Project description DEENESFRITPL 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). Show the project objective Hide the project objective 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 medical and health scienceshealth sciencespublic healthsocial sciencessociologygovernancecrisis managementflood risk managementsocial scienceseconomics and businessbusiness and managementbusiness modelsnatural sciencesearth and related environmental sciencesphysical geographynatural disastersnatural sciencesearth and related environmental sciencesatmospheric sciencesclimatologyclimatic changes Programme(s) H2020-EU.2.3. - INDUSTRIAL LEADERSHIP - Innovation In SMEs Main Programme H2020-EU.3. - PRIORITY 'Societal challenges H2020-EU.2.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies Topic(s) EIC-SMEInst-2018-2020 - SME instrument Call for proposal H2020-EIC-SMEInst-2018-2020 See other projects for this call Sub call H2020-SMEInst-2018-2020-1 Funding Scheme SME-1 - SME instrument phase 1 Coordinator FLOODFRAME AS Net EU contribution € 50 000,00 Address Moseranden 2 2970 Horsholm Denmark See on map Region Danmark Hovedstaden Nordsjælland 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 € 21 429,00
