. The product will be made available separately, as well as an integrated option with existing products of the company. As a result of the activity will be added and new service in the assortment of the company - a subscription service for processing and analysis of data on energy flows in industrial systems. - Implementation of new technologies to improve resource efficiency and effectiveness in the production process through the purchase of hardware, software and know-how. As a result of the activity the consumption of non-renewable resources - namely liquid fuel in Neuron Technologies - will be reduced. The activity has a multiplier effect as the complete solution for the transmission and analysis of data on energy flows leads to optimization of energy consumption and therefore to increased resource efficiency and efficiency in clients' industrial systems. The project implementation will contribute to expanding the capacity of the company by creating a new business entity and by adding new services and products in the assortment of the company. A direct result of the implementation of project activities is increased overall competitiveness of the company in the field of the priority area "Mechatronics and clean technologies" through the introduction of high-tech solutions and know-how.

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Overview

Status Closed (completion date)
Start date 20 Jun, 2016
End date 30 Aug, 2017
Contract date 20 Jun, 2016
View in UMIS

Financial information

Total cost 682,000.00
Grant 477,400.00
Self finance 204,600.00
Total paid 475,825.00
EU participation percent 85.0%

Location