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STRINGHANDBIKE SIGNED

Innovative push-pull wheelchair accessory to provide mobility, rehabilitation and leisure activities for much more disabled people than today

Total Cost €

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EC-Contrib. €

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Partnership

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 STRINGHANDBIKE project word cloud

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

model    quality    financing    presenting    bikesharing    budapest    denmark    units    force    wheelchairs    pay    verified    qualities    preference    compete    maneuverability    solutions    sensitivity    maierhofer    clear    market    seal    financial    millions    direct    local    income    none    proven    receiving    ltd    basis    requiring    portfolio    austrian    competitive    attachment    attached    tested    business    innovative    demonstrative    countries    ease    truly    public    corporate    klagenfurt    stringhandbike    significantly    organization    commitment    solution    stringbike    plan    ouml    manual    worldwide    2017    pillars    survey    accessory    mobility    found    sales    sponsorship    owners    patent    comfort    first    validated    life    hungary    selling    uk    ziv    sold    communities    structure    million    retail    commercialization    launched    150    therapeutic    excellence    diverse    social    1700    wheelchair    certificate    price    finance       close    leadership    securing    australia    50m    cooperation    fun    recreational    opportunity    adjustability    offers    revolutionise    ownership    patented    manufacturing    co    skillset    international    people    community    disabled    team    combines    string   

Project "STRINGHANDBIKE" data sheet

The following table provides information about the project.

Coordinator
STRINGBIKE KFT 

Organization address
address: BODVA UT 7
city: FELSOZSOLCA
postcode: 3561
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 Hungary [HU]
 Total cost 1˙618˙312 €
 EC max contribution 1˙132˙818 € (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-2018-2020-2
 Funding Scheme SME-2
 Starting year 2019
 Duration (year-month-day) from 2019-07-01   to  2021-06-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    STRINGBIKE KFT HU (FELSOZSOLCA) coordinator 1˙132˙818.00

Map

 Project objective

Stringbike Ltd. is presenting a truly innovative, patented wheelchair attachment, which will revolutionise the user experience, and the life quality of millions disabled people. Our solution combines mobility with therapeutic qualities, and fun! The concept is based on 4 pillars: Innovative Technology, Social Sensitivity, a Business Opportunity, and a TEAM to deliver. On the basis of our strong international patent portfolio, we developed a string driven accessory attached to manual wheelchairs. The product, Stringhandbike, offers significantly improved therapeutic and recreational opportunity for disabled people. In Europe ~1,5 million people use manual wheelchairs. The worldwide potential for us is €50M/year. There are numerous solutions, but none can compete with Stringhandbike’s maneuverability, ease of use, comfort, adjustability and therapeutic opportunities, as validated with 150 wheelchair users. The market opportunity of Stringhandbike is proven by receiving clear preference over other solutions. Users are willing to pay about one month’s income for Stringhandbike, thus the planned €1700 retail price is very competitive. Our commercialization plan is based on a direct, demonstrative selling approach, requiring a direct sales force through local disabled communities of target countries. Our team has the key skillset: leadership, disabled community, finance, distribution, technology, manufacturing, and a diverse ownership structure, including management. We have strong financial commitment from our owners, securing the necessary co-financing for our Phase-2 proposal. Since the Seal of Excellence Certificate in 2017, we sold our first test units in Hungary, UK, Denmark and Australia, verified the corporate sponsorship model, tested with Budapest Public Bikesharing System. We launched the Austrian market survey in close cooperation with ÖZIV, the leading disabled organization and we have found our main distribution partner, Maierhofer Gmbh. in Klagenfurt.

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

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