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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.

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

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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