Objective
Proposal resubmission, scored 13.24 in latest cut-off.
Intraoperative Neurophysiological Monitoring [IONM] is an innovative technology to monitor nerve function integrity in the surgeries of nerves, spinal cord and part of brains. IONM reduces the risk of nerve injury up to 50%. Unfortunately, IONM is not problem free. IONM uses recording electrodes connected to long wires distributed on the patient under general anaesthesia. These long wires translate into several drawbacks, one is that they limit the manoeuvrability of surgeons and staff during surgery. Also, space constraints require routing the wires, making them behave as antennae and causing Electromagnetic Interference, which distorts the waveforms of weak electrical potentials from the nervous system. Finally, wired IONM solutions force neurophysiologists to monitor only one surgery per time, limiting their availability. Therefore, there is a clear need for a wireless IONM data link that could solve these issues.
As a IONM devices distributor, SOINDE noticed this problem and decided to bridge this gap. Since 2014, we have been developing a Wireless IONM communication device, WIONM.
WIONM’s Unique selling points are:
-It eliminates long wires within the operating room while ensuring data integrity.
-Plug-and-play architecture & compatibility with any commercial IOMN device.
-Remote monitoring of multiple surgeries, helping to relieve the shortage of neurophysiologists.
-It is up to 86% more economical than other commercial competitors.
Once tested in Phase 2, we will market WIONM through an elaborate commercial plan that takes advantage of our extensive client portfolio and our already established partnerships with other medical suppliers.
The success of WIONM will allow us to seize part of the €1.87 billion (CAGR of 9.2%) global nerve monitoring market. This will create a measurable impact on SOINDE, estimated on accumulated revenues of €52M and the creation of at least 20 new position by 2024.
Fields of science (EuroSciVoc)
- natural sciences biological sciences neurobiology
- natural sciences physical sciences electromagnetism and electronics electromagnetism
- medical and health sciences clinical medicine surgery surgical specialties
- social sciences economics and business business and management employment
- medical and health sciences clinical medicine anaesthesiology
Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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H2020-EU.2.1.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT)
MAIN PROGRAMME
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H2020-EU.2.3.1. - Mainstreaming SME support, especially through a dedicated instrument
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Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
SME-1 - SME instrument phase 1
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Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) H2020-SMEInst-2016-2017
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Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
28692 MADRID
Spain
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.