Project No. 01.2.1-LVPA-K-856-01-0084 

Planned period of projecimplementation 2020 – 2022 

UAB NFQ Technologies together with Kazimieras Simonavičius University implements the European Union investment project which aims to help customers create a successful business in cooperation with highly qualified specialists. The aim of the project is to create a prototype of the Stovendo Intelligence product by carrying out the necessary research and experimental development activities. The objective of the project is to perform the necessary R&D actions to create a product prototype. 

The project will make a direct contribution to all themes of SMART priority “Information and Communication”: artificial intelligence, big and distributed data, the Internet of Things, multidisciplinary analysis, processing and deployment, cyber security, financial technologies and block chains. 

The project is implemented in accordance with the measure No. 01.2.1-LVPA-K-856 “Experiment” of the Priority 1 “Promotion of Research, Experimental Development and Innovation” under the European Union Funds Investment Operational Programme 2014-2020. The project is financed by the European Regional Development Fund, the eligible amount of the project is EUR 2,321,481.39, the project is allocated up to EUR 1,189,916.68, the rest is financed by the project promoter.