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

Views

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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.

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

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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