CORDIS · 744621 · H2020

VirtualNet VirtualNet

Coordinator: OPTITOG EHF. (IS)

Over 50% of all wild fish landings in Europe, both in term of weight and value, is caught using trawl fishing gear. The trawler industry faces major challenges due to high cost of energy, by-catch, damaged escape fish and high carbon footprint. The biggest problem is exerted on bottom trawling (2/3 of all trawling), rightly criticised for damaging the seafloor habitat, exposing the industry to a reputation risk with potential loss of markets and a proposed EU/international ban. The objective of the start-up company Optitog is to instigate and benefit from a paradigm shift in trawl fishing. Th…

EU contribution
€50k
Total cost
€71k
Period
2016-12-01 → 2017-05-31
Framework
Horizon 2020 (2014–2020)
Funding scheme
SME-1
Call
H2020-SMEInst-2016-2017
Status
CLOSED

About Horizon 2020 (2014–2020)

Horizon 2020 was the EU's flagship research and innovation programme for 2014–2020, with a budget of around €77 billion. It bundled FP7's strands with the EIT and the Competitiveness and Innovation Programme, introduced a stronger societal-challenge orientation, and pushed the funding logic toward closer-to-market innovation. New calls closed in 2020 but funded projects continued through 2024.

Co-funding: the European Union contributes €50k toward a total project budget of €71k — a funding rate of 70%, with the remainder covered by the consortium partners. The project runs over approximately 0.5 years from 2016-12-01 to 2017-05-31.

Full record on CORDIS — partners, deliverables, publications, news.

Open on cordis.europa.eu → Grant DOI ↗

Frequently asked questions

Who funds this research project?
This project is funded by the European Union through the Horizon 2020 (2014–2020) programme, under the SME-1 funding scheme.
What is the EU contribution?
The European Commission contributes €50k toward a total project budget of €71k.
Which EU programme funds it?
The project is funded under Horizon 2020 (2014–2020), call H2020-SMEInst-2016-2017.
Who coordinates the project?
The project is coordinated by OPTITOG EHF. (IS).
What is the project timeline?
The project runs from 2016-12-01 to 2017-05-31 — approximately 0.5 years.
Where can I find the full project record?
The complete record — partners, deliverables, publications and news — is published on CORDIS under project ID 744621.