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.

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

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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