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FloodFrame

A LIFE JACKET FOR YOUR HOUSE IN FLOOD TIMES

Total Cost €

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EC-Contrib. €

0

Partnership

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 FloodFrame project word cloud

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

complete    300    45    home    foundation    solution    roi    height    rising    individual    18    63    climate    215    installation    events    least    trl9    98    optimizing    engineers    protecting    devastating    fulfill    direct    giving    flooding    price    protected    frequency    household    chain    flat    12    wraps    electricity    72    consolidation    buildings    interaction    protection    competitive    lack    floodframe    business    economic    houses    experts    holders    human    revenues    homeowners    model    commercial    building    owners    installed    quality    2024    29    trl7    homes    membrane    profit    fold    cumulated    employees    risk    businesses    387    pending    date    2017       people    rises    automatic    primary    flood    prototype    worldwide    sales    forecasted    houston    fulfilment    automatically    affordable    occurrence    possibility    waterproof    customers    cumulative    million    market    causing    roskilde    functioning    fjord    trainers    surface    adopters    final    water    solutions    license    activated    patent    supply    dk   

Project "FloodFrame" data sheet

The following table provides information about the project.

Coordinator
FLOODFRAME AS 

Organization address
address: MOSERANDEN 2
city: HORSHOLM
postcode: 2970
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]
 Project website https://floodframe.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 2019-05-01   to  2019-08-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    FLOODFRAME AS DK (HORSHOLM) coordinator 50˙000.00

Map

 Project objective

Climate change has increased the occurrence and frequency of flood events worldwide, and 215 million people are currently under flood risk. Flooding can be devastating for both homes and businesses, causing economic loss. An estimated cost of a flood is €98,000 per household, and, to date, there is a lack of effective individual solutions for houses and buildings in the flood protection market. At FloodFrame A/S (DK, 2017), we have developed FloodFrame (patent pending): an automatic and pre-installed Flood Protection Technology for houses and buildings based on a waterproof membrane, which wraps the building during flood events protecting also its foundation. It does not require a flat surface to be effective and is activated by the rising water functioning without any electricity or human interaction while giving the possibility to increase the protection height during the flood automatically as high the water rises. FloodFrame is currently offered at a competitive price of €300/m. Today there is no solution in the flood protection market that could fulfill the specific needs of home owners and at an affordable price. Our primary target customers are homeowners who have already experienced a flood, like our 12 Early Adopters in Roskilde Fjord and Houston (US). Today, our prototype is at TRL7, and this project will help us to reach the TRL9 by optimizing and testing the final design and the installation process as well as to complete the commercial activities still needed to reach the market (e.g. supply chain consolidation and fulfilment of legal and quality requirements). By 2024 and based on a two-fold business model – direct sales and license holders – we expect to reach at least 0.7% of the market across Europe and US (least 7,387 properties protected by FloodFrame).Thus, we have forecasted €29.72 million of cumulated revenues (€18.63 cumulative profit - ROI 4.45) and at least 40 new employees (20 technical support, 10 trainers, 4 engineers and 6 sales experts)

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

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