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New Generation of High Speed FIBRE SPINning machines

Objective

Cogne Macchine Tessili (COGNETEX) and ELETTRONICA GF (EGF)'s FIBRESPIN, is a Phase 1 winning project from the Horizon 2020 SME Instrument. The project consists of the industrialisation and commercialisation of a new technology for textile spinning machine designed for producing spools of wool/cotton fibres.
Based in Imola (Italy), COGNETEX have been manufacturing high quality textile machinery for over 60 years (€4.2million revenues, 30 workers). In order to execute all necessary technological developments, our trusted collaborator, ELETTRONICA GF, an Italian hardware and software manufacturer based in Faenza (€6.2million turnover, 43 employees) has joined us in this project as our partner to develop and exclusively supply the hardware-software embedded systems in FIBRESPIN. Key stakeholders, early adopters are also present, along with an identified list of 120+ clients worldwide from our 270+ customers' portfolio.
Thanks to our innovative design including the use of high-tech materials (ceramic components), an innovative electromagnetic braking system and an advanced electronic control of the whole machine, FIBRESPIN will greatly reduce maintenance downtimes as well as strongly boost productivity, outperforming existing machines (+52% outputs, -57% footprint). An important objective of this project is also to reduce the investment costs (CAPEX) for our customers. FIBRESPIN will let our clients obtain with a 624-spindle machine the same productivity that a traditional 960-spindle one reaches, which translates into more than €35,000 savings/machine. Besides, less spindles means less energy consumption.
As we will see in detail, COGNETEX expects to reach 46,400 spindles sold annually by 2023, representing €8.89million revenues. As exclusive supplier of the electronic parts and systems, EGF will achieve €1.76 million annual revenues by 2023.

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-2016-2017

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Coordinator

COGNE MACCHINE TESSILI SPA
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.

€ 1 324 483,13
Address
STRADA PROVINCIALE SELICE 47
40026 IMOLA BO
Italy

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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
Nord-Est Emilia-Romagna Bologna
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.

€ 1 892 118,75

Participants (1)

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