Support for the development of algorithm from mathematical models for forecasting analyzes and probability calculations from Algoritmi Ltd.

Within the framework of the project, a start-up micro enterprise from M72 "Research and Development" will realize its entrepreneurial idea of ​​carrying out specific scientific and development activities in order to develop and provide an algorithm of mathematical models based on the accumulation of statistical data and probabilities to anticipate the outcome of events influencing the different social, economic, social and technological sectors, as well as to achieve quality and quantity evaluation of events already conducted in order to prepare analysis and integration in the development of the organizations, with the necessity of a similar type of technological product. For the purpose of marketing the outcome of the applicant's research and development, the algorithm of a mathematical model for determining development from a given event and analyzing it will work through a software product providing information through the Application Programming Interface to the final your users. The implementation of the project requires the formation of a team of three people with education and professional experience in the sphere of the entrepreneurial idea by appointing them to positions - Entrepreneur, Statistics Expert, Programmer. The entrepreneur, the owner of the capital, is a person with more than 50% WCAC, a mathematician with a PhD degree in the field. For the team, remuneration is foreseen for the 18 m. of the project, and it is planned to ensure the sustainable employment of the 3 newcomers. Within the project funds will be spent on the assets and services needed to realize the product. The idea will be realized in 7 stages - from the creation of a mathematical model to its putting into a production environment. The attached business plan provides for the economic viability of the entrepreneurial idea, which is to overcome the obstacles to the start-up of a new business with potential for sustainable development in an economic sector with high added value.

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