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.

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

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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