Opendata, web and dolomites

Memorix SIGNED

Start Learning in 3D-Worlds with Powerful Memo-Techniques

Total Cost €

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EC-Contrib. €

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Partnership

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 Memorix project word cloud

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

efforts    instructional    16    search    2017    itself    properly    exceeded    mainly    drop    2020    tertiary    memorix    intelligence    model    mobile    gamification    web    retain    leavers    stablish    12    35    profit    solution    strategy    age    memorization    materials    workforce    oecd    engage    globally    countries    tools    education    shortly    2026    18    b2c    gradually    below    qualifications    job    26    co    total       fail    fact    poor    vr    40    15    least    despite    triggers    roi    washed    80    virtual    memory    75    students    3d    intrinsically    accelerator    helping    none    digital    powered    create    adults    cumulative    journeys    front    challenged    supporting    content    positions    completing    market    percentage    app    creates    goals    away    curricular    estimate    94    business    demotivation    uses    outs    motivating    gt    there    ai    jobs    educational    integrates    million    eager    11    qualified    disciplines    24    28    student    31    university    worlds    school    back    emotional    exams    subscribers    creation    34    learning    investment   

Project "Memorix" data sheet

The following table provides information about the project.

Coordinator
MEMORIX IVS 

Organization address
address: FRUEBJERGVEJ 3
city: KOBENHAVN
postcode: 2100
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 Denmark [DK]
 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 2019-12-01   to  2020-03-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    MEMORIX IVS DK (KOBENHAVN) coordinator 50˙000.00

Map

 Project objective

There is a high percentage of early leavers (11% among EU-28) and drop-outs among university students (31% among OECD countries). Students fail mainly due to demotivation and poor instructional materials being more eager to search for a job below their qualifications. One of the goals of the Europe 2020 strategy is to reach at least 40% of European adults (30-34 – year old) completing tertiary education (above school age) because today only 26% of the European workforce has this level despite the fact 35% of all EU job positions require this or higher level of education. Students are challenged with long-term memory and despite their efforts to retain information 80% of it is gradually washed away shortly after the exams increasing learning demotivation. Current digital tools are not properly supporting students in this challenge, and given that >75% of the curricular content of many disciplines are based on memorization, this is a priority challenge. Memorix app is our VR and AI powered mobile and web application that integrates emotional triggers and gamification elements helping students to well-stablish their long-term memory. To effectively engage students, Memorix app uses a co-creation approach where the student itself creates unique memory journeys in virtual 3D worlds, making the learning process intrinsically motivating. None of the current solution in the market offer a similar approach: co-creation in the front end and intelligence in the back end. Memorix app is a novel product into the Educational Technology market which exceeded €15.16 B globally by 2017 and is rapidly growing (18.3%/year). Applying a B2C business model, with Memorix app we estimate to reach 94,000 university students as subscribers by 2026 for a total cumulative profit of €24.9 million (€1.8 million Accelerator project investment, ROI of 12.5). This project will also help us to create at least 26 new qualified jobs.

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

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