cthings.co specialises in developing advanced Internet of Things (IoT), 5G, and edge computing solutions that address the challenges of modern industries by introducing innovations in automation, monitoring, and intelligent data management. Their products are driven by a vision to enable digital transformation across various industries.
Scope:
- Grant Writing
- Application Process
Securing Funding for Future-Defining IoT Solutions
As a growing company, cthings.co faced the challenge of securing funding to support the development of new products and expand its technology offerings. The company recognised the need for additional resources to accelerate innovation, particularly in the fields of real-time data management systems. To stay competitive in the fast-evolving IoT landscape, cthings.co required financial support to bring new solutions to market more efficiently.
Strategic Collaboration and Expert Guidance to Unlock Financial Support
To tackle the funding challenge, cthings.co collaborated with Exeq, who identified potential sources of financial support to fuel the development of their next-generation products. After a thorough assessment, it was decided to apply for funding through the SMART grant, which aims to support R&D efforts for the creation of a real-time data acquisition management system. Additionally, cthings.co partnered with a Dutch collaborator to apply for the Eurostars grant with a project focused on an IoT platform for mission-critical applications.
Exeq provided invaluable assistance throughout the process, supporting cthings.co in preparing and submitting applications for both funding programs.
Successful Funding of ~€2 M for Groundbreaking IoT Projects
Thanks to strategic collaboration and Exeq expert guidance, cthings.co successfully secured funding from both the SMART and Eurostars programs, enabling the development of their innovative IoT solutions.
- SMART funding received: 5,4 mln PLN (~ €1.3M)
- Eurostars Grant funding received €623 k (with total project budget of almost €2 M)
These financial resources will play a crucial role in advancing cthings.co’s R&D efforts and accelerating the delivery of their next-generation IoT platforms, reinforcing their position as a leader in the industry.
