Welcome to Sitemark’s SMEI H2020 Project Site

This project has received funding from the European Union’s Horizon 2020 research and innovation programme under grant agreement No 829384

Welcome to Sitemark’s SMEI H2020 Project Site

The Horizon 2020 SME Instrument offers Europe’s brightest and boldest entrepreneurs the chance to step forward and request funding for breakthrough ideas with the potential to create entirely new markets or revolutionize existing ones.

Out of 1,658 proposals submitted from all over Europe, Sitemark is one of sixty-three organizations (the only from Belgium) receiving this funding.

About Sitemark

Founded in Belgium, Sitemark is a world-leading Aerial Data Analytics company active in +30 countries within the Energy, Mining, Agriculture and Construction industries. Sitemark enables enterprises to deploy drones and aerial data at scale while enabling their digital transformation strategy.

Sitemark continues to establish itself in the Aerial Data Analytics industry and used by some of the worlds Fortune 100, 500 and 1000 companies such as Vinci, Engie, Bouygues, Orix among others. Within the Energy, Mining, Agriculture and Construction industries, Sitemark has helped their customers reduce and streamline costs, avoid project delays, and manage large portfolio projects across the entire life cycle of the site.

About SME Instrument Horizon 2020 Project

Simplifying Aerial Intelligence

Prior to the commencement of the H2020 SME project DroneGrid (aka Sitemark since May 2018) was already in discussions with some of Europe’s leading enterprises within Construction (Roads and Bridges), Energy (Solar and Wind) and Mining (Equipment Inspections and Open Pit Mining).

Trial projects were planned throughout the development and commercialization phase of the Sitemark solution over a 24-month project period. This was done primarily to ensure high product/partner satisfaction, strong overall product/industry fit. Another reason for performing projects over multiple test sites in different locations was to ensure adequate data was being gathered to train the machine learning algorithms during the course of the H2020 SME project.

Receiving this funding is a great vote of confidence by the EU and it makes us very proud and resolute in our commitment towards innovation and growth. This funding will be used towards developing new solutions for inspections of vertical structures within the existing 3 industries where Sitemark operates: Mining, Construction, and Energy. Examples of where our solution is currently deployed include the building of some of the largest wind farms in Africa, an inspection of complex conveyor belt structures in Europe’s largest open-pit mine, and construction monitoring on the A7 and A9 highways in Germany.

Vishal Punamiya, CEO

The funding will go towards establishing a local presence in markets like India, Japan, Australia, and the US. These countries are becoming some of Sitemark’s key markets outside of Europe. Additionally, our team in Europe will be welcoming an additional 8 to 10 new talented individuals to our already growing team to further support the companies new ambitions.

About SME Instrument

The EIC Accelerator (SME Instrument) is a public funding program that funds risk innovation in small businesses. It funds market-creating innovation in disruptive small businesses that have significant growth potential and global ambitions. The EIC Accelerato (SME Instrument) is part of Horizon 2020 – the EU’s 80 billion € funding programme for Research and Innovation for 2014-2020.

Only the most innovative companies get selected. Until now, out of over 50,000 applicants, 4,500 companies have been funded. This shows how intense the competition is under the program and demonstrates the high quality of the proposals funded. 25% of the companies funded under the EIC SME Instrument are in the 10% fastest growing companies in Europe according to Venture Radar.

Companies receive up to € 2.5 million to bring their innovation to the market, free coaching and support in commercialization – like facilitated access to overseas trade fairs.

Events 2019

Solar Asset Management North America - March

UAV Expo Amsterdam - April

Solar Asset Management Japan - May

Intersolar Germany - June

Solar Asset Management Australia - July

Intergeo Germany - September

Solar Power International - September

UK Construction week - October

Events in 2020

Making Solar Bankable Amsterdam - February 2020

PV Operations Europe - March 2020

ConExpo - February

Solar Asset Management Europe (Virtual) - November

Solar Asset Management Australia (Virtual) - November

Solar Market Parity Spain (Virtual) - December

About Horizon 2020

Horizon 2020 is the biggest EU Research and Innovation program ever with nearly €80 billion of funding available over 7 years (2014 to 2020) – in addition to the private investment that this money will attract. It promises more breakthroughs, discoveries, and world-firsts by taking great ideas from the lab to the market. https://ec.europa.eu/programmes/horizon2020/