Project description
Commercialising a disruptive supportive device for the visually impaired
An estimated 40 million people globally are affected by blindness. Their orientation in the environment and abilities to perform most mobile tasks are limited. To address this challenge, the Estonian SME Uniraja has developed a completely disruptive technology, which promises autonomy and freedom of movement to blind or visually impaired persons, allowing them to navigate much easier without assistance from other people thanks to wearable remote touch sensing technology. The EU-funded Seventh Sense project will support the fast commercialisation of the new technology, along with enabling further development of the SME as the star performer in the field of mobility assistive technologies.
Objective
Seventh Sense™ is a novel and disruptive technology developed by Uniraja OÜ, located in Tallinn Estonia, to improve the
quality of life and independent mobility to the 40 million blind people in the World. Our vision is to be the market leader in the
Mobility Assistive Technologies industry for the visually impaired people. We have created an uncontested blue ocean
market in a market space that has had little effective inventions to improve mobility since James Biggs created the white
cane in 1921. We forecast that Seventh Sense™ will increase our profits by more than 25% every year, for at least 5 years.
Our financial target is to become a gazelle SME and achieve an annual gross profit of €40 Million, by 2022, and sustain it
until the next bigger leap. We have a talented team to support us, processes and systems are in place and a strategy to
execute this ambitious plan. Phase 1 of this innovative project is to carry out an elaborate Feasibility Study and Business
Plan to get Seventh Sense™ from TRL6 to TRL9 and commercialise it.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
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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.2.3. - INDUSTRIAL LEADERSHIP - Innovation In SMEs
MAIN PROGRAMME
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H2020-EU.3. - PRIORITY 'Societal challenges
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H2020-EU.2.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies
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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-EIC-SMEInst-2018-2020
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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.
13412 TALLIN
Estonia
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.