Objective "Our product, MicNo®, is a patented Zinc Oxide UV filter for use in cosmetic formulations. MicNo® are designed platelet-shaped micron particles composed of nano primary particles - developed to exploit benefits of the nano-size particles while removing adverse effects of them.The aim of this project is to mature, in-vivo test and commercialise MicNo® onto the global markets. We had been awarded Phase I funding and we have conducted a Feasibility Study (GAN #741192) that verified the market potential. Our product is at TRL 7 and this project will enable us to bring our solution to TRL9 ready for commercialisation on the global cosmetics market valued at $454 billion with CAGR of 6%.MicNo® has gone through in-vitro testing, toxicity tests as well as efficacy tests – they all showed superior broad-spectrum protection with up to 60% improvement vs. main competitors, improved transparency at application by 15-20%, mitigation of safety and health concerns related to nano zinc particles. As well as high area coverage/unit mass – a 40% reduction in raw materials usage for same UV protection.Europe is the global flagship producer of cosmetics with a market valued at €77 billion and exports exceeding €33 billion. Thousands of companies are involved in manufacturing of cosmetics in Europe – utilising our UV filter in cosmetic formulations improves cosmetic and health benefits vs. current ZnO ingredients. We offer a solution for safer sun care products without endocrine-disrupting chemical UV filters and with lower production costs. Considering 150-200 million bottles of sunscreen are sold annually in EU this would translate to savings of €75 to €100 million/year. Moreover, we believe that our unique technology will encourage large sways of population to utilise more sun care products.By completing this project we expect to generate accumulated turnover of €62 million and profit of €41 million over 5-years post-project completion and to create 70 new jobs." Fields of science natural scienceschemical sciencesinorganic chemistrytransition metalsnatural sciencesearth and related environmental sciencesenvironmental sciencesozone depletionmedical and health sciencesclinical medicineoncologyskin cancermelanomasocial scienceseconomics and businessbusiness and managementbusiness modelssocial scienceseconomics and businesseconomicsproduction economics 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 ENTEKNO ENDUSTRIYEL TEKNOLOJIK VE NANO MALZEMELER SANAYI VE TICARET ANONIM SIRKETI Net EU contribution € 544 250,00 Address Yesiltepe mh ismet inonu 2 cd 2 57 tepebasi 26470 Eskisehir Türkiye See on map Region Doğu Marmara Bursa Eskişehir 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 € 233 250,00
