The Eurostars PROLOG project has allowed Thin Film electronics, a leading company in the sector of printed electronics to access a special fund of 0.8 million euro in order to bring its technologies to the commercial stage. An additional sum of 0.6 million euro will be directed to its partners within the project Acreo and the Santa Anna IT Research Institute. Printed electronics is a novel technique allowing to apply electronics to any surface and device.
“We are pleased that Eurostars has recognized Thinfilm’s technology leadership in printed electronic systems,” said Dr. Davor Sutija, CEO of Thinfilm.
'THE WALL STREET JOURNAL NAMED THINFILM AS RUNNER-UP FOR THE WALL STREET JOURNAL TECHNOLOGY INNOVATION AWARD.'
Eurostars is a pan-European funding Programme involving funding agencies from 33 European countries together with the European Commission. It has been specially designed for research-performing small and medium-sized companies. Those companies are awarded public financing through a selection process taking place twice a year. The consortium formed around the PROLOG project has received a top 10% rating among submitted project proposals on the last Eurostars call.
"Since the Eurostars Programme was introduced in 2007, the demand for funding has increased dramatically. 750 applications are submitted each year, and only projects that are at the forefront of innovation are funded," says Bjørn Henriksen, Senior Adviser, Division of Innovation, Eurostars at the Research Council of Norway.
Thinfilm has recently received significant cross-industry recognition. In October, Thinfilm won the World Technology Award and The Wall Street Journal named Thinfilm as runner-up for the Wall Street Journal Technology Innovation Award.