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ProZero - carbon based fast boats for professional use

Objective

Tuco Yacht Værft ApS (TUCO) aims to pursue a major market opportunity by developing and commercializing carbon fibre
fast boats for professional use based on a flexible and simple production platform.
Carbon excels from the other materials, especially due to the highest strength/weight relationship, which among others,
results in: savings on fuel, significant reduction of greenhouse gas emissions, larger operational range or faster boats.
Although carbon has been successfully deployed in other vessel types, such as fast ferries, recreation and high-end racing
yachts, the usage of carbon remains unproved in the market of fast boats for professional use. The commercial shipping
industry is very conservative and it is thus necessary to demonstrate the benefits of carbon fibre in the targeted market
before large-scale commercialization.
With ProZero project, TUCO will overcome prevailing market and entry barriers by partnering with key stakeholders and
building solid reference cases. In addition, we will offer a full product range – the ProZero boat series - that can be built to
order on a simple platform (using same tools) reducing the required initial investments of the whole series. The
accomplishment of the project objectives will represent a significant business opportunity for TUCO, with an expected
turnover of 23 Mio EUR, 5 years after commercialization.
The SME instrument funding plays an important strategic role in the future business development of TUCO. After assessing
the feasibility of ProZero in the SME phase 1 project, we intend to pursue our strategic vision of introducing a new line of fast
boats for professional use to the market.

Fields of science (EuroSciVoc)

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Programme(s)

Multi-annual funding programmes that define the EU’s priorities for research and innovation.

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.

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.

SME-2 - SME instrument phase 2

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Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) H2020-SMEInst-2014-2015

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Coordinator

TUCO YACHT VAERFT APS
Net EU contribution

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.

€ 1 802 187,63
Address
KROGSBJERGVEJ 2
5600 Faaborg
Denmark

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SME

The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.

Yes
Region
Danmark Syddanmark Fyn
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Links
Total cost

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.

€ 2 574 553,75
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