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Smart devices in Flanders
Smart devices are becoming ever more present in our lives, changing the way we live, work and communicate with our environments. As such, a great number of sectors – all strong in Flanders – drive, support and are enabled by new developments in smart technology. A few examples
Searching for smart success? Flanders has everything you need – a connected society, superior infrastructure, high-quality universities and centers of expertise – and much more.
SpotCrowd: smart devices detect shoplifters
A state-of-the-art surveillance solution that relies on the crowd to source watchful eyes in retail stores. It sounds like science fiction, but key strategic research center imec recently announced its support of the SpotCrowd project, which uses cameras, smart devices and intelligent algorithms and registered users to spot suspicious activity via their smartphones. Even more, the technology will feature irreversible, real-time anonymization technology to address privacy concerns.
Every one of Flanders’ 5 universities and a large number of its university colleges provide targeted coursework as well as bachelor’s and master’s degrees in relevant fields, such as computer science, network technology, engineering, information technology and others.
Companies setting up or managing their activities or headquarters in Flanders can reap the rewards of:
- various government grants and subsidies for transformation, ecological, R&D and growth investments;
- unique tax incentives for various types of business activities and investments;
- a set of employment subsidies to further reduce your salary costs as well as fiscal remuneration advantages;
- a number of funding options to help you get off the ground.
Flanders offers incentives to companies engaging in intensive research and development activities. Examples include:
- investment deduction for R&D – 13.5% of acquisition value/qualifying asset or 20.5% of the depreciated amount;
- exemption of payment of 80% – of the personal income withholding tax of researchers in certain scientific fields;
- innovation income deduction – up to 85% of a firm’s net earnings from innovation is tax exempt.