Steyr, Austria, Oct. 12th, 2018 – On 16th October, Solvay, an advanced materials and specialty Chemicals Company, will host a business acceleration event for companies funded by the European Innovation Council pilot. After a thorough selection process, ESS Engineering Software Steyr was one of 22 companies selected to attend this exclusive event at the Solvay Campus in Brussels.
The event is directed at small and medium-sized companies working on breakthrough innovations in the fields of additive manufacturing (3D printing) of polymers, nanocomposites and polymer-based lightweight materials, composites and polymers (part prototyping, virtual engineering, advanced mechanical testing) and smart/functional polymeric materials (e.g. self-healing, electroactive, etc.).
ESS Engineering Software Steyr will have a chance to showcase its innovations in the field of Computational Fluid Dynamics (CFD) to multiple business divisions and engage in one-to-one meetings with Solvay managers, venture capital investors and representatives from other large corporations.
In the last 12 years, Solvay has actively collaborated with start-ups globally to accelerate innovation. “Open innovation is all about finding mutual interest to work together”, explains Stéphane Roussel, Solvay Ventures Managing Director. “A well-defined purpose and clarified roles and responsibilities are key conditions to success. On one side: size, scale, credibility; On the other: agility, creativity, speed… the combination has the potential to move mountains.”
The principles of Open Innovation underlined by Solvay, are aligned with one of the objectives of the EIC pilot: to support active collaboration between innovative small companies and large corporates. “The EIC should be the link between the start-ups and the corporates. By helping start-ups to access partners across value chains. From corporates to investors… and technology providers. At the same time large, corporates should be able to help start-ups to scale-up.”, said in a recent speech, Carlos Moedas, European Commissioner for Research, Science and Innovation.
About ESS Engineering Software Steyr
ESS Engineering Software Steyr develops disruptive software products specialized for automotive and paint shop industry. Located in Steyr, Austria, more than 35 academically skilled workers from 15 nations combine scientific research and industrial application to provide cutting-edge software solutions to renown OEMs and Tier suppliers in the automotive industry. ESS has premises in India and Poland, so as distributors worldwide. The aim of ESS is to define the state-of-the-art with all applications of the ALSIM Platform. ALSIM is a powerful toolbox containing
– MERGE, the only autonomous data cleaning software worldwide.
– PAINT SHOP, explicitly developed since 2003 to help with e-coating, oven, spray, sealing, …
– SENSE, a CFD toolbox with application-based graphical user interfaces everyone can use.
Solvay is an advanced materials and specialty chemicals company, committed to developing chemistry that addresses key societal challenges. Solvay innovates and partners with customers worldwide in many diverse end markets. Its products are used in planes, cars, batteries, smart and medical devices, as well as in mineral and oil and gas extraction, enhancing efficiency and sustainability. Its lightweight materials promote cleaner mobility, its formulations optimize the use of resources and its performance chemicals improve air and water quality. Solvay is headquartered in Brussels with around 26,800 employees in 61 countries. Net sales were €10.1 billion in 2017, with 90% from activities where Solvay ranks among the world’s top 3 leaders, resulting in an EBITDA margin of 22%.
About the European Innovation Council (EIC) pilot
The EIC pilot is an initiative of the European Commission that proposes substantial funding and competitive offerings for innovators regarding access to finance, coaching, and other means of support. The European Innovation Council pilot (EIC pilot) aims to support top-class innovators, start-ups, small companies and researchers with bright ideas that are radically different from existing products, services or business models, are highly risky and have the potential to scale up internationally. The EIC pilot consists of four support programmes including the SME Instrument, Fast-Track to Innovation (FTI), Future and Emerging Technologies Open (FET-Open), and the Horizon Prizes.
ESS Engineering Software Steyr’s project SENSE has received funding from the European Union’s Horizon 2020 research and innovation program under grant agreement No 778627. More information on www.essteyr.com.