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ESSENCE

Innovative espresso machine with new water heating and boiler design to improve efficiency and coffee quality

Total Cost €

0

EC-Contrib. €

0

Partnership

0

Views

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 ESSENCE project word cloud

Explore the words cloud of the ESSENCE project. It provides you a very rough idea of what is the project "ESSENCE" about.

modular    consistently    left    exchange    exceed    water    536    cup    world    combination    utilized    annually    shot    helps    while    temperature    manufacturer    generate    professional    profits    customers    opportunity    market    god    machine    50    improvements    partnered    electricity    eurek    espresso    construction    engineering    2022    utilizes    premium    technologies    refer    brew    hot    struggle    180    coffee    industry    sound    innovative    inefficient    changed    company    split    people    machines    taste    unable    automation    companies    worth    leads    maintained    advantage    takes    35    revenues    strange    designs    srl    commercial    internal    restaurants    energy    half    operate    revolutionize    completely    switched    hours    shops    million    bars    8b    delicious    heating    alone    quality    24    basic    environment    realizing    considering    served    ing    little    approximately    time    day    desired    save    sold   

Project "ESSENCE" data sheet

The following table provides information about the project.

Coordinator
EUREK SRL 

Organization address
address: VIA CELLETTA 8-B
city: IMOLA
postcode: 40026
website: n.a.

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Italy [IT]
 Project website http://www.eurek.it/en/
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.3.3. (SOCIETAL CHALLENGES - Secure, clean and efficient energy)
2. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument)
 Code Call H2020-SMEINST-1-2015
 Funding Scheme SME-1
 Starting year 2016
 Duration (year-month-day) from 2016-02-01   to  2016-05-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    EUREK SRL IT (IMOLA) coordinator 50˙000.00
2    8 B SRL IT (CHARVENSOD) participant 0.00

Map

 Project objective

While it may sound strange considering how often coffee is consumed around the world, current professional espresso machines on the market are highly energy inefficient and struggle to consistently achieve and maintain the desired coffee taste quality that people in the industry refer to as “the god shot”. Realizing this market opportunity, an engineering automation company, Eurek SRL, and coffee machine manufacturer, 8B, have partnered to design a new machine that helps bars, restaurants and coffee shops save 50% of their electricity costs while also ensuring customers are served a delicious cup of coffee at any time of day.

There have been significant improvements in control technologies that operate coffee machines but the basic internal construction and process of making espresso has changed very little. A coffee machine utilized in a commercial environment must be left switched on 24 hours a day to ensure that the hot water temperature is maintained. This leads to electricity costs that can exceed €7,000 per year.

Our innovative design utilizes a modular approach that takes advantage of heating exchange technology to half electricity costs while also ensuring a premium quality coffee brew. New coffee machine designs have so far been unable to achieve this combination.

Our new technology therefore has the potential to completely revolutionize the Espresso Coffee Machine industry, which is worth approximately €536 million in Europe alone with over 180,000 espresso machines sold annually. We expect our machine to generate revenues of €8 million by 2022, resulting in profits of €3.35 million that will be split between our two companies.

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The information about "ESSENCE" are provided by the European Opendata Portal: CORDIS opendata.

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