Opendata, web and dolomites

BacLEATHER SIGNED

UPSCALE OF AN INNOVATIVE, PIONEER AND SUSTAINABLE BIOMATERIAL (BacLEATHER) FOR THE FOOTWEAR INDUSTRY

Total Cost €

0

EC-Contrib. €

0

Partnership

0

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 BacLEATHER project word cloud

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

animals    free    slaughtering    world    fast    cruel    shoes    cash    zara    bacleather    reducing    seek    sustainable    ethical    brand    tempe    clients       comments    tanning    100bn    chemicals    ecological    billions    fermentation    pvc    companies    owner    environmental    size    xxi    upscaling    performance    poorer    creates    75    point    view    avoidable    inditex    business    industrial    toxic    biomaterial    cumulative    see    brands    natural    adidas    16    perspective    proprietary    prepare    manufacturers    vertical    synthetic    goods    environment    client    entering    productivity    market    considering    practices    create    2019    series    confirm    material    century    clear    610    nike    alternative    safer    trend    inefficient    dependent    successfully    investment    puma    mainly    flow    roi    mimics    alternatives    global    louis    footwear    fit    grupo    cagr    vuitton    unfortunately    usa    leather    profitability    huge    bases    patent    hazardous    reproduce    materials    opportunity    bacterial   

Project "BacLEATHER" data sheet

The following table provides information about the project.

Coordinator
PATENT SHOES SL 

Organization address
address: CALLE FEIJOO 18 PRIMERO IZQUIERDO
city: MADRID
postcode: 28010
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 Spain [ES]
 Project website http://www.patent-shoes.com/
 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 2019
 Duration (year-month-day) from 2019-02-01   to  2019-07-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    PATENT SHOES SL ES (MADRID) coordinator 50˙000.00

Map

 Project objective

The global leather business is still mainly dependent on raising and slaughtering of billions of animals. This, in the XXI century is not only an inefficient and cruel process but also, it creates a huge environmental impact, which could be avoidable. Unfortunately, brands and shoes manufacturers have no ecological alternative to natural leather that can reproduce successfully its key characteristics from the consumer point of view. Existing alternatives in the market, mainly PVC bases synthetic leather, do not only show poorer performance from client perspective but also they still create a huge environment impact. Potential clients across the world (Inditex and Louis Vuitton in Europe; Puma, Adidas and Nike in USA) do confirm there is a clear trend towards the development of safer, toxic-free, sustainable, environmental-friendly and more ethical footwear and leather goods. Furthermore they confirm the need of new materials to increase their productivity and profitability while reducing the use of hazardous chemicals in tanning practices. Considering the size of the leather market (estimated around 100bn$ by 2019, CAGR 3,4%) and these comments from clients, we see very high potential in upscaling to industrial level the results we obtained so far with BacLEATHER, a leather-like biomaterial. This material is produced by bacterial fermentation through a proprietary technology and mimics leather characteristics. Patent Shoes, S.L. has already been able to produce the material in short series and we have already established a collaboration with TEMPE, from GRUPO INDITEX (one of the most important brand footwear companies, owner of ZARA brand, among others) in order to prepare the material for its market-fit within the footwear vertical. We see in the BacLEATHER project a clear investment opportunity, in which we seek entering the fast growing leather-like market and achieve a five-year cumulative cash flow of €16,75 M€, meaning a 5-years ROI of 610%.

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

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