Implementation of a service by Astrum 21 Ltd.

“Astrum 21” Ltd. is established in 2018. The company deals with interdisciplinary research and development based on ICT, machine learning and computer vision. One of the biggest difficulties for the company, as well for many micro businesses in Bulgaria, is the lack of financing. Most of the micro-companies in the country fail to realize and develop their entrepreneurial ideas namely due to lack of financial resources. Another major challenge in front of the entrepreneurial development in Bulgaria is the fact that almost half of the newly established companies operate in the wholesale and retail sale trade sector, which is mainly dependent on the economical changes and environment. The share of newly founded businesses operating in sectors with higher added value is drastically low. To be able to face all these challenges and successfully realize its entrepreneurial idea (service) – research in the field of machine learning and in particular computer vision, targeted at problems/tasks of “smart video surveillance” systems of buildings and installations, the company needs to overcome all the existing limits and difficulties prior to its development. The applicant cannot realize its entrepreneurial idea, because it does not have the necessary qualified stuff to fufill such activities on its own. Apart form the qualified experience and expertise, the company needs longterm tangible assets, a web page and an office, all these necessary for the realization of the idea. A market survey is also needed for the establishing of the entrepreneurial idea on the market and its realization in short term. The planned investments will allow the applicant to successfully position and launch a service, which will generate high added value. To overcome all the mentioned issues, the project includes the following eligible activities: 1. Activity for realization of an entrepreneurial idea on the market 2 Visulisation of the project.

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