Objective
In our globalized world, luxury is one of the rare markets where one can produce consumption goods in Europe and sell them in Asia, when usually it is the opposite. With a market of €213 billion, that is concentrated in France, Italy, Germany, the UK and Spain, luxury is a real asset for the European economy. Still, traditional luxury brands refuse to embrace the digital transition in order to meet the needs of the digital native consumer. We want to solve this paradox.
Dymant is a technology-driven startup that aims at disrupting and sublimating the luxury experience. We transform the luxury market by using technology to design (using state of the art 3D modeling techniques and 3D-Printing), customize (using real time 3D rendering) and commercialize (via an online private club) luxury goods faster, more efficiently and more sustainably than before. The objective is to offer luxury products with a high degree of customization.
To do so, Dymant is developing a solution that connects its proprietary database of European craftsmen with its client, while giving them the tools that enhance the luxury experience for both of them. Dymant has launched a working prototype that is already connected to 300 craftsmen (located in France, Italy, Germany and Spain) , 10 000 B2C users (spread across Europe and the US) in its online private club and 20 corporate clients some of which are recurring paying users. The objective of this business innovation project is to explore the full potential of this technology and optimize its commercial rollout.
Dymant has raised a €1 million financing round from two leading European venture capitalists and was named one of the top100 European innovators at the 2014 Open Innovation Forum. Our shareholders include Anne Dellière Chief Marketing Officer of the Richemont Group (the 2nd largest luxury group in the world) and Michel Gotlib the former European head of marketing for Coca Cola Company.
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 databases
- social sciences economics and business business and management innovation management
- humanities history and archaeology history
- social sciences economics and business business and management business models
- engineering and technology electrical engineering, electronic engineering, information engineering information engineering telecommunications mobile phones
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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 - SME instrument
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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.
75002 PARIS
France
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.