INNengine
Market disruption
At $6.2 trillion, transportation is one of the largest industries in the world. Every year more powertrains are manufactured than people are born in the planet and yet, not even the experts can agree on what the core, the powertrain of such vehicles will look like 5 or 10 years from now.
INNengine is a Spanish start-up founded in 2011 with the goal of reinventing the 150 year old Otto engine concept to face the new challenges brought by hybrid plug in electrification and Hydrogen e-fuels.
This effort resulted in a revolutionary new multifuel engine which positions INNengine at a unique competitive advantage to license its patented ICE technology to the more than 226 million units/year expected by 2027.
Our goal is to lead the global Net-Zero emissions challenge with a focus on Green Hydrogen developments in aviation and electrified REX mobility.
The true REX
Market disruption
At $6.2 trillion, transportation is one of the largest industries in the world. Every year more powertrains are manufactured than people are born in the planet and yet, not even the experts can agree on what the core, the powertrain of such vehicles will look like 5 or 10 years from now.
INNengine is a Spanish start-up founded in 2011 with the goal of reinventing the 150 year old Otto engine concept to face the new challenges brought by hybrid plug in electrification and Hydrogen e-fuels.
This effort resulted in a revolutionary new multifuel engine which positions INNengine at a unique competitive advantage to license its patented ICE technology to the more than 226 million units/year expected by 2027.
Our goal is to lead the global Net-Zero emissions challenge with a focus on Green Hydrogen developments in aviation and electrified REX mobility.
The true REX
EIC Accelerator
The EIC Accelerator supports individual Small and Medium Enterprises (SMEs), in particular Startups and spinout companies to develop and scaleup game-changing innovations. In some cases small mid-caps (up to 500 employees) are supported.
The EIC Accelerator provides substantial financial support with:
- grant funding (non-dilutive) of up to €2.5 million for innovation development costs,
- investments (direct equity investments) of up to €15 million managed by the EIC Fund for scale up and other relevant costs. Companies working on technologies of strategic European interest can apply for EIC investments of more than €15 million.
In addition, EIC selected companies receive coaching, mentoring, access to investors and corporates, and many other opportunities as part of the EIC community.
The 4 experts assigned to the evaluation of our Accelerator step 1 proposal have returned an overall “GO” recommendation: INNengine has passed the first stage.
The next step: preparing our full proposal!
We are in!
EIC Accelerator
The EIC Accelerator supports individual Small and Medium Enterprises (SMEs), in particular Startups and spinout companies to develop and scaleup game-changing innovations. In some cases small mid-caps (up to 500 employees) are supported.
The EIC Accelerator provides substantial financial support with:
- grant funding (non-dilutive) of up to €2.5 million for innovation development costs,
- investments (direct equity investments) of up to €15 million managed by the EIC Fund for scale up and other relevant costs. Companies working on technologies of strategic European interest can apply for EIC investments of more than €15 million.
In addition, EIC selected companies receive coaching, mentoring, access to investors and corporates, and many other opportunities as part of the EIC community.
The 4 experts assigned to the evaluation of our Accelerator step 1 proposal have returned an overall “GO” recommendation: INNengine has passed the first stage.
The next step: preparing our full proposal!
Simplicity
is the ultimate
sophistication.
Leonardo da Vinci
