Opendata, web and dolomites

BacLEATHER SIGNED

UPSCALE OF AN INNOVATIVE, PIONEER AND SUSTAINABLE BIOMATERIAL (BacLEATHER) FOR THE FOOTWEAR INDUSTRY

Total Cost €

0

EC-Contrib. €

0

Partnership

0

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 BacLEATHER project word cloud

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

confirm    vertical    shoes    performance    fermentation    footwear    materials    ethical    ecological    flow    2019       hazardous    successfully    alternative    investment    inditex    animals    natural    xxi    grupo    safer    create    cumulative    clients    free    material    creates    size    slaughtering    mainly    reproduce    dependent    trend    unfortunately    biomaterial    view    world    reducing    brands    avoidable    environment    roi    16    fit    tempe    louis    point    billions    bacterial    clear    prepare    environmental    comments    alternatives    see    global    proprietary    considering    opportunity    industrial    series    upscaling    bases    tanning    pvc    owner    cagr    mimics    adidas    entering    fast    synthetic    huge    poorer    brand    manufacturers    leather    patent    chemicals    zara    cruel    usa    bacleather    companies    100bn    century    vuitton    cash    practices    market    productivity    business    sustainable    goods    610    nike    seek    toxic    perspective    puma    inefficient    profitability    75    client   

Project "BacLEATHER" data sheet

The following table provides information about the project.

Coordinator
PATENT SHOES SL 

Organization address
address: CALLE FEIJOO 18 PRIMERO IZQUIERDO
city: MADRID
postcode: 28010
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 Spain [ES]
 Project website http://www.patent-shoes.com/
 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 2019-02-01   to  2019-07-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    PATENT SHOES SL ES (MADRID) coordinator 50˙000.00

Map

 Project objective

The global leather business is still mainly dependent on raising and slaughtering of billions of animals. This, in the XXI century is not only an inefficient and cruel process but also, it creates a huge environmental impact, which could be avoidable. Unfortunately, brands and shoes manufacturers have no ecological alternative to natural leather that can reproduce successfully its key characteristics from the consumer point of view. Existing alternatives in the market, mainly PVC bases synthetic leather, do not only show poorer performance from client perspective but also they still create a huge environment impact. Potential clients across the world (Inditex and Louis Vuitton in Europe; Puma, Adidas and Nike in USA) do confirm there is a clear trend towards the development of safer, toxic-free, sustainable, environmental-friendly and more ethical footwear and leather goods. Furthermore they confirm the need of new materials to increase their productivity and profitability while reducing the use of hazardous chemicals in tanning practices. Considering the size of the leather market (estimated around 100bn$ by 2019, CAGR 3,4%) and these comments from clients, we see very high potential in upscaling to industrial level the results we obtained so far with BacLEATHER, a leather-like biomaterial. This material is produced by bacterial fermentation through a proprietary technology and mimics leather characteristics. Patent Shoes, S.L. has already been able to produce the material in short series and we have already established a collaboration with TEMPE, from GRUPO INDITEX (one of the most important brand footwear companies, owner of ZARA brand, among others) in order to prepare the material for its market-fit within the footwear vertical. We see in the BacLEATHER project a clear investment opportunity, in which we seek entering the fast growing leather-like market and achieve a five-year cumulative cash flow of €16,75 M€, meaning a 5-years ROI of 610%.

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

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