Objective
OC-Tech solution has been developed by OCEAN CLEANER TECHNOLOGY S.L. (OCT SL) (Spain), constituted as a company in 2013 after developing the Spanish patent “Pollution control vessel”. We have developed our innovative OC-Tech in order to contribute to the cleaning-up and surveillance of the EU maritime and fluvial domain.
OC-Tech is a new vessel for recovering hydrocarbon spills (15 tons/hour with a separation rate of 70-80%) and being also able to deal with algal blooms, jellyfish infestations and flotsam. OC-Tech has a large deck for transporting personnel (until 12 passengers) and loads (1,500kg/m2). It is versatile and is able to work on ports, inshore, open sea and rivers during 48 hours without stopping due to our unique bagging system. Further, is easy to transport to the area affected thanks to its lower weight and modular design.
OC-Tech makes an attractive investment because of its competitive price and due to its wider range of applications, including MARPOL services. OC-Tech 10m has a market price of €350,000 and OC-Tech 20m, €1,600,000 (25% lower than current alternatives). OC-Tech has also low operating and maintenance costs (55% of savings) compared to competitive solutions for fuel savings and hours actually worked per worker.
During Phase 1 execution, we will develop a Feasibility Study including a Business Plan to assess the technological, commercial and financial viability. The general objective is to bring to the market our OC-Tech by March 2019. OC-Tech will be highly profitable by 2023 with total revenues of €21,55M and cumulated profit of €10,344,000 by selling 32 units in total until 2023. We have invested €250,000 until now and we will invest €2.8M more to put OC-Tech into the market. Considering a total budget of €3.05M the Return of Investment of the OC-Tech project will be 2.39.
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.
- natural sciences chemical sciences organic chemistry hydrocarbons
- natural sciences physical sciences classical mechanics fluid mechanics fluid dynamics computational fluid dynamics
- engineering and technology environmental engineering energy and fuels
- social sciences sociology social issues unemployment
- engineering and technology mechanical engineering vehicle engineering naval engineering
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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.3.4. - SOCIETAL CHALLENGES - Smart, Green And Integrated Transport
MAIN PROGRAMME
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H2020-EU.2.1.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT)
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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-2016-2017
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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.
11500 EL PUERTO DE SANTA MARIA
Spain
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.