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TARASÓL - The pioneering bio-marine liposomal Sunscreen released to the skin upon sunlight exposure

Objective

Every human being from developed countries have beauty and personal care products, with a recent study showing French women use on average 18 cosmetics every day, which translates into an exposure of more than 100 chemicals daily. Unfortunately, many chemicals present in these products such as parabens or phthalates cause undesirable toxic effects in humans and the environment, leading to distressing medical issues like contact urticaria, endocrine disrupting effects (which may lead to cancer) or decreased male fertility. Moreover, despite the systematic use of sunscreen which is vital to prevent the harmful effects of prolonged sunlight exposure, many UV filter molecules still present toxicity issues themselves. TARAMAR was founded in 2010 with the aim to design, develop and commercialize all natural and risk-free cosmetic products. With TARASÓL, TARAMAR will deploy to the European market the first synthetic and toxicity-free scientifically-based organic sunscreen lacking adverse effects. TARASÓL is the result of years of basic research and technology transfer efforts that have led to a prototype incorporating three main innovations: a seaweed-based UV-filter with high protection against sunlight; a fully natural formulation and production process that circumvents the use of conventional preservatives and solvents and finally, a liposome-based delivery system equipped with an open mechanism that stabilizes and releases the bioactive UV filter upon sunlight exposure. Given the organic personal care and cosmetics global market is estimated to grow at a CAGR of ~10% per annum (with an estimated value of €17 billion by 2022), and the specific segment of organic sunscreens is calculated to be worth nearly €200 million per annum, TARASÓL is expected to be a commercial success, increasing the company’s revenue from €0.16 (in 2016) to €5.52M and allowing to double the number of jobs (14) by year 2023.

Fields of science (EuroSciVoc)

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Programme(s)

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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.

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.

SME-1 - SME instrument phase 1

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Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) H2020-SMEInst-2016-2017

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Coordinator

TARAMAR EHF
Net EU contribution

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.

€ 50 000,00
Address
MIONESTORG 3
245 SANDGEROI
Iceland

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SME

The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.

Yes
Region
Ísland Ísland Landsbyggð
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Links
Total cost

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.

€ 71 429,00
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