Within 5 years, Prototron Fund brought to the market 23 new products

12.09.2017

On Thursday, September 7th, the Prototron Foundation celebrated its five years of work. At the event, partners, alumni, participants of the summer round and the founders of the fund identified the top 10 teams fighting for funding as well as announced the winners who received investments to develop a prototype of their idea.

The winner of the summer round was the hINF team which received 10,150 euros for the creation of the hINF platform. hINF is working on creating a digital support platform that reflects patient’s history of treatment, prescribed by his doctor which will
make it easier to monitor the patient's condition change and will replace 50% of visits with digital consultations, making communication between the patient and the doctor more effective.

Timecode pen team received 9960 euros for developing a device that can be connected to a camera or a voice recorder which generates a temporary SMPTE code by using a GPS. This will substantially facilitate the subsequent processing of audio/video material at the production stage.

A look back at 5 years of Prototron in numbers:

  • 2 200+ ideas
  • 50+ project specialists
  • 30+ mentors
  • 810+ meetings with mentors
  • 162 pitches before the expert council
  • A total of 567,000+ euros worth of investments were provided
  • Participants attracted more than 17.5 million euros worth of funding
  • 23 new products entered the market
  • Participating teams created 120 new jobs

We remind you that the deadline for submitting applications for financing your autumn round project is 15th October. You can apply at http://prototron.ee/en/

Five years ago, the first round of Prototron was announced in the presence of President Toomas Hendrik Ilves and today the results speak for themselves. The fund was founded in 2012 by Science Park Tehnopol, Tallinn Technical University and Swedbank.