Objective
Vitality Vector creates efficient applications of solid desiccants in thermodynamic processes. The main company focus is towards developing and commercialization of high-efficient desiccant based technology for a variety of HVAC and atmospheric water recovery applications. Vitality Vector has been recognized by the panel of experts (venture capital and industry insiders) at the global H2O challenge, which evaluates the innovation and uniqueness, sustainability and economic viability. As well as, the management team and the value proposition
ECOOL technologies comprise two novel (patent WO2015005791 A1) evaporative cooling systems: the RIDEC for dry climates and DEC for semi-humid and humid atmospheric conditions. The RIDEC and DEC systems can generate cooling energy as effective as than any commercial model of MVC, consuming 5-10 times less of electrical energy.
The RIDEC (Regenerative indirect direct evaporative cooler) outperform traditional AC consuming 90% less electricity. Moreover, compared to existing regenerative cooling technologies, higher efficiency (20%) and a fraction of the cost, position the RIDEC at an advantage position in the path to displace inefficient vapor compressor technology. The DEC (Desiccant Evaporative Cooling) overcomes the humidity barrier for the applicability of evaporative cooling technologies. The DEC provides 70% energy savings in humid regions, that where reserved exclusively for vapor compressor technology.
ECOOL covers the need to reduce energy costs, displaces consumption at peak demand and increases its cooling efficiency when outside temperature is high. The expected market price of the RIDEC (50% less than equivalent AC unit) and DEC (similar price), on top of yearly energy savings, provide a winning value proposition. Vitallity Vector is in a position to build a healthy business model (€19.96 cumulative revenue after 5 years) and job creation (expected to grow up to 35 employees in that period).
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 mechanical engineering thermodynamic engineering
- social sciences economics and business business and management business models
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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.3.3. - SOCIETAL CHALLENGES - Secure, clean and efficient energy
MAIN PROGRAMME
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H2020-EU.2.1.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT)
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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-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.
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.
1016 GN AMSTERDAM
Netherlands
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.