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.

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

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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