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Stimulating the fusion of IoT and GNSS technologies

Project description

Fusing IoT and GNSS technologies

The Internet of things is a system of interrelated computing devices, mechanical and digital machines, objects, animals or people that are provided with unique identifiers and the ability to transfer data over a network without requiring human-to-human interaction. The EU-funded POINT.IoT project combines the strengths of the European Global Navigation Satellite Systems Agency, or EGNSS, with the growing importance of IoT devices in our daily life in a make-it-work approach, organised by leading companies in their fields, such as Verhaert, SpaceTec Partners, Cesah and Orange.

Objective

POINT.IoT combines the strengths of EGNSS with the growing importance of IoT devices in our daily life in a make-it-work approach, organised by leading companies in their field, such as Verhaert, SpaceTec Partners, Cesah and Orange.

The POINT.Cheetah programme scouts and selects 20 new IoT applications using GNSS technologies for a combined 3-month technical and business sprint with a multidisciplinary team of mentors. Each selected application receives on average 80 hours of support. The business sprint ensures the maturation of the innovative usages of GNSS/IoT for investors, whereas the technical sprint is a combination of technical coaching and hands-on product development support. The programme focusses on a rapid development of 20 demos for early technical validation. The top-2 teams receive a prize of EUR 20,000 each.

The POINT.Kangeroo programme supports the teams with business training tools. The POINT.IoT Entrepreneur Playbook guides the sprints that the teams and mentors undertake but can help any GNSS/IoT developer in a do-it-yourself sprint. The POINT.MOOC teaches the business basics in a modern and interactive manner with a Massive Open Online Course.

Each year the POINT.IoT track at a leading investor event allows the top-5 teams to pitch their business to a panel of investors and corporates. The selected teams receive one-on-one investor readiness training to enhance their success rate.

The POINT.Partnerships programme develops the narrative and guides the implementation of a partnership programme between POINT.IoT teams and industrial stakeholders as development partners, suppliers, clients or investors. The POINT.IoT Success & Inspiration Stories form the basis of discussion with GNSS/IoT stakeholders, and showcases successful GNSS/IoT solutions. The partnership matchmaking helps the POINT.IoT portfolio companies to have an easy access to leading IoT brands, for validation, partnering, business development or sales.

Fields of science (EuroSciVoc)

CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.

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Programme(s)

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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.

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.

CSA - Coordination and support action

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Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) H2020-SPACE-EGNSS-2019-2020

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Coordinator

VERHAERT NEW PRODUCTS & SERVICES NV
Net EU contribution

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.

€ 334 000,00
Address
HOGENAKKERHOEKSTRAAT 21
9150 Kruibeke
Belgium

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SME

The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.

Yes
Region
Vlaams Gewest Prov. Oost-Vlaanderen Arr. Sint-Niklaas
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Links
Total cost

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.

€ 334 000,00

Participants (8)

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