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Sqetch – easily connecting fashion brands with apparel manufacturers

Objective

Today`s world is constantly speeding the way we live (learn, communicate, entertain or do business). With over 3 billion searches on Google, “to buy” characterises today`s society. People are looking to be always fashion-conscious therefore they go shopping. This puts an important amount of pressure on brands interested to become more and more effective in order to satisfy customer’s expectations – high quality, fair price, short delivery time. Achieving this requires a paradigm shift in the way companies are conducting their business processes. And the fashion industry is no exception! Both fashion brands and apparel manufacturers are facing significant challenges: How to easily find suitable and trustful apparel manufacturers? Are those delivering the expected quality for a fair price? How to turn more fashion brands into new customers? How to confirm a good quality level of manufacturing?
Our Sqetch project will offer a concrete solution by providing an innovative online platform which will help more than 170.000 European textile and clothing companies to connect. Our Sqetch project is driving a major change in how a traditional industry adopts actual business models, responding to the EC initiative for this sector: encouraging innovation and maintaining competitiveness. Sqetch positions as an online service to support a sector which employs 1, 6 million people and plays a crucial role in the economy and social well-being in many regions of Europe.
The technical innovation resides in the matching algorithm which uses many weighted criteria to find the best matching manufacturer for a brand. The algorithm weighs, 10 times faster than existing solutions, all these criteria against their importance and finds which manufacturer in the database has the greatest match with that project. The result: faster match, easier usability, lower costs for brand and manufacturers. This translates into more innovative and competitive companies, the foundation of growth.

Fields of science (EuroSciVoc)

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Programme(s)

Multi-annual funding programmes that define the EU’s priorities for research and innovation.

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-2014-2015

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Coordinator

SQETCH BV
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
RUYSDAELSTRAAT 108B
1071 XH Amsterdam
Netherlands

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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
West-Nederland Noord-Holland Groot-Amsterdam
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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