Apply until:
Funding up to:
If you are:
August 15, 2024
€100 000
Startup; SME
Industry:
Any
Short description:
With a total investment of €1 million, the project seeks to involve organizations in creating an inclusive XR teleconference system that extends its functionalities and assesses the social impacts of XR technology adoption. Successful applicants will receive up to €100,000 per project to support development, integration, and validation efforts over a nine-month period.
Eligibility Criterias:
Selected startups, SMEs, and research organizations will receive a grant of up to €100,000 per project, non-diluting, meaning it does not require giving up equity. This funding supports the development, integration, and validation of innovative XR teleconference solutions. The focus areas include enhancing the functionalities of the XR platform, creating new modules, and assessing the social impacts of XR technology.
Beneficiaries will also receive technical and business support through tailored workshops and mentorship programs, aiding in the growth and scalability of their solutions. Regular evaluations will ensure that projects meet predefined objectives and key performance indicators (KPIs), such as improved user engagement and successful feature integration. Tailored services will support the delivery and expansion of pilot activities, including technical guidance and user feedback integration.
Funds are disbursed in three lump sums based on the delivery of project reports and evaluations: 40% after contract signature and delivery of the detailed project implementation report, 40% after the intermediate report at month 3, and 20% after the final report at month 9. All activities must comply with relevant data protection and ethical guidelines, particularly GDPR, to ensure privacy and security.
Projects must address one of the following areas: industrial maintenance, remote technical training, business meetings with XR, or extended reality innovations in various sectors. Each solution must utilize the CORTEX2 platform, be rigorously tested and evaluated, and include a detailed project proposal outlining how it will meet the objectives and requirements of the selected challenge area.
LookFundings helps Startups and SMEs access equity-free EU Grant funding without the operational burden. We manage the full Grant application process: from strategic Grant matching, technical proposal writing to submission and administration. We handle the bureaucracy, so you can focus on building your business.
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Meet Our Core Team
Get to know our dedicated team of professionals at LookFundings. Meet our EU funding experts who are passionate about helping you navigate the world of funding opportunities.

Gedvinas Nemickas
EU Projects, Managing Partner
9+ years of experience in the deep tech sector. Responsible for the preparation and management of innovative EU projects.

Mindaugas Šabanskas
Operations, Partner
12+ years of experience in managing business operations. Ensures smooth internal workflows, optimizes processes, and coordinates project execution to meet both client and EU requirements.

Akvilė Macijauskaitė
Business Development, Partner
8+ years of experience in developing and implementing effective sales & marketing strategies for tech-driven businesses. Responsible for preparing detailed business plans and go-to-market strategies for EU projects.

Dovilė Šabanskienė
Finance, Partner
10+ years of experience in managing financial operations for EU-funded projects. She specializes in budgeting, financial reporting, and compliance, ensuring that all projects meet EU financial standards.
Why Lookfundings
Specialized & Focused
We work with individuals, startups, and small-medium enterprises, it allows us to offer best-fitting grants for our clients
up to 100% intensity
Our published funding calls have up to 100% funding intensities
New grant opportunities
You will find constantly updated EU grant opportunities on our website
9+ years of experience
Experienced team of scientists and engineers, perfectly understand difficult project ideas of our customers
50 000 Eur - 5 000 000 Eur
Funding grant sizes you will typically find on our website
It's not a loan
It's grants, not loans, if you successfully implement the project, you do not need to give back money
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