We congratulate Evoy and Innomar with funding from the EU European Innovation Council (EIC), collectively capturing more than NOK 100 million in funding! The EIC Accelerator (previously know as SME Instrument) is part of the EIC pilot that supports top-class innovators, entrepreneurs, small companies, and scientists with funding opportunities and acceleration services. The funding is a combination of grants and equity targeted for technological development, growth, and scaling.

“We are deeply impressed by the achievements of Evoy and Innomar. Their competent teams have a dedicated focus to develop solutions that make a positive impact on sustainability. We are proud to have them as members of our cluster.” says Nina Stangeland, Managing Director of NCE Seafood Innovation.

Evoy and Innomar both states the importance of the Norwegian innovative ecosystem for receiving the “green deal” funds:

“We are proud and humble to be amongst Europe’s leading “green” startup companies. The support from Innovation Norway has been important to succeed with both the application and the interview in Brussels,” says CEO Leif A. Stavøstrand in Evoy.

“We have previously received financial support from Innovation Norway, the Research Council of Norway, and private investors making it possible to realize this exciting project,” says CEO Tore Halvorsen in Innomar.

Powered by Evoy’s 100% electric propulsion system. Photo: Evoy.

The cluster looks forward to following both companies on their interesting journey ahead and to provide the necessary support through our ecosystem so that both Evoy and Innomar can continue to drive innovation and sustainable growth for the seafood industry.

Seven of the twenty companies that received funding from EIC are Norwegian startups and this demonstrates the power and competitiveness of Norwegian innovation and competence.

The next deadline for applications for EIC funding is October 7th.

About Evoy and Innomar:
Evoy moves electric propulsion into faster planning hull boats. Users will enjoy voyages without noise, smell, pollution and breakdowns. The significantly lower maintenance and usage cost will give owners peace of mind to use their boats like they should – every day. Evoy will deliver the first systems to customers in Q2 2020.

Innomar develops high tech fishing traps which can be equipped with light as an attractor of fish, and sensors for catch monitoring and traceability. The fish traps catch fish in a sustainable manner that is gentle to the seabed. A team of world class researchers develop new tools based on scientific data observation, and their clients are fishermen, fish farmers and distributors.

Making fishing sustainable. Photo: Innomar.

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