Objective
Europe is currently facing a huge and complex challenge when it comes to cleaning its oceans. On one hand, marine litter represents a tremendous environmental problem. Plastics pose a serious threat to all marine animals, as well as to boats and coasts. There are more than 150 million tonnes of plastics accumulated in the world's oceans while up to 8 million tons are added every year. On the other, eutrophication is causing an intensification of harmful algal bloom episodes, which lead to fish die-offs, cities cutting off water to residents, or states having to close fisheries. In the EU the annual cost of those blooms surpasses the €900 million. Municipalities and public authorities in charge of the preservation of the coasts still fail at targeting these issues at the same time because current solutions consist of either simple barges that collect debris in shallow waters or boats that can harvest the undesirable algae but unable to remove litter. Asco Harvester is an Icelandic SME committed to the development of a new family of efficient and sustainable boats that can tackle these two problems thanks to their dual functionality. Our boats can mow toxic algae and clean garbage and other waste from seas and ocean waters simultaneously. ASCO boats exhibit a very high harvesting productivity (40% higher than current harvesters) and are capable of working in difficult areas, such as fjords, open oceans or river canal. In addition, they incorporate a very efficient module able to capture up to 15 tons/day of plastic and other marine litter. We have implemented a business model based in selling and renting our boats to respond to seasonal demands thus maximising our business opportunity. By the end of 2024 (five years after market launch), we expect to have 70 units in the market: 38 units sold and 32 rented, with an associated cumulative profit of €11.2 M.
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: https://op.europa.eu/en/web/eu-vocabularies/euroscivoc.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: https://op.europa.eu/en/web/eu-vocabularies/euroscivoc.
- agricultural sciences agriculture, forestry, and fisheries fisheries
- natural sciences biological sciences microbiology phycology
- social sciences economics and business business and management business models
- social sciences economics and business economics production economics productivity
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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.2.3. - INDUSTRIAL LEADERSHIP - Innovation In SMEs
MAIN PROGRAMME
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H2020-EU.3. - PRIORITY 'Societal challenges
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H2020-EU.2.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies
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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-EIC-SMEInst-2018-2020
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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.
310 REYKJAVIK
Iceland
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.