The XpeCAM project wins SME Instrument funding

The Multispectral analysis Technology was approved for funding in the European Program: SME Instrument Program - Horizon 2020. It was the only Portuguese project selected and will receive funding of 1.2M euros.
The XpeCAM project wins SME Instrument funding

The Multispectral analysis Technology was approved for funding in the European Program: SME Instrument Program - Horizon 2020. It was the only Portuguese project selected and will receive funding of 1.2M euros.

Date

MONDAY 12TH MARCH 2018

The XpeCAM project was one of the 57 selected, of the 1154 European proposals submitted to approval in phase 2 of the SME Instrument program - Horizon 2020. The multispectral technology is non-invasive and non-destructive technique, and can “read” the hidden information in art work pieces, either paintings or tiles. This solution can not only be applied to Conservation and Restoration field, but also to Agriculture and Industry in the diagnosis process and quality control. "Having received such recognition of an European Commission program is a sign that our technology is truly differentiating and capable of competing in the international market. With this investment we intend to strengthen the development of the solution and to prepare the entry of the technology in different markets and areas, such as agriculture "mentioned António Cardoso, CEO of Signinum|Xpectratek. The SME Instrument - Horizon 2020 supports small and medium-sized enterprises with a highly innovative mission and the ability to introduce disruptive changes in the markets. It is divided into two phases: the first one discloses 50k euros per company for the development of a feasibility study. Phase 2, with a funding up to 2.5M euros per project, aims to support activities related to development and demonstration of innovation.