Objective Created 13 years ago in Jönköping, Sweden, our company, Inventech Europe AB, is a young entrepreneurial entity, specialized in consulting and technical product development. Our team, made of experts in mechanics, software, hardware, chemistry and physics, allows us to give to our customers’ products new dimensions and added value through an innovative approach, working with the latest technologies through partnerships with world-leading researchers and industrial leaders. Our philosophy is based upon setting the bar with innovative, high quality and reliable products and systems. This has led us, from previous work with textile industries in 2009, to the development of our own disruptive technology which addresses the current problems of the embroidery and textile sector regarding inefficiency, harsh work condition and environmental impact associated with traditional process. Our project, called ITC (Instant Thread Colouring), will revolutionise these industries by enabling an environmental friendly instant colouring of embroidery threads on demand in a fully controlled and resource efficient way. Using one thread reel instead of several representing each colour will provide increased productivity (+30-35% on average, up to +80% with complicated designs) while offering new colouring possibilities never seen before. There is no similar product on the market. The commercialization of the ITC technology and associated products will allow us to penetrate and position ourselves strongly in the embroidery sector, aiming to achieve a long term profitability for both our customers and our company: 7.5% share of the global embroidery technology market (€200 million revenues), where the European market represents 25% of it (€50 million revenues), by 2022. Fields of science natural sciencescomputer and information sciencessoftwareengineering and technologymaterials engineeringcolorsengineering and technologymaterials engineeringtextilessocial scienceseconomics and businesseconomicsproduction economicsproductivitynatural sciencesearth and related environmental sciencesenvironmental sciencespollution Keywords embroidery process stitch thread dye dying colour ink productivity quality design resource efficiency Programme(s) H2020-EU.2.1.2. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies – Nanotechnologies Main Programme H2020-EU.2.1.5. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Advanced manufacturing and processing H2020-EU.2.1.3. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Advanced materials H2020-EU.2.3.1. - Mainstreaming SME support, especially through a dedicated instrument Topic(s) SMEInst-02-2016-2017 - Accelerating the uptake of nanotechnologies advanced materials or advanced manufacturing and processing technologies by SMEs Call for proposal H2020-SMEInst-2016-2017 See other projects for this call Sub call H2020-SMEINST-2-2016-2017 Funding Scheme SME-2 - SME instrument phase 2 Coordinator COLOREEL GROUP AB Net EU contribution € 2 089 062,50 Address Science park 553 18 Jonkoping Sweden See on map Region Södra Sverige Småland med öarna Jönköpings län Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 895 312,50
