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GEO

Green Efficient Outboards

Total Cost €

EC-Contrib. €

Partnership

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Outcomes and
results

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.

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

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 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.	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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Send me an email (fabio@fabiodisconzi.com) and I put them in your project's page as son as possible.

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