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BIKEINSIDE SIGNED

Automated modular vertical parking for bicycles: guard your bike inside!

Total Cost €

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EC-Contrib. €

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Partnership

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 BIKEINSIDE project word cloud

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

oltre    stolen    cities    stakeholders    voucher    eye    flexibility    had    start    cycle    disruptive    solution    13    secure    automated    services    bikeinside    sale    25    renting    bike    smart    safer    riders    car    reduce    automation    space    retrieve    anyone    affordable    noise    generate    original    occupation    italy    letters    ten    risk    sensors    expertize    575    park    passenger    proposing    loan    theft    ebitda    density    hence    economic    rates    types    sme1    excellence    whilst    land    business    75    quality    world    piedmont    seal    bicycle    21    emits    air    healthier    cyclists    italian    12sec    model    reports    modularity    co2    solutions    regular    commissioning    350    parking    excellent    bicycles    promotion    innovation    emissions    installed    innovative    fiab    industrial    15    endorsement    150    collected    agents    damage    region    implements    infrastructure    clients    vandalism    mechatronics    km    times    revenues    cumulative    owing    awarded    advertising    attractive    survey    free    mobility    spaces    60    45    catching    atmospheric    turnover    thieves    worldwide    80    million    received    105    time    icvs    least    refers    citizens    2016    stands    modular    lower    london    outlook   

Project "BIKEINSIDE" data sheet

The following table provides information about the project.

Coordinator
MICHELE DI CHIO 

Organization address
address: VIA QUINTINO SELLA 3
city: TORINO
postcode: 10093
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 Italy [IT]
 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 2019-09-01   to  2019-12-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    MICHELE DI CHIO IT (TORINO) coordinator 50˙000.00

Map

 Project objective

'Anyone who has a bicycle is aware of theft risk. ICVS refers about 13 million bicycle thieves per year in the World. In Italy, FIAB has estimated around 350,000 bicycles theft per year, which means an economic damage of 150 million euro/year. The London Cycle Theft Survey 2016 reports more than 45% of riders had at least one bicycle stolen whilst 75% of cyclists seeks for more secure bike stands. OLTRE, an innovative Italian start-up with excellent expertize in industrial automation, is proposing a disruptive automated bike parking solution owing more secure and smart solution against theft, vandalism and atmospheric agents. This is BIKEINSIDE. BIKEINSIDE is a highly modular parking system that implements some of most advanced solutions in terms of mechatronics, sensors and IT solutions. An original business model based on loan-for-free-use of the infrastructure is proposed. Revenues come from two types of services: sale of parking/renting services to users at affordable rates and sale of advertising spaces. The unique features of our technology are: i) high modularity and flexibility, ii) high parking density (80% less land occupation); iii) short time to park or retrieve (12sec), reduced by 60% compared to existing automated systems; iv) eye-catching design of the infrastructure (attractive space for advertising); v) lower commissioning costs. On a 5-years outlook, BIKEINSIDE is expected to generate a cumulative turnover of 105 M€ and an EBITDA of 25%, for 575 systems expected to be installed worldwide. OLTRE has already collected more than 15 letters of endorsement from potential clients and stakeholders. One bike emits 21 g of CO2 per passenger/km, ten times less than a regular car. Promotion of bike mobility will help to reduce CO2 emissions, improve air quality, reduce noise and hence to have safer and healthier cities for all citizens. OLTRE was awarded of the Innovation Voucher from the Piedmont Region and BIKEINSIDE received the SME1 'Seal of Excellence'.'

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

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