EndeF obtains Phase 1 of the H2020 Program SME Instrument
It is being a great year for EndeF, in the open call for the 2016-2017 biennium, we have been one of the companies that have obtained financing for Phase 1 of the H2020 SME Instrument program. In this call, more than 2,500 proposals from all over Europe were presented. This program, designed and developed by the European Commission, aims to support all those small and medium-sized companies in transforming innovative ideas into products and/or services with a high degree of growth so that their internationalization process is affordable and effective.
After an exhaustive selection process, our proposal, based on the development of the innovative ECOMESH hybrid solar panel, was approved and awarded with the € 50,000 that this Phase 1 represents.
The objective that we pursued when requesting and presenting our proposal was focused on different key aspects, such as the automation of the manufacturing line, the inclusion of sensors in it and the total approach to Industry 4.0. With all of this, our capacity and potential executing the business strategy and the approach to its internationalization are strongly reinforced. In short, this Phase I allows us to “think and act bigger” regarding our flagship product, the ECOMESH hybrid solar panel, the most efficient on the market, capable of simultaneously producing electricity and heat.
Although the announcement of this recognition was notified to us already in January 2018, it is not until the 30th of this month the date on which the term for the delivery of the justification of the proposal ends.
Furthermore, beyond the funding received from the European Commission, receiving this aid has generated considerable notoriety at the community level, making many other companies and associations have set their sights on us. This is the case of some events that have chosen to invite us such as, for example, the StartUp Olé fair, held this week in Salamanca and which we attend as exhibitors and as participants in the “pitch competition” that will take place from tomorrow. There we will have the opportunity to meet 520 innovative startups and 80 investors from all over the continent.
This is what we are. We are Energy. We are EndeF.