ENBIO has been selected for an exclusive event with Solvay in Brussels

Dublin, Ireland, 12th Oct., 2018 – On 16 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, ENBIO Ltd. 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.).

ENBIO Ltd. will have a chance to showcase its innovations in the field of metal surface treatment using CoBlast to multiple business divisions and engage in one-to-one meetings with Solvay managers, venture capital investors and representatives from other large corporations.

“ENBIO are excited to present to Solvay through the EIC Pilot program, as we feel our process can further utilize their deep materials expertise, but also enable the wider adoption of some of their current and newer chemistries for release and adhesion markets”, Dr. Barry Twomey, CTO.

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 ENBIO: ENBIO is an SME of 17 people, based in Dublin, Ireland. ENBIO provides surface modification solutions to a wide range of sectors using their patented CoBlast process. These include, space, aerospace, medical and automotive. This process is a clean, room temperature and pressure, powder based process.

About Solvay

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%.

ENBIO Ltd. will have a chance to showcase its innovations in the field of metal surface treatment using CoBlast to multiple business divisions and engage in one-to-one meetings with Solvay managers, venture capital investors and representatives from other large corporations.

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.

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