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FloodFrame

A LIFE JACKET FOR YOUR HOUSE IN FLOOD TIMES

Total Cost €

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EC-Contrib. €

0

Partnership

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 FloodFrame project word cloud

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

flat    floodframe    million    protected    dk    trainers    72    flood    possibility    holders    protecting    market    387    businesses    solutions    sales    installed    home    roi    business    pending    consolidation    water    foundation    owners    price    adopters    employees    fold    lack    solution    fulfilment    electricity    interaction    membrane    automatically    patent    98    occurrence    rising    competitive    customers    houses    model    215    2024    homes    primary    individual    climate    12    automatic       2017    license    building    optimizing    human    fulfill    fjord    commercial    quality    risk    protection    trl7    forecasted    complete    supply    profit    18    household    roskilde    trl9    houston    300    frequency    date    homeowners    waterproof    cumulative    surface    29    prototype    affordable    revenues    buildings    height    direct    people    devastating    events    activated    45    functioning    63    economic    wraps    experts    least    engineers    flooding    installation    worldwide    causing    cumulated    giving    rises    chain    final   

Project "FloodFrame" data sheet

The following table provides information about the project.

Coordinator
FLOODFRAME AS 

Organization address
address: MOSERANDEN 2
city: HORSHOLM
postcode: 2970
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 Denmark [DK]
 Project website https://floodframe.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 2019-05-01   to  2019-08-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    FLOODFRAME AS DK (HORSHOLM) coordinator 50˙000.00

Map

 Project objective

Climate change has increased the occurrence and frequency of flood events worldwide, and 215 million people are currently under flood risk. Flooding can be devastating for both homes and businesses, causing economic loss. An estimated cost of a flood is €98,000 per household, and, to date, there is a lack of effective individual solutions for houses and buildings in the flood protection market. At FloodFrame A/S (DK, 2017), we have developed FloodFrame (patent pending): an automatic and pre-installed Flood Protection Technology for houses and buildings based on a waterproof membrane, which wraps the building during flood events protecting also its foundation. It does not require a flat surface to be effective and is activated by the rising water functioning without any electricity or human interaction while giving the possibility to increase the protection height during the flood automatically as high the water rises. FloodFrame is currently offered at a competitive price of €300/m. Today there is no solution in the flood protection market that could fulfill the specific needs of home owners and at an affordable price. Our primary target customers are homeowners who have already experienced a flood, like our 12 Early Adopters in Roskilde Fjord and Houston (US). Today, our prototype is at TRL7, and this project will help us to reach the TRL9 by optimizing and testing the final design and the installation process as well as to complete the commercial activities still needed to reach the market (e.g. supply chain consolidation and fulfilment of legal and quality requirements). By 2024 and based on a two-fold business model – direct sales and license holders – we expect to reach at least 0.7% of the market across Europe and US (least 7,387 properties protected by FloodFrame).Thus, we have forecasted €29.72 million of cumulated revenues (€18.63 cumulative profit - ROI 4.45) and at least 40 new employees (20 technical support, 10 trainers, 4 engineers and 6 sales experts)

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

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