EFFICIOUS

Completed

The project with code Τ2ΕΔΚ-00023 and name EFFICIOUS is executed through the Operational Programme “Competitiveness, Entrepreneurship and Innovation” of the Partnership and Cooperation Agreement (NSRF) for the period 2014-2020 through the Action «ΕΡΕΥΝΩ – ΔΗΜΙΟΥΡΓΩ – ΚΑΙΝΟΤΟΜΩ» (Β’ Κύκλος). The total budget of the project is €199.778,00, while the Public Funding for the project is 151.803,40.

Abstract

The project’s goal is to create an online platform, that will connect the companies (through their representatives) that want to exchange not useful products, or unused equipment or even services. This platform will also provide the opportunity to recycle or even donate to charity or other organizations. In this way, the platform will try to tackle the problem of unused resources and unused equipment of companies and especially in the construction field.

The project will analyze and describe the needs of the market and the users, and the architectural design of the platform (the modules, requirements and functionalities of EFFICIOUS). At the same time, a smart algorithm will be developed in order to match demand and supply. Then the implementation of the platform will be initialized, the corresponding database will be created, and the interface will be configured. Finally, a pilot will be carried out with the help of construction companies and a feasibility study along with a business plan will be produced.

The creation of the platform aims to re-use surplus products or services through their exchange, aiming at enhancing the circular economy, waste management and reducing energy footprint of companies. EFFICIOUS’s goal is to offer a holistic solution that will generate profit for the companies by creating value for unused products and thus reducing the companies’ costs.

Visit efficious: https://efficious.com/

Role of AETHON

AETHON is the only beneficiary and coordinator of the project

Public Results

Project Information

Project ID: Τ2ΕΔΚ-00023

Duration: 28/7/2020 to 27/7/2023 (36 months)

Budget: €199,778.00 €