Project description
A life jacket for buildings
Coastal communities in Europe and around the world know all too well the devastation that can be caused by flooding. As climate change is increasing and accelerating this threat, flood resilient construction strategies are critical for effective flood risk management. The EU-funded FloodFrame project has developed an automatic and preinstalled flood protection technology based on a waterproof membrane that wraps the building during a flood. It also protects the building’s foundation. According to the project, flood victims will be targeted first to reach at least 0.7 % of the market (more than 7 300 properties).
Objective
Climate change has increased the occurrence and frequency of flood events worldwide, and 215 million people are currently under flood risk. Flooding can be devastating for both homes and businesses, causing economic loss. An estimated cost of a flood is €98,000 per household, and, to date, there is a lack of effective individual solutions for houses and buildings in the flood protection market. At FloodFrame A/S (DK, 2017), we have developed FloodFrame (patent pending): an automatic and pre-installed Flood Protection Technology for houses and buildings based on a waterproof membrane, which wraps the building during flood events protecting also its foundation. It does not require a flat surface to be effective and is activated by the rising water functioning without any electricity or human interaction while giving the possibility to increase the protection height during the flood automatically as high the water rises. FloodFrame is currently offered at a competitive price of €300/m. Today there is no solution in the flood protection market that could fulfill the specific needs of home owners and at an affordable price. Our primary target customers are homeowners who have already experienced a flood, like our 12 Early Adopters in Roskilde Fjord and Houston (US). Today, our prototype is at TRL7, and this project will help us to reach the TRL9 by optimizing and testing the final design and the installation process as well as to complete the commercial activities still needed to reach the market (e.g. supply chain consolidation and fulfilment of legal and quality requirements). By 2024 and based on a two-fold business model – direct sales and license holders – we expect to reach at least 0.7% of the market across Europe and US (least 7,387 properties protected by FloodFrame).Thus, we have forecasted €29.72 million of cumulated revenues (€18.63 cumulative profit - ROI 4.45) and at least 40 new employees (20 technical support, 10 trainers, 4 engineers and 6 sales experts)
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.
- medical and health sciences health sciences public health
- social sciences sociology governance crisis management flood risk management
- social sciences economics and business business and management business models
- natural sciences earth and related environmental sciences physical geography natural disasters
- natural sciences earth and related environmental sciences atmospheric sciences climatology climatic changes
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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.
2970 HORSHOLM
Denmark
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.