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A new wearable, cost effective and non-invasive biometric solution for accurate and high throughput screening of people, bags and vehicles

Objective

AUDAX Global Solutions Ltd. is an SME founded in Plymouth UK in 2005. Since then it has become a pioneer in the delivery and development of mobile digital evidence gathering products and services. The AUDAX team consists of the most knowledgeable experts in the industry who are committed to offer ground breaking innovative solutions. AUDAX owns a new technology Bio-AX™, a new wearable, cost-effective and non-invasive biometric solution for accurate and high throughput screening of people, bags and vehicles. This technology will bring many benefits to the stakeholders and increase security in our communities. AUDAX sees a huge business opportunity through sales. The uniqueness of Bio-AX™ will increase the Unique Selling Proposition (USP) of our products and competitive advantage in the market. AUDAX believes that Bio-AX™ will raise the Company’s profitability and grow its workforce. AUDAX has invested in Bio-AX™ and it is now in prototype phase. However, the Company requires further financing through SME Instrument to fund the transition of the prototype into commercialisation. In Phase 1 our specific objective is to prepare a clear Feasibility Study and Business Plan to determine the feasibility, possibility, viability and sustainability of this new project.

Field of science

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  • /social sciences/economics and business/business and management/commerce

Call for proposal

H2020-SMEINST-1-2014
See other projects for this call

Funding Scheme

SME-1 - SME instrument phase 1

Coordinator

AUDAX GLOBAL SOLUTIONS LIMITED
Address
Unit 16 Mary Seacole Road, The Millfields
PL1 3JY Plymouth
United Kingdom
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
EU contribution
€ 50 000