Objective
"Elcogen Oy is developing a new Solid Oxide Fuel Cell (SOFC) stack for SOFC systems. Elcogen SOFC stack will provide a combination of better efficiency, longer durability, and lower cost, which none of the competing SOFC stack vendors can offer. These improvements will enable SOFC system manufacturers to compete against other energy production technologies without subsidies and/or tax benefits, and ensure truly environmentally friendly operation.
The overall objective of the business innovation project is successful commercialization of Elcogen’s SOFC stack by early 2017. In Phase 1 the key objective is to verify the technological feasibility and commercial viability of Elcogen’s SOFC stack. Deliverable from the study will be enhanced business plan. Enhancements will be achieved through customer visits and interviews, supplier visits and interviews, market study and tradeshow participation. Feasibility study will also cover commercial supply agreement negotiations with key component suppliers as well as initiating first customer evaluation tests for the stack.
Business opportunities for Elcogen Oy are based on the following key components: stack design is optimized from the beginning for mass-manufacturing using low cost raw materials; stacks lower operating temperature helps system manufacturers decrease system cost; and Elcogen’s innovative business model in the fuel cell industry is to take advantage of specialized manufacturers.
Elcogen’s proposal focuses on topic “Stimulating the innovation potential of SMEs for a low carbon energy system” within Horizon 2020 Work Programme / Societal Challenge ""Secure, Clean and Efficient Energy“.
The IDEAL business innovation project is core to Elcogen’s successful commercialization and market entry, and fits 100% to Elcogen’s strategy. It will support Elcogen to seize 9% market share of global µCHP stack market by 2020, which equals to forecasted annual turnover of 45 MEUR."
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
- engineering and technology environmental engineering energy and fuels renewable energy
- engineering and technology electrical engineering, electronic engineering, information engineering electrical engineering power engineering electric power generation combined heat and power
- social sciences economics and business business and management business models
- social sciences sociology governance taxation
- engineering and technology environmental engineering energy and fuels fuel cells
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Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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H2020-EU.3.3. - SOCIETAL CHALLENGES - Secure, clean and efficient energy
MAIN PROGRAMME
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H2020-EU.2.3.1. - Mainstreaming SME support, especially through a dedicated instrument
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Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
SME-1 - SME instrument phase 1
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Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) H2020-SMEInst-2014-2015
See all projects funded under this callCoordinator
Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
01720 VANTAA
Finland
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.