FIT GRANTS A TECH SEED LOAN OF CHF 100’000 TO SPARROW ANALYTICS AND ITS URBAN ENVIRONMENT ANALYSIS SYSTEM
Foundation of Technological Innovations in Canton Vaud, has confirmed its support to Sparrow Analytics with grants for economical growth and product improvement.
The Foundation for Technological Innovation (FIT) has been helping startups since 1994. It encourages entrepreneurship, supports innovation and bolsters the local economy by providing appropriate financial assistance. The FIT grants help to projects that possess an innovative or technological character and those tied to a university in the county of Vaud (i.e. HES, EPFL, Unil, HEIG-VD…) . In order to complete all of the criteria, the projects are also expected to have high chances of success in creating or developing a company.
The FIT supports the projects based on ICT, cleantech, life science, industry and digital (since 2018) at different development stages. Additionally, the rankings of the Top 100 of the best swiss startups regularly notices the supported firms by the FIT monopolizing the very top. In 2019, they were 20.