EEDA ‘proof of concept’ funding for image searching and matching technology


03-08-2007

East of England Development Agency ‘proof of concept’ funding has been awarded to Cambridge Enterprise Limited to support a project to investigate potential markets for edge-profile cluster matching technology which has emerged from the University of Cambridge’s Department of Engineering.

East of England Development Agency ‘proof of concept’ funding has been awarded to Cambridge Enterprise Limited to support a project to investigate potential markets for edge-profile cluster matching technology which has emerged from the University of Cambridge’s Department of Engineering.

The technology is based on algorithms which can extract and compare shape/contours across images. It can accelerate and improve image search and matching. The technology has been patented by Cambridge Enterprise Limited and developed by Dr Nick Kingsbury from the Department of Engineering’s Signal Processing and Communications Group.

Dr Zlatka Stoeva, Technology Associate responsible for commercialising the technology at Cambridge Enterprise said “This is the first ‘proof of concept’ funding we have applied for from EEDA and we are very pleased with our success. The funds will go a long way to fund the market research which will help to identify potential users for this exciting technology”.

Cambridge Enterprise Limited, University of Cambridge
Cambridge Enterprise provides knowledge and technology commercialisation services to University staff and students. Services provided include intellectual property management, bespoke marketing, technology licences and consultancy contracts negotiation. Additionally, Cambridge Enterprise assists in company creation through start-up clinics, one-to-one mentoring, and access to investors, and experienced management and seed capital.

During 2005-06 there were 58 new patent applications filed, 152 invention disclosures were made, and a total of 61 new licences and other commercial agreements were signed. Income from patent and software licences exceeded £3.3m, and demand for academics' technical advice added a further £2.9 million of revenue. £5.3m was distributed to inventors and their departments and four new University spin-out companies were launched.

Further information on Cambridge Enterprise can be found at: www.enterprise.cam.ac.uk

For further information please contact: Shirley Jamieson, Head of Marketing, Cambridge Enterprise Limited Tel: 01223 760 339 email: shirley.jamieson@enterprise.cam.ac.uk

About EEDA
The East of England Development Agency (EEDA) is the driving force behind sustainable economic regeneration in the East of England: Bedfordshire, Cambridgeshire, Essex, Hertfordshire, Norfolk and Suffolk. The vision is for the East of England is to create a leading economy, founded on a world class knowledge base, creativity and enterprise to improve the quality of life for all who live and work here.

EEDA aims to do this by:
1. Setting and shaping the direction of economic development in the region
2. Persuading and influencing others to bring resources together, so that innovative ways of solving challenging economic issues are found
3. Investing in imaginative projects that challenge the norm and will have a significant impact on economic development in the region.

These aims are delivered through the four key areas of Business Support, Enterprise Hubs, Investing in Communities, and Regional Renaissance.

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For further press information
Nick Benham, EEDA Press Office, tel: 01223 484536, email: nicholasBenham@eeda.org.uk
www.eeda.org.uk

 

 

Cambridge Enterprise exists to help University of Cambridge inventors, innovators and entrepreneurs make their ideas and concepts more commercially successful for the benefit of society, the UK economy, the inventors and the University.

Cambridge Enterprise, University of Cambridge