CIXI recently took part in the "First Factory" call for projects organised by the French government as part of the France 2030 Plan. This plan aims to accelerate the emergence, industrialisation, and growth of start-ups, to position France as a leader in the world of tomorrow. The excellent news is that the government has selected CIXI's application and awarded our Chainless Pedaling System project funding to support the development of our first plant, located near Annecy. This support, which underlines the government's commitment to technological innovation to make France ever more competitive, - in tune with today's challenges, yet looking to the future -, is real recognition of all the work undertaken by our company to create mobility solutions that are both active and sustainable.
From fundamental research to the emergence of an idea to the production of a new product or service, France 2030 supports the entire life cycle of innovation, right through to its industrialisation.
The aim of this call for projects is to encourage the emergence of ambitious projects in line with the France 2030 vision and "to accelerate the emergence of the first industrialisation successes by innovative industrial start-ups, SMEs or intermediate-sized companies, with the help of subsidies and repayable advances that should enable private capital to be brought on board or supplemented" (France 2030).
After 7 years of R&D and the patenting of the Chainless Pedlaing System, CIXI needed to embark on the road to industrialisation of its active mobility solutions. We, therefore, applied to the "First Factory" call for projects under the France 2030 plan as an innovative start-up in the transport sector, with projects that contribute to decarbonising the economy. While our objectives seemed to us to be entirely in line with those of the France 2030 Plan, we still had to present our assets in a serious, demanding, and determined manner.
We are convinced of the need to promote the emergence of light active electric mobility in Europe. A new kind of mobility, which contributes to a cultural change that must give pride of place to a physically active lifestyle that respects the planet and is therefore attractive to as many people as possible.
Pierre Francis, Founder & CEO of CIXI
Enough to convince France 2030 to support CIXI, our innovative company based in the Haute-Savoie region?
We were delighted to receive a favourable response from the French government to our "First Factory" application. This is both proof of the government's confidence in our project and in our ambitions, and a real recognition of years of R&D and strong investment by all the CIXI teams, encouraging us to go even further.
Obtaining this award is an honour and a recognition of the quality of our team. It's a clear sign of the confidence the government has in the project we're working on, which is reflected in the celebration of our efforts. This recognition is a real boost for the long term and opens many doors for our company, thanks in particular to the financial support provided by France 2030.
Nina OMEROVIC BECCALLI, CFO & Business Operations Director, co-founder of CIXI
For the time being, the France 2030 plan will contribute to the production of our Chainless Pedaling System in our brand-new factory in the heart of the Alps. This system will eventually equip our VIGOZ active vehicle and a number of other active vehicles, as we have already done with the development of prototypes in collaboration with LOOK Cycle and Flevobike Technology in particular.
Previously, the VIGOZ project has been recognised with the Deep Tech label as an innovative and disruptive technological project, so France 2030 is a further step towards our vision of more active mobility
,adds Nina OMEROVIC BECCALLI.
As Pierre Francis pointed out in an article published on the Deep Tech website last August, CIXI is aiming for
a business model that promotes a 'design - use - reuse - recycle' cycle for its vehicles. A model based on an annual membership with no ownership encourages us to make vehicles that are designed for the long term by maximising their use by several users. Anticipated sustainability to fight programmed obsolescence!
This funding will enable us to accelerate the transformation of the mobility industry towards more active and environmentally-friendly mobility.
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