Objective
Despite the growing demand of bikes and e-bikes in urban European spaces, individualization, ergometric aspects, and parameters related to different types of usage (urban, race, mountain, etc.) are generally not taken into account in bikes mass production, which leads to physical problems, such as dorsal pain, joint pain and knee pain. Although these inconveniences can be excluded by purchasing individualized bikes and e-bikes, the high prices and long delivery times of custom-made bike builders (of up to several months) hold back many of potential users.
Our concept with MI-BIKE is to offer 100% custom-made bikes produced by the principles of industrial mass production built on medical & orthopaedic parameters for optimal, comfortable and healthy use. For this purpose, we have developed (with the collaboration with medical and orthopaedic institutions) an algorithm which, via our online configurator, enables our customers to design their perfect bike, seeing the results in real time.
With this project, our aim is to bring our custom-made wooden-framed bikes to the next level by making them electronic (e-bikes) and developing lightweight composite alternatives to our current wooden frames, creating MI BIKE, our lightweight bikes and e-bikes line.
Moreover, through this project we aim to boost the competitiveness of our company, reaching overall revenues of about €19 million in the fifth year of commercialization, and increasing our personnel in about 5 people. With a Phase 2 investment of 1.2 million, this would imply a Return of Investment of 6.5
Fields of science (EuroSciVoc)
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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.3.4. - SOCIETAL CHALLENGES - Smart, Green And Integrated Transport
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.
4020 LINZ
Austria
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.