Objective
The Internet of Things (IoT) is the up and coming growth engine for the global economy. But, IoT comes with a great challenge: tens of billions connected devices will generate an exabyte-level (1 exabyte = 1 billion gigabytes) amount of data each day, all of which needs to be processed and wirelessly transmitted in an energy efficient way.
This creates a large and untapped global business opportunity for technologies that could bring radical increase in digital computing energy efficiency, while simultaneously increasing the IoT computing capacity. Otherwise, the amount of generated data will overwhelm the current cloud computing centres. Energy efficiency is needed because the prospect of regularly changing batteries on tens of billions of devices is impractical and very costly, whereas hardwiring every IoT device is not feasible either.
Minima Processor Oy, a Finnish high-tech SME backed with €2,2 million seed investment, is introducing the next computing power revolution: Minima patented IoT microprocessor technology that reduces the energy need of digital computing by up to 20x compared to legacy solutions. Minima’s disruptive technology can enhance the performance of virtually any device that uses digital computing, thereby making batteries last up to 20 times longer, enabling advanced features, and making IoT devices cheaper to buy and operate.
Minima technology has broken world records in microprocessor energy efficiency. The objective of the Phase 2 project is disrupt the IoT market with our fundamentally new technology by finalising our hardware and software development, implementing next generation audio, video and deep learning techniques, and piloting our solution in 3 commercial applications.
Minima technology is the key to securing Europe’s leading position in the IoT microprocessor industry. Having already signed pre-commercial licensing agreements with industry leaders, we expect rapid market uptake within the first 5 years after the project.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: https://op.europa.eu/en/web/eu-vocabularies/euroscivoc.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: https://op.europa.eu/en/web/eu-vocabularies/euroscivoc.
- natural sciences computer and information sciences internet internet of things
- natural sciences computer and information sciences software software applications system software operating systems
- engineering and technology electrical engineering, electronic engineering, information engineering electronic engineering computer hardware computer processors
- engineering and technology electrical engineering, electronic engineering, information engineering information engineering telecommunications mobile phones
- natural sciences computer and information sciences artificial intelligence machine learning deep learning
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Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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H2020-EU.2.1.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT)
MAIN PROGRAMME
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H2020-EU.2.3.1. - Mainstreaming SME support, especially through a dedicated instrument
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Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
SME-2 - SME instrument phase 2
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Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) H2020-SMEInst-2016-2017
See all projects funded under this callCoordinator
Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
90100 Oulu
Finland
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.