Objective Hubble is a breakthrough SaaS platform which intermediates between SMEs searching for commercial real estate and providers with available property by offering a marketplace for commercial real estate to help manage the renting of excess capacity within offices and flexible service providers. Hubble provides best-class usability to find the right location quickly, and through the use of clear online contracts and payments, processed and recorded on the platform, adds unprecedented transparency to an otherwise, very opaque industry.The platform is disrupting the market by filling the gap left by traditional real estate agents, who are failing SMEs due to a lack of incentive and dependence on legacy business models and offers direct, tangible economic benefits to its target customers, by improving speed, reducing costs and increasing transparency. Hubble helps lower the barriers for new businesses, helps companies share office space and reduce their cost base, makes office space more affordable. Overall, the European economy benefits from more favorable business establishment conditions, more productive use of existing real estate assets, and job creation.In January 2017, Hubble counts 1,500+ registered offices, 20,000 desks mostly focused in the London area, which is approximately 2,5% of the local market, with a monthly revenue of £40K, generating a total of £500K in annualized revenue.The company has so far focused on the London market. It now wishes to expand into key cities across Europe and beyond. To enable this, the company is applying to undertake a six-month feasibility study through the Horizon 2020 SME Instrument Phase 1. The study will include a user review to assess needs and take-up, a technology review to enhance the product, marketing and sales analysis to test practical approaches, financial review to check assumptions and risks, an IPR review into patentability, and a full business plan to prepare for further financing. Fields of science natural sciencescomputer and information sciencesartificial intelligencesocial scienceseconomics and businessbusiness and managementbusiness modelssocial scienceseconomics and businessbusiness and managementemployment Programme(s) H2020-EU.2.1.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT) Main Programme H2020-EU.2.3.1. - Mainstreaming SME support, especially through a dedicated instrument Topic(s) SMEInst-01-2016-2017 - Open Disruptive Innovation Scheme Call for proposal H2020-SMEInst-2016-2017 See other projects for this call Sub call H2020-SMEINST-1-2016-2017 Funding Scheme SME-1 - SME instrument phase 1 Coordinator SPACIOUS LTD Net EU contribution € 50 000,00 Address 2nd floor block a stapleton house 110 clifton street EC2A 4HT London GB See on map Region London Inner London — East Hackney and Newham 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 € 21 429,00
