ClosedToe SIGNED
Sock toe closing system for circular knitting machines
Total Cost €
0EC-Contrib. €
0Partnership
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0ClosedToe project word cloud
Explore the words cloud of the ClosedToe project. It provides you a very rough idea of what is the project "ClosedToe" about.
Project "ClosedToe" data sheet
The following table provides information about the project.
| Coordinator |
NENCIONI SIMONE
Organization address contact info |
| Coordinator Country | Italy [IT] |
| 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 | 2020 |
| Duration (year-month-day) | from 2020-01-01 to 2020-06-30 |
Partnership
Take a look of project's partnership.
| # | ||||
|---|---|---|---|---|
| 1 | NENCIONI SIMONE | IT (MONTESPERTOLI) | coordinator | 50˙000.00 |
Map
Project objective
We have 20 years’ experience working with precision mechanics for several industries. We have a number of own developments and products including patents for knitting machines. Based on our experience with knitting machines we have developed (and patented) the ClosedToe technology and have installed it on 50 circular knitting machines. Our ClosedToe solution allows the retrofitting of circular knitting machines with a device which folds the toe part of the sock together so it can be sewn together with the same machine. As a result, existing machines can be converted easily to become an all-in-one machine eliminating the need for a linking machine and manual labour. At present we have developed the ClosedToe solution for one brand to be used in two of their machines, but to reach commercial success we need to adapt it to the most common brands and types of circular knitting machines used by the industry. The aim of the ClosedToe Phase 1 project is to carry out an extensive market research and identify the most commonly used knitting machines by the industry and conclude a market entry and commercialisation strategy. During the Phase 2 development we will develop the ClosedToe solution for the identified machine types and enter the market according to the predefined strategy. The potential impact of this development is huge in the long term, but even in the short term we see that the ClosedToe technology will generate a significant profit 3 years after the development is completed. We have wide range of networks (over 50 past customers) and based on feedback from our flagship partners there is a significant need for our innovation. This gives us the perfect platform to commercialise our new technology.
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The information about "CLOSEDTOE" are provided by the European Opendata Portal: CORDIS opendata.