Objective
Wearable Technologies Limited (WTL) is an early leader in the embedding of washable electronics into smart clothing, having already achieved global sales with our first generation of award winning products which includes functional jackets, vests and belts. The smart garment market is expanding rapidly and is expected to become a global market worth €5.6 billion per annum by 2020. WTL’s voice of the customer surveys have identified enormous opportunities for garments which will extend functionality to network connectivity for improved safety in industrial markets. These products represent the outcome of this project. Benefits that arise from this include the ability to sense hazardous chemicals and then indicate danger not only to the garment wearer, but also co-workers and a central control room for large staff deployments. The oil and gas industry provides suitable markets for such garments and discussions with BP have already indicated that they are willing to be early customers. The Hazijax project concept has already attracted the support of companies willing to assist with development, from systems integration (Mediatek, Orange Business) to distribution (T2S, DR Workwear).
WTL has a broad IP portfolio and expertise gained from intelligent garment manufacture. We have 5-year forecast sales of €47.2 million to produce a profit of €13.85 million, a breakeven between year three and four and an ROI of 3.62:1. This feasibility study will be used to further quantify in detail the work needed to generate customer confidence in the product, its supply to them and WTL’s support of it in use by them.
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 internet internet of things
- engineering and technology materials engineering textiles
- social sciences economics and business business and management business models
- engineering and technology electrical engineering, electronic engineering, information engineering electronic engineering sensors
- natural sciences chemical sciences organic chemistry aliphatic compounds
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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.2.1.2. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies – Nanotechnologies
MAIN PROGRAMME
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H2020-EU.2.1.5. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Advanced manufacturing and processing
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H2020-EU.2.1.3. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Advanced materials
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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.
LE9 4DA LEICESTERSHIRE
United Kingdom
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.