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ITC

Revolutionary instant thread colouring technology for industrial embroidery

Total Cost €

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EC-Contrib. €

0

Partnership

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Project "ITC" data sheet

The following table provides information about the project.

Coordinator
INVENTECH EUROPE AB 

Organization address
address: SCIENCE PARK
city: JONKOPING
postcode: 553 18
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 Sweden [SE]
 Project website http://www.coloreel.com
 Total cost 2˙984˙375 €
 EC max contribution 2˙089˙062 € (70%)
 Programme 1. H2020-EU.2.1.5. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Advanced manufacturing and processing)
2. H2020-EU.2.1.3. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Advanced materials)
3. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument)
4. H2020-EU.2.1.2. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies – Nanotechnologies)
 Code Call H2020-SMEINST-2-2016-2017
 Funding Scheme SME-2
 Starting year 2017
 Duration (year-month-day) from 2017-02-01   to  2019-01-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    INVENTECH EUROPE AB SE (JONKOPING) coordinator 2˙089˙062.00

Map

 Project objective

Created 13 years ago in Jönköping, Sweden, our company, Inventech Europe AB, is a young entrepreneurial entity, specialized in consulting and technical product development. Our team, made of experts in mechanics, software, hardware, chemistry and physics, allows us to give to our customers’ products new dimensions and added value through an innovative approach, working with the latest technologies through partnerships with world-leading researchers and industrial leaders. Our philosophy is based upon setting the bar with innovative, high quality and reliable products and systems. This has led us, from previous work with textile industries in 2009, to the development of our own disruptive technology which addresses the current problems ​of the embroidery and textile sector regarding inefficiency, harsh work condition and environmental impact associated with traditional process.

Our project, called ITC (Instant Thread Colouring), will revolutionise these industries by enabling an environmental friendly instant colouring of embroidery threads on demand in a fully controlled and resource efficient way. Using one thread reel instead of several representing each colour will provide increased productivity (30-35% on average, up to 80% with complicated designs) while offering new colouring possibilities never seen before.

There is no similar product on the market. The commercialization of the ITC technology and associated products will allow us to penetrate and position ourselves strongly in the embroidery sector, aiming to achieve a long term profitability for both our customers and our company: 7.5% share of the global embroidery technology market (€200 million revenues), where the European market represents 25% of it (€50 million revenues), by 2022.

 Deliverables

List of deliverables.
ITC PROJECT WEBSITE Websites, patent fillings, videos etc. 2019-08-30 14:30:12

Take a look to the deliverables list in detail:  detailed list of ITC deliverables.

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

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