Prot-On will participate in Horizon 2020
Horizonte 2020 is the largest research and innovation program being implemented in the European Union. This grant is awarded within the framework of the SME Instrument and the aim of this EU subsidy is to provide funding for the most innovative small companies with high growth potential.
Máire Geoghegan-Quinn, European Commissioner for Research, Innovation and Science, said:
“Innovative SMEs will help get the European economy back on track, creating lasting employment and great products and services. This new instrument is aimed at projects that are truly innovative, with a strong business opportunity and a solid concept to bring them to the market.”
Prot-On, is one of the up-and-coming companies that have been awarded this grant. The aim of the project is to develop a global information security standard which allows cloud storage services to be used with security fully guaranteed and to meet the information security requirements of companies when combined with other solutions.
Prot-On is currently offered on the market as an Information Rights Management (IRM) and Software-as-a-Service solution and its goal is to become the leading multi-platform software for file encryption, permissions management and usage auditing. The number of large companies and SMEs that have used this new technology to date shows that this solution has great potential for global implementation.