- Technology, innovation and Artificial Intelligence projects have a prominent place in Spain’s strategy for distributing EU Next Generation funds.
Pervasive Technologies, a Spanish company expert in solutions for intelligent image processing through Artificial Intelligence, announces its alliance with Leyton, an international consulting firm specialized in innovation financing, with the common goal of advising Spanish companies to develop innovative technology projects in multiple areas with the possible obtaining of these grants.
NextGenerationEU is a program approved by the European Union in June 2020 to boost Europe’s recovery after the crisis generated by COVID-19. It is the largest economic stimulus instrument ever funded by the EU and contemplates an investment of 806.9 billion euros with the aim of achieving “a greener, more digital and resilient Europe”.
The Spanish strategy for channeling these funds was embodied in the Recovery, Transformation and Resilience Plan, through which, from the second quarter of 2021, the different administrations (ministries, autonomous communities and some city councils) are calling for public tenders, bids, subsidies and grants.
Within the framework of the National Artificial Intelligence Strategy and as part of the Digital Spain 2025 agenda, AI is one of the most prominent technological elements. With an estimated total investment of 500 million euros, the aim is to position Spain as a leading country in the application of AI, leading the digital transformation in the business fabric with this technology; promoting the creation of qualified employment, stimulating both national talent and attracting global talent; and incorporating Artificial Intelligence as a factor to improve the productivity of Spanish companies and the Public Administration.
The collaboration between Pervasive Technologies and Leyton, in this context, will greatly facilitate access to the management of these grants to Spanish companies of all sizes, from large corporations to startups, to develop and grow with new technology projects that improve their operations. This will allow companies to automate their processes, improve productivity, enter new markets or develop new services and products with AI-driven technology.
“The basic concept of this collaboration is that Pervasive Technologies offers the technological support to develop advanced technology projects that aspire to be financed with these EU NextGen funds, while Leyton makes available its nearly 25 years of experience facilitating access to grants and subsidies of all kinds to companies and SMEs. This will allow companies, while remaining focused on their core business, to implement digital transformation projects or develop new products and services through innovation with AI,” explains Rodolfo Lomascolo, CEO and co-founder of Pervasive Technologies.
They are currently co-organizing a series of free online seminars. The first one will take place next Friday, September 17 at 10:30 am. The objective is to show first hand how the funds work, what kind of cases can apply and how to start the process to access these grants.
You can register here: Webinar