As a result of its Horizon 2020 application, Transmetrics was awarded a Seal of Excellence certificate for the 3rd time in the history of our company.
The project proposal by Transmetrics was called “CargoMax” and it described Transmetrics’ plans to develop a cloud-based predictive logistics solution enabling the decarbonization of the freight/logistics sector. CargoMax web platform would give small European trucking companies (with an average fleet of 20 trucks) access to predictive data to find the routes on which they will most likely have cargo on their return trip. The application scored as a high-quality project proposal in a highly competitive evaluation process by a first-class evaluation system engaging independent international experts.
The Seal of Excellence is awarded to those proposals that have successfully passed the stringent selection and award criteria (excellence, impact, quality, and efficiency of implementation) under the Horizon 2020 program. Since its launch in October 2015, more than 3000 small and medium sized enterprises (SMEs) have received the Seal of Excellence, the EU’s quality label marking first-class innovative ideas worthy of investment.
The initiative was announced exactly a year ago by Carlos Moedas, European Commissioner for Research, Science, and Innovation, and Corina Creţu, European Commissioner for Regional Policy, at the European Week of Regions and Cities in Brussels.
About Horizon 2020
Horizon 2020 is the biggest EU Research and Innovation programme ever with nearly €80 billion of funding available over 7 years (2014 to 2020) aimed at securing Europe’s global competitiveness. It promises more breakthroughs, discoveries, and world-firsts by taking great ideas from the lab to the market. By coupling research and innovation, Horizon 2020 is helping to achieve this with its emphasis on excellent science, industrial leadership and tackling societal challenges. The goal is to ensure Europe produces world-class science, removes barriers to innovation and makes it easier for the public and private sectors to work together in delivering innovation.