Horizon 2020 Grant for bondura® technology AS
In 2014, the European Union (EU) established the Horizon 2020 program to support small and medium size European companies in their efforts to commercialize technology in new markets. Horizon 2020 is intended for companies with groundbreaking technology that can make a profound difference in the world.
After a careful screening process, only a handful of companies are selected for this exclusive program every quarter. In the first quarter of 2018, only 96 of a total of 2260 applicants in 21 different countries were selected for funding.
Bondura Technology is very proud to announce that we are of the few exclusive companies selected for the EU Horizon 2020 grant (grant agreement No 849085)
This grant selection confirms that the bondura® pivot pin technology is a cutting-edge technology designed to solve a common problem with standard cylindrical pin connection; a problem that can have a dramatic effect on the productivity in all general industries, such as mining, construction, port handling etc.
bondura® pivot pin technology is a proven technology within the oil & gas, offshore and maritime industries and has been used by market leaders for over 30 years.
As part of the Horizon 2020 project, Bondura Technology will target a range of onshore industry markets. With this, we will bring the benefits of using bondura® pivot pin technology, currently primarily enjoyed by the offshore industry, to new markets across the world.