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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.

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

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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