Objective Every human being from developed countries have beauty and personal care products, with a recent study showing French women use on average 18 cosmetics every day, which translates into an exposure of more than 100 chemicals daily. Unfortunately, many chemicals present in these products such as parabens or phthalates cause undesirable toxic effects in humans and the environment, leading to distressing medical issues like contact urticaria, endocrine disrupting effects (which may lead to cancer) or decreased male fertility. Moreover, despite the systematic use of sunscreen which is vital to prevent the harmful effects of prolonged sunlight exposure, many UV filter molecules still present toxicity issues themselves. TARAMAR was founded in 2010 with the aim to design, develop and commercialize all natural and risk-free cosmetic products. With TARASÓL, TARAMAR will deploy to the European market the first synthetic and toxicity-free scientifically-based organic sunscreen lacking adverse effects. TARASÓL is the result of years of basic research and technology transfer efforts that have led to a prototype incorporating three main innovations: a seaweed-based UV-filter with high protection against sunlight; a fully natural formulation and production process that circumvents the use of conventional preservatives and solvents and finally, a liposome-based delivery system equipped with an open mechanism that stabilizes and releases the bioactive UV filter upon sunlight exposure. Given the organic personal care and cosmetics global market is estimated to grow at a CAGR of ~10% per annum (with an estimated value of €17 billion by 2022), and the specific segment of organic sunscreens is calculated to be worth nearly €200 million per annum, TARASÓL is expected to be a commercial success, increasing the company’s revenue from €0.16 (in 2016) to €5.52M and allowing to double the number of jobs (14) by year 2023. Fields of science engineering and technologyother engineering and technologiesfood technologymedical and health sciencesclinical medicineandrologysocial sciencessociologydemographyfertilitymedical and health sciencesclinical medicineoncology Programme(s) H2020-EU.3.2. - SOCIETAL CHALLENGES - Food security, sustainable agriculture and forestry, marine, maritime and inland water research, and the bioeconomy Main Programme H2020-EU.3.2.5. - Cross-cutting marine and maritime research H2020-EU.3.2.3. - Unlocking the potential of aquatic living resources H2020-EU.2.3.1. - Mainstreaming SME support, especially through a dedicated instrument Topic(s) SMEInst-08-2016-2017 - Supporting SMEs efforts for the development - deployment and market replication of innovative solutions for blue growth 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 TARAMAR EHF Net EU contribution € 50 000,00 Address MIONESTORG 3 245 SANDGEROI Iceland See on map SME The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed. Yes Region Ísland Ísland Landsbyggð 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 Total cost € 71 429,00
