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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.

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

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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