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.

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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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