Gaitek: aid for Basque companies wishing to develop new products or new technology-based companies
26/10/2015
Diego Gutiérrez
Gaitek: aid for Basque companies wishing to develop new products or new technology-based companies
Do you need help to develop new products or launch your technology-based company? Spri, the Basque business development agency, provides grants for this type of project. The 2015 call was open between February and March. We can help you to participate in the 2016 call.

Beneficiaries of other calls for proposals

Since the launch of GAITEK, several Basque companies have been successful in launching new projects:

GoCardio, for example, is a project carried out by Bilbomática, the CEIT-IK4 research centre, Vicomtech-IK4 and Biodonostia to develop an innovative portable system for monitoring patients undergoing cardiac rehabilitation. The project was launched in 2012 and is now finalising its launch.

GoCardio is a T-shirt with a series of sensors that monitors the patient's activity and energy expenditure. It is easy and simple for anyone to use. In addition, a cloud platform has been developed to store data from a multitude of patients and offers advanced processing and visualisation tools to facilitate the monitoring tasks carried out by the medical team.

Mondragonlingua together with Vicomtech-IK4 and ISEA have made available to their clients a new automatic translation service, Plata, capable of generating multilingual content that allows them to reduce costs and increase efficiency in translation processes thanks to Gaitek's help.

The new machine translation engine is based on the analysis of previously translated content for each client, processing it to speed up new translation projects. The system reduces the number of words to be translated by human translators, resulting in cost savings of up to 25%. In addition, the engine allows the service to be streamlined, as the translation process is automated and integrated with the post-editing and proofreading tools. The developed product allows the use of docx, txt, HTML and odt documents, maintaining the original formatting of the document in the translation, such as bold characters, tables, images and graphics.

Objective of the aid

To support the implementation of New Product Development Projects, new products being understood as those consisting of the development of original and superior products to those already existing and Projects for the Launching of New Science and Technology Based Companies.

Beneficiaries

Large companies, SMEs, foundations and associations that are based in the Basque Country or have a production facility in the Autonomous Community of the Basque Country and carry out eligible activities directly from their facilities in the Autonomous Community of the Basque Country.

 In addition, they must demonstrate their own contribution to the project costs of at least 25%.

Subsidised projects must be developed and remain in the Autonomous Community of the Basque Country for a minimum period of five years.

Type of aid

The aid to be granted shall be in the form of non-refundable grants with a ceiling of 25% of the eligible expenditure.

In any case, the maximum amount of the non-refundable grant shall be 250,000 euros per beneficiary organisation per year.

Eligible expenditure

Staff costs to the extent that they are dedicated to the project.

Indirect costs, 15% of eligible direct personnel costs.

Cost of external advice and equivalent services

Operating costs

Costs of instruments and equipment used solely and continuously for the research activity.

 If you are interested in this assistance, please do not hesitate to contact us. Abra-Invest has a team of experts in alternative financing with many years of experience at your disposal. Call us on +34 946424142 or contact us by filling in the contact form.

 

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