Project description
An innovative, circular knitting machine for hosiery
Evolution in the knitting machine industry is not fast enough. It is slowed by the current production process that relies on mechanical and partially electrical knitting machines. The EU-funded NbyN project proposes a new innovative circular knitting machine for hosiery that is faster, more flexible, cost-effective and allows the production of unlimited different designs in a single batch. The innovation consists of integrating miniature stepper motors to move each needle individually instead of mechanical cams on a predefined route that is used today by the knitting industry. The project’s objective is to analyse the market, adapt the business plan and prepare the product for commercialisation.
Objective
The knitting machine industry has not evolved significantly in the past 25 years and they use the same mainly mechanical and partially electrical knitting machines today as they did in the last millennium.
Based on our 30+ years’ experience in this industry we have developed a new type of knitting machine that can revolutionise the complete industry. Instead of moving the knitting needles using mechanical cams on a predefined route (present solution used by industry), we have integrated miniature stepper motors to move each needle individually (needle by needle). Our innovation results in a faster, more versatile and cheaper machine allowing the production of limitless different designs in a single batch (Just in Time manufacturing). The aim of NbyN development is to take our circular knitting machine for hosiery to the market (as the market entry point) and through it pilot the technology for the industry. The second step will be to apply our NbyN technology to all type of knitting machines.
The potential impact of this development is huge in the long term, but even in the short term we see that the NbyN circular knitting machines for hosiery will generate profits in the region of € 5 million 3 years after the development is completed. We have wide range of networks (over 50 past customers) and have sold over 1,500 custom machines to the industry. Based on feedback from our flagship partners there is a significant need for our innovation (see Letters of Intent from potential customers). This gives us the perfect platform to commercialise our new technology.
The aim of the Phase 1 project is to review the market, adjust our business strategy (licencing or distribution) and prepare for product development under the Phase 2 project.
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.
- engineering and technology materials engineering textiles
- social sciences economics and business business and management business models
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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.
42025 CAVRIAGO
Italy
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.