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.

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

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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