Objective
The proposed feasibility study respects to a project to develop, manufacture and commercialize worldwide of an ultra-compact, self-powered, electronic solid-state device for optimized soft-starting and steady-state performance improvement of fixed-speed three-phase squirrel-cage induction motors, by means of a novel automatic load-based stator winding connection-mode management technique. It also performs advanced motor protection and fault diagnosis. One of the most disruptive features of the proposed device is that it can be installed inside the motor terminal box. In can potentially be installed in more than 100 million of induction motors worldwide, replacing the obsolete electromechanical star-delta starters and compete with electronic soft-starters. From a conservative perspective, it is estimated that the World market for this device can reach 7500 M€/year in revenues, being an excellent business opportunity. Furthermore, the proposed technology is in line with the general trend toward solid-state solutions due to the inherent higher reliability. The device manufacturing will be outsourced, but the design and commercial exploitation will be fully managed by OptiSigma. “SME Instrument - Phase 1” funding will be used to produce a complete feasibility study in which the technical, economic, financial and commercial aspects are analyzed in detail, offering key information regarding the design, construction, certification, IP management, manufacturing and commercialization of the proposed product, as well as a market assessment in terms of dimension and risks. A detailed well-grounded business plan, SWOT analysis and a business model will be also included in the final feasibility report. The results will be used to prepare a proposal for “SME Instrument - Phase 2”, as well as to start private fund raising actions.
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.
- social sciences economics and business business and management business models
- natural sciences computer and information sciences software software applications
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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.
3040-316 COIMBRA
Portugal
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.