Government grants to encourage technology - Embedded.com

Government grants to encourage technology

London, UK — An Erith-based company has gained a Smart Award grant from the Department of Trade and Industry's Small Business Service (SBS) to develop an intelligent CCTV system.

SafetyWatch's AiCCTV is an event-driven, fully automated, intelligent CCTV surveillance system, which can detect any movement within a 360 degree radius. The system then automatically determines which objects to track and follow, recording the events, and raising the necessary alerts.

The Government grant will be used to develop new software for automatic assisted camera control and new systems technologies to produce a potent unmanned crime deterrent.

Smart is the Small Business Service (SBS) initiative that provides grants to help individuals and small and medium sized businesses to research and develop technologically innovative products and processes.

It is being expanded as part of DTI's review of its support to business. The current scheme closed to applications on 31 August 2003 and is being replaced by a combination of a new Grant for Research and Development and a pilot Grant for Investigating an Innovative idea which have been available from 1 June 2003.

Micro projects are funded for the development of simple low cost prototypes of products or processes with a maximum of £10,000 available under Smart and grants of 50 per cent of eligible cost up to a maximum of £20,000 under Investigating an Innovative Idea.

For research projects for experimental groundwork to test the feasibility of innovative technology, 75 per cent of cost is available up to a maximum of £45,000 under Smart, or grants of up to 70 per cent of eligible project costs up to a maximum of £75,000 under Investigating an Innovative Idea.

For development projects carrying out experimental work that results in a pre-production prototype of a technologically innovative product or process, Smart offers 30 per cent grants up to a maximum of £150,000 while the new programme offers grants of up to 45 per cent of eligible costs up to a maximum of £200,000.For exceptional projects involving the development of high cost technologies of strategic importance for an industry or technology sector or with quality of life benefits, Smart offers 30 per cent funding up to a maximum of £450,000 while the revised programme offers grants negotiable up to 35 per cent of eligible costs up to a maximum assistance of £500,000.

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