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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.

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

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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