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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.

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

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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