Artificial Intelligence for Continuous Risk Control in Workflows for the Construction Sector
Beawre was awarded the Neotec 2021 grant. Funded by the Next Generation EU funds, the Neotec program awards high-tech initiatives in an extremely competitive call, to support start-ups to set on new entrepreneur business based on research activity’s results. The grant is given by CDTI, the Center for Technological and Industrial Development, a public entity linked to the Spanish Ministry of Science and Innovation.
Around 500 small companies applied to the grant, and Beawre scored in the first quartile among all 125 granted companies and in the top 5% among all submitted proposals.
After having participated already in 2 H2020 projects, Beawre consolidates its innovative character and research capacity with this new grant. With this project Beawre will boost the Artificial Intelligence (AI) at the core of our solution, to offer a better continuous risk management solution to control workflows in construction.
The grant amount of 325.000€ boosts Beawre’s growth, with a new sales representative, a PhD expert on AI and process mining as well as an additional development engineer.
Execution period: 2022-2023
Power in Numbers
Budget in €