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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.

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

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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