Objective
Vegea is a young start-up with a solid chemical background with long experience in natural polymers and industrial processes, constituted by researchers coming from the academy with a strong entrepreneurial inclination. It has already received several awards recognizing the value of its disruptive innovation, such as Start&Cup Award-2015, Start&Re-Start-2016, and H&M Global Change Award-2016 for a total funding of more than €300.000. The main scope of VegeaTextile project is the deployment of an absolute breakthrough innovation demonstrating a novel, cost-effective and eco-friendly process for the production of organic textile and introducing in the European leather goods market a new kind of bio-textile using a non-animal and renewable raw material, considered up today an agricultural waste: the grape marc. In fact, the production process can be classified “low impact” for the environment since it makes minimal use of chemical reagents or additional water, and at the contrary, it produces reusable water from the grape marc exsiccation (60% w/w). Our innovation will allow leather goods manufacturers to answer to the increasing customers’ awareness about environmentalist and animalist concerns, to propose a new product with same quality of common leather and, at the same time, to find an alternative and renewable raw material, helping them to overcome stringent regulations about animal treats and tanning processes. Upon project length we aim at industrializing the process production by 2022, reaching a forecasted production capability of 4.5 million m2/yr, the ambitious business objectives of € 8,64 million net profits over 4 yrs of commercialization (2022), and consequently a greater-than-market ROI (26%) and profitability (22%). For the launch of VegeaTextile by 2019, we foresee a total investment of more than €900.000 of which €801.875 budgeted for the Phase-2.
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.
- engineering and technology environmental engineering energy and fuels renewable energy
- engineering and technology materials engineering colors
- engineering and technology materials engineering textiles
- engineering and technology materials engineering coating and films
- engineering and technology industrial biotechnology biomaterials
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Keywords
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
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.3.2. - SOCIETAL CHALLENGES - Food security, sustainable agriculture and forestry, marine, maritime and inland water research, and the bioeconomy
MAIN PROGRAMME
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H2020-EU.3.2.4. - Sustainable and competitive bio-based industries and supporting the development of a European bioeconomy
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H2020-EU.3.2.1. - Sustainable agriculture and forestry
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H2020-EU.2.3.1. - Mainstreaming SME support, especially through a dedicated instrument
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H2020-EU.3.2.2. - Sustainable and competitive agri-food sector for a safe and healthy diet
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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-2016-2017
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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.
24121 Bergamo
Italy
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.