Objective
Created 13 years ago in Jönköping, Sweden, our company, Inventech Europe AB, is a young entrepreneurial entity, specialized in consulting and technical product development. Our team, made of experts in mechanics, software, hardware, chemistry and physics, allows us to give to our customers’ products new dimensions and added value through an innovative approach, working with the latest technologies through partnerships with world-leading researchers and industrial leaders. Our philosophy is based upon setting the bar with innovative, high quality and reliable products and systems. This has led us, from previous work with textile industries in 2009, to the development of our own disruptive technology which addresses the current problems of the embroidery and textile sector regarding inefficiency, harsh work condition and environmental impact associated with traditional process.
Our project, called ITC (Instant Thread Colouring), will revolutionise these industries by enabling an environmental friendly instant colouring of embroidery threads on demand in a fully controlled and resource efficient way. Using one thread reel instead of several representing each colour will provide increased productivity (+30-35% on average, up to +80% with complicated designs) while offering new colouring possibilities never seen before.
There is no similar product on the market. The commercialization of the ITC technology and associated products will allow us to penetrate and position ourselves strongly in the embroidery sector, aiming to achieve a long term profitability for both our customers and our company: 7.5% share of the global embroidery technology market (€200 million revenues), where the European market represents 25% of it (€50 million revenues), by 2022.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
- natural sciences computer and information sciences software
- engineering and technology materials engineering colors
- engineering and technology materials engineering textiles
- social sciences economics and business economics production economics productivity
- natural sciences earth and related environmental sciences environmental sciences pollution
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Keywords
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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H2020-EU.2.1.2. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies – Nanotechnologies
MAIN PROGRAMME
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H2020-EU.2.1.5. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Advanced manufacturing and processing
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H2020-EU.2.1.3. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Advanced materials
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H2020-EU.2.3.1. - Mainstreaming SME support, especially through a dedicated instrument
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Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
SME-2 - SME instrument phase 2
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Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) H2020-SMEInst-2016-2017
See all projects funded under this callCoordinator
Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
553 18 Jonkoping
Sweden
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.