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.

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

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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