VIGO SYSTEM S.A.

Technology

Technological Loan

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In October 2012 VIGO System S.A. was awarded a technology bonus promise by BGK (Bank Gospodarstwa Krajowego) and signed agreement to grant Technological Loan. Since 2009, Technological Loan Fund has been a part of the Innovative Economy Operating Program (IEOP), co-financed by the European Regional Development Fund. The Technological Loan might have financed investments consisting in implementing a new technology (not older than 3 years) in the form of industrial property rights, an R&D service or non-patented technical know-how. The technology should have facilitated production of new or significantly improved goods, processes or services.

The aim of the VIGO System’s project was to implement new technologies through creating production feasibilities to implement new products – optoelectronic devices. Those technologies were developed in VIGO System as a result of R&D works as a non-patented technical know-how.

Within project VIGO System has implemented five new technologies that resulted in five new and two significantly improved goods – new detectors and optoelectronic devices.

The technology bonus co-financed part of our eligible costs: the purchase of measurement and control devices, machines and construction of our new laboratories, where production of the new and significantly improved goods is placed. Total cost of the project amounted 5 609 244 PLN, eligible cost: 5 012 182 PLN and co-financing from EU: 40% of eligible cost was 2 004 484 PLN.

BGK promotional video - http://www.youtube.com/watch?v=Lr2bqdcHbnQ