Opendata, web and dolomites

GEO

Green Efficient Outboards

Total Cost €

0

EC-Contrib. €

0

Partnership

0

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 GEO project word cloud

Explore the words cloud of the GEO project. It provides you a very rough idea of what is the project "GEO" about.

sold    parties    commercializing    execute    usps    active    leadership    distributor    expertise    torque    operation    2017    times    governmental    durability    2014    innovative    named    hp    demand    complete    advantages    benefits    propulsor    mobility    green    roi    recreational    45    perfect    risk    revolutionary    emission    10    billion    commercial    estimation    transport    plan    match    150    feasibility    strategy    combination    accelerating    oxe    3rd    superior    craft    pursue    barriers    diesel    parallel    overcome    ab    suited    owners    reliability    sme    chosen    cooperation    outboard    annually    business    longer    outboards    world    units    400    patented    acute    primary    vast    opportunity    savings    ip    market    launch    2020    gasoline    transportation    expectancy    efficient    motor    15    marine    environment    break    geo    successful    cheaper    120    cimco    life    curbing    automotive    replace    fuel    job    belt    supply    moderate    evaluation    downs    consuming    series    expanding   

Project "GEO" data sheet

The following table provides information about the project.

Coordinator
CIMCO MARINE AB 

Organization address
address: METALLGATAN 19 A
city: ANGELHOLM
postcode: 26272
website: n.a.

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Sweden [SE]
 Project website http://oxe-diesel.com/
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.3.4. (SOCIETAL CHALLENGES - Smart, Green And Integrated Transport)
2. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument)
 Code Call H2020-SMEINST-1-2015
 Funding Scheme SME-1
 Starting year 2015
 Duration (year-month-day) from 2015-09-01   to  2016-02-29

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    CIMCO MARINE AB SE (ANGELHOLM) coordinator 50˙000.00

Map

 Project objective

Cimco Marine AB aims to pursue a major business opportunity by commercializing an innovative diesel outboard series, named “OXE” with superior USPs and high ROI. The product is based on an efficient automotive motor in combination with a revolutionary patented “Belt Propulsor Unit”, curbing the diesel motor´s torque (not possible before).

The main advantages of OXE are: 30-45% fuel savings (cheaper operation, less emission and increased range); reliability (less break-downs) and durability (20 times longer life-expectancy). With no similar products on the market the primary goal for OXE is to replace current fuel consuming, high emission gasoline outboards (150-400 HP) in the governmental, commercial and recreational craft marine market world-wide.120 000 outboard units are sold annually (€ 1,5 billion). Cimco´s goal is to supply 10% of the commercial market by 2020. A moderate estimation due to the expected demand and benefits.

The project is a perfect match to IT-2014/15 as it addresses challenges such as improving transportation, mobility and environment in parallel with accelerating growth, leadership and creating new job in Europe. The overall objective of the GEO (Green Efficient Outboard) project is to overcome pre-commercial barriers in order to launch OXE in 2017.

The objectives in this feasibility study will include e.g. improved business plan, IP strategy, distributor and production partner evaluation, technology risk reduction and a project plan to complete and demonstrate OXE (in phase 2). Cimco will execute the project in cooperation with their active owners (having vast expertise in expanding SME´s and Marine transport) and chosen 3rd parties well suited to support this project in a successful way.

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The information about "GEO" are provided by the European Opendata Portal: CORDIS opendata.

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