Objective
People donating money to NGOs is plunging sharply. This hinders NGOs from carrying out vital humanitarian, developmental and environmental projects. Therefore, Worldcoo has set its goal to revolutionise crowdfunding cooperation in e-commerce and e-banking to reverse this trend and thus have a big, positive social impact.
We help NGOs raise crucial funds through offering a “click” tool we developed a Widget to bring NGOs, companies, and e-customers together. Widget2.0 offers a value-added service to all stakeholders: awareness and private donations to NGOs, a modus operandi for auditable and transparent Corporate Social Reasonability (CSR) for e-retailers and e-banking and transparency and unique donor engagement for e-shoppers.
Since 2012, we have funded 34 projects that have benefitted the lives of more than over 96.000 direct beneficiaries from money raised. UNICEF also abandoned its technology to use ours, making Worldcoo their online global strategy partner.
Our market is geared to e-commerce and e-banking. In 2013, European e-commerce reached €363 billion and B2C e-commerce retailers 645,250 - rising at an annual pace of 15-20%. However, we can currently only cater for 6% of the European e-commerce because our current technology lacks features required by bigger e-retailers and e-banking transactions.
Therefore, we strategically and commercially need Widget3.0 to scale up our system by automating current manual processes and increasing the Widget conversion rate by developing Recommender and Motivator modules using Artificial Intelligence techniques. Only then can we access 100% of the e-retailing market, e-banking and beyond: billing, payment systems, and vending solutions.
We address the INSO-10-2015 topic needs as social innovation unique to the market. In June 2015 we won Best Social Initiative in a Digital Environment in e-commerce.
Let’s tackle societal problems through a new paradigm of transparent CSR, donation giving and engagement.
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.
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.
- natural sciences computer and information sciences artificial intelligence
- social sciences political sciences political policies civil society civil society organisations nongovernmental organizations
- social sciences sociology industrial relations automation
- social sciences economics and business business and management commerce e-commerce
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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.2.3. - INDUSTRIAL LEADERSHIP - Innovation In SMEs
MAIN PROGRAMME
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H2020-EU.3.6. - SOCIETAL CHALLENGES - Europe In A Changing World - Inclusive, Innovative And Reflective Societies
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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-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.
08006 BARCELONA
Spain
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.