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Hubble SIGNED

Hubble – smart workplace allocation platform

Total Cost €

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EC-Contrib. €

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Partnership

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 Hubble project word cloud

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

500k    review    incentive    usability    intermediates    excess    patentability    offers    otherwise    property    productive    cities    monthly    2020    lower    economy    annualized    agents    saas    january    direct    lack    helps    online    pound    revenue    feasibility    market    tangible    marketing    share    smes    opaque    offices    financing    industry    london    searching    barriers    class    plan    counts    local    500    models    40k    legacy    marketplace    financial    affordable    business    creation    benefits    assets    gap    prepare    hubble    establishment    favorable    breakthrough    base    2017    processed    failing    ipr    location    disrupting    service    six    capacity    company    businesses    risks    generating    transparency    right    sales    approximately    speed    provides    job    desks    check    clear    horizon    unprecedented    expand    recorded    mostly    left    office    dependence    5    contracts    platform    assumptions    total    providers    economic    commercial    full    registered    companies    practical    payments    estate    area    customers    sme    flexible    filling    reducing    space    reduce    renting    instrument    adds    wishes   

Project "Hubble" data sheet

The following table provides information about the project.

Coordinator
SPACIOUS LTD 

Organization address
address: 2ND FLOOR BLOCK A STAPLETON HOUSE 110 CLIFTON STREET
city: LONDON
postcode: EC2A4HT
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 United Kingdom [UK]
 Project website https://hubblehq.com/office-space-manchester
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.2.1.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT))
2. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument)
 Code Call H2020-SMEINST-1-2016-2017
 Funding Scheme SME-1
 Starting year 2017
 Duration (year-month-day) from 2017-04-01   to  2017-09-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    SPACIOUS LTD UK (LONDON) coordinator 50˙000.00

Map

 Project objective

Hubble is a breakthrough SaaS platform which intermediates between SMEs searching for commercial real estate and providers with available property by offering a marketplace for commercial real estate to help manage the renting of excess capacity within offices and flexible service providers. Hubble provides best-class usability to find the right location quickly, and through the use of clear online contracts and payments, processed and recorded on the platform, adds unprecedented transparency to an otherwise, very opaque industry. The platform is disrupting the market by filling the gap left by traditional real estate agents, who are failing SMEs due to a lack of incentive and dependence on legacy business models and offers direct, tangible economic benefits to its target customers, by improving speed, reducing costs and increasing transparency. Hubble helps lower the barriers for new businesses, helps companies share office space and reduce their cost base, makes office space more affordable. Overall, the European economy benefits from more favorable business establishment conditions, more productive use of existing real estate assets, and job creation.In January 2017, Hubble counts 1,500 registered offices, 20,000 desks mostly focused in the London area, which is approximately 2,5% of the local market, with a monthly revenue of £40K, generating a total of £500K in annualized revenue.

The company has so far focused on the London market. It now wishes to expand into key cities across Europe and beyond. To enable this, the company is applying to undertake a six-month feasibility study through the Horizon 2020 SME Instrument Phase 1. The study will include a user review to assess needs and take-up, a technology review to enhance the product, marketing and sales analysis to test practical approaches, financial review to check assumptions and risks, an IPR review into patentability, and a full business plan to prepare for further financing.

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

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