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Schrott24

Scrap dealing in the digital age: a transparent and efficient platform for price and supply chain management

Total Cost €

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EC-Contrib. €

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Partnership

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 Schrott24 project word cloud

Explore the words cloud of the Schrott24 project. It provides you a very rough idea of what is the project "Schrott24" about.

allowed    platform    returns    perfectly    financial    trade    software    instrument    prototype    brings    guaranteed    transport    anywhere    strategy    commercialise    updated    dealers    mission    recyclers    itself    historically    market    marketplace    untrustworthy    time    advantage    mobile    enormous    operate    dealing    environmental    difficult    guarantees    network    maximum    regional    worldwide    standard    subsequently    align    options    metal    offline    fashioned    full    extensive    helps    industry    simply    date    economic    recycler    prices    smelters    care    germany    customers    schrott24    clear    paid    capacity    negotiation    sme    select    solutions    online    aligns    scrap    innovation    digital    leveraging    radical    anytime    transparency    accordingly    web    choose    consuming    price    sellers    tandem    austria    transparent    complete    navigate    shift    trading    daily    maximise    commercialisation    trustworthy   

Project "Schrott24" data sheet

The following table provides information about the project.

Coordinator
SCHROTT24 GMBH 

Organization address
address: VINZENZ-MUCHITSCH-STR.14
city: GRAZ
postcode: 8020
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 Austria [AT]
 Project website http://chrott24.at
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.3. (PRIORITY 'Societal challenges)
2. H2020-EU.2.3. (INDUSTRIAL LEADERSHIP - Innovation In SMEs)
3. H2020-EU.2.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies)
 Code Call H2020-SMEInst-2018-2020-1
 Funding Scheme SME-1
 Starting year 2018
 Duration (year-month-day) from 2018-06-01   to  2018-09-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    SCHROTT24 GMBH AT (GRAZ) coordinator 50˙000.00

Map

 Project objective

Schrott24 is a digital platform, available as a web-based platform and mobile application that helps scrap metal sellers to maximise their financial returns and scrap metal recyclers to operate at full capacity. Schrott24 brings the old-fashioned, regional and offline industry of scrap dealing online where dealers can trade anywhere and anytime for the best price. Our technology brings transparency to this marketplace that has historically been untrustworthy and difficult to navigate. Sellers simply select the scrap they want to trade, choose their method of transport, and get paid accordingly. This is a radical shift from the time consuming options that are currently available. Best prices are guaranteed for customers as we take care of the negotiation with the scrap recycler. Our scrap metal prices are updated daily to align with the current market standard.

The SME Instrument project aligns itself perfectly with the innovation strategy and mission of Schrott24: to commercialise a novel, easy-to use, transparent and trustworthy platform for trading scrap metal that guarantees best price for sellers and maximum returns for recyclers and smelters. While it has enormous economic and environmental potential, funding is required to achieve our objectives in order to reach full commercialisation. Funding to date has allowed us to develop our technology into a working prototype that is operational in Germany and Austria.

The SME Instrument would enable us to complete the development of our technology and fully commercialise throughout Europe and subsequently worldwide. By leveraging our extensive network in the scrap industry, in tandem with our developed software, we have a clear advantage over existing solutions.

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The information about "SCHROTT24" are provided by the European Opendata Portal: CORDIS opendata.

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