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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.

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

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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