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ClosedToe SIGNED

Sock toe closing system for circular knitting machines

Total Cost €

EC-Contrib. €

Partnership

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ClosedToe 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.

entry installed feedback retrofitting linking sock predefined huge precision easily types commercial converted industries device market perfect flagship profit knitting labour carry commercialisation eliminating manual gives circular see platform closedtoe extensive customers brand enter commercialise machine patented patents industry sewn brands conclude toe machines strategy generate solution innovation networks adapt mechanics folds

Project "ClosedToe" data sheet

The following table provides information about the project.

Coordinator	NENCIONI SIMONE Organization address address: VIA ALDO MORO 76 city: MONTESPERTOLI postcode: 50025 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	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.

#	participants	country	role	EC contrib. [€]
1	NENCIONI SIMONE NENCIONI SIMONE Organization address address: VIA ALDO MORO 76 city: MONTESPERTOLI postcode: 50025 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.	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.

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