Creation and development of the entrepreneurial idea of RPA Archive Ltd.

The project "Creating and Developing the Entrepreneurial Idea of ​​RPA Archive Ltd. is focused on the implementation of entrepreunership idea related with develpoment and market applicatio of digitized documentation recognition software product that recognizes the attributes of read documents and understands their purpose." Using OCR technology to read the document text, stores the read information in a database, and then a neural network (AI) is trained to make assumptions about the type of read information based on a given logic and on deer. This will allow quick and inexpensive way to process paper documents to minimize mistakes by human intervention. The main goal of the project is "To create and develop an IT business that targets a wide range of users - every business using documents". In order to achieve the main goal of the project and the realization of the entrepreneurial idea, the following measures will be implemented: - Forming a well-qualified team - Providing the necessary equipment and software for the realization of the entrepreneurial idea - Implementing activities related to the promotion and presentation of the company - its software and services that will be offered - Carrying out marketing studies and analyzes As a result of the implementation of these measures and activities by the developer in a project on the way to the realization of his idea will lead to achievement of the main goal of the project on the one hand and on the other to achieve the general objective of the procedure "Establishment and development of new enterprises in priority sectors of the NFCs for SMEs 2014-2020 and specific areas related to overcoming European and regional challenges ".

Comments
Leave a comment

Overview

Status Closed (completion date)
Start date 28 May, 2019
End date 19 Feb, 2021
Contract date 28 May, 2019
View in UMIS

Beneficiary

Financial information

Total cost 243,491.48
Grant 194,793.19
Self finance 48,698.29
Total paid 183,272.36
EU participation percent 85.0%

Location