Objective
Intale is an early stage high risk innovative SMEs in the ICT sector, applying new sets of rules, values and models which optimize the way in which key stake holders in the fragmented sales channel do business.
Intale, formerly known as i-kiosk in the Greek market, was initially named after its award-winning cloud-based PoS product for small retail shops. Intale has currently reached a critical-mass of users in Greece, evolving into a small-scale ERP and is installed in 400 points in Greece, accounting for 40 million annual transactions worth €150 million.
Intale aims to disrupt small retail market forever, unifying the whole value chain. It offers store owners an easy-to-use PoS software that replaces outdated, inefficient cashier systems and streamlines daily operations to improve efficiency. Meanwhile, it provides market research firms with a convenient source of consolidated sales data from this previously fragmented PoS network, and consumer brands with access to real-time sales data and analysis from individual PoS to improve sales and marketing efforts. Ultimately, Intale enables the end consumers to extract more value from their local stores with promotional offers from their favourite brands, as well as convenient e-payment services.
BIRD project is positioned to maximize initial traction and market momentum of i-kiosk and lead the next phase of development for the company. Currently, Intale employs 10 people, has already received 325,000 euros funding from Greek VC EIF Partners and has secured a second seed round of 450,000 euros.
During Phase 1, it will elaborate a business plan that leverages its current technology and user-base, providing a dual Product & Data-as-a-Service business model. Thus, using Greece as a solid proof of concept, Intale envisions fast market-uptake (six international markets in 2016) and lead in the landscape of small retail worldwide, achieving a valuation of over €120 million by 2019 and employing more than 50 staff.
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
- social sciences economics and business business and management business models
- natural sciences computer and information sciences data science business intelligence
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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.2.1.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT)
MAIN PROGRAMME
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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-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.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) H2020-SMEInst-2014-2015
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.
10551 ATHINA
Greece
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.