(NU/1433-31) Signapse Ltd: The Provision of Business Consultancy to Assist Commercialisation of University Research.

Tender description

Our vision is to solve the challenge of automatic sign language translation by using Artificial Intelligence (AI). We will do this by creating an AI platform that uses neural networks and deep learning to: Provide anonymization, consistency, and reliability to sign language interpretation • Generate sign language from text/voice. • Detect and understand sign language and translate to text/voice • Develop an interactive and dynamic product Our mission is to open the world for Deaf people, meaning Deaf people can communicate freely and easily with hearing people and provide access to information where none currently exists. This will be far safer, quicker, and cheaper than the current provision, meeting the UK and the EU Governments’ Green agenda. Lot 1: Newcastle, Sunderland, Northumbria, Durham, Teesside universities together with the University of Bath on behalf of the SETsquared Partnership (the Enterprise collaboration of the Universities of Bath, Bristol, Exeter, Southampton and Surrey) and any other HE Institution that wishes to join this DPS, as detailed in the Office for Students Register, https://www.officeforstudents.org.uk/advice-and-guidance/the-register/the-ofs-register/ will engage suitably qualified and experienced executives through the DPS as and when required over the DPS period. The specific requirements will be detailed in each individual further competition. The typical brief of an executive will be to: (a) Produce a viable business plan; (b) Obtain university approval for the venture; (c) Act for the company in the spin-out legal process and address all company formation matters; (d) Provide to the appropriate university all matters necessary for Research England and ESIF reporting requirements; (e) Secure (venture capital and/or other) funding in accordance with the business plan. This will be a cyclical process throughout the entire Research England, and potential ESIF project along with any additional funding streams.