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.

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

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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