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New eco-efficient and healthy professional espresso coffee machine

Objective

This project is the continuation of the funded phase-1 ECOBREW feasibility study that has finished successfully. A previous version of this proposal for phase 2 was submitted in Sept.'15. It was evaluated with a score of 12.81 and awarded with the Seal of Excellence, but not funded due to budgetary restrictions.

ECOBREW proposes an innovative healthy and energy-efficient professional espresso coffee machine.

Coffee is the second most traded commodity in the world, after crude oil. 40% of the global coffee consumption is out of home, and specialty coffee has become a major worldwide trend.

IBERITAL is a 40-year old SME, with 56 employees, an annual turnover of 12 MEUR and 60% in exports, that is targeting the growing market of the Professional Espresso Coffee Machines, a market that is estimated to surpass a volume of 1 billion Euros by 2016.

The technology used in coffee machines has not evolved significantly in 100 years. IBERITAL has identified a great opportunity in this growing market for a coffee machine with a completely new design based in the introduction of lead-free materials, energy efficiency and internet connectivity.

The proposed innovation aims at new market opportunities addressing 3 global challenges and trends (healthy food, sustainability, connected world)

This project and new product fit in IBERITAL's strategic plan, and will result in company growth into a medium sized European Company with a brand that will be globally recognized; with sales doubling by 2019 and tripling by 2022, and creation of employment by tripling staff up to 150 direct and 350 indirect jobs in 6 years.

During phase-2, IBERITAL will perform the final product design and development, and industrial up scaling; certify the machin in EU and seven other countries; demonstrate its perfomance with distributors and final users, and finally prepare for worldwide dissemination and commercialisation of the ECOBREW professional espresso coffee machine.

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: https://op.europa.eu/en/web/eu-vocabularies/euroscivoc.

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Coordinator

IBERITAL DE RECAMBIOS SA
Net EU contribution
€ 1 614 836,13
Address
CALLE LAUREA MIRO 371-373 POLIGONO INDUSTRIAL EL PLA
08980 Barcelona
Spain

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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
Este Cataluña Barcelona
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Links
Total cost
€ 2 306 908,75