Key Info

Basic Information

Prof. Dr. André Bardow
Faculty / Institution:
Mechanical Engineering
Project duration:
01.01.2018 to 31.12.2018
EU contribution:
43.533 euros




This project aims at the development and validation of a business model for the environmental consulting company Carbon Minds. Carbon Minds will construct a comprehensive database for environmental data on chemicals and commercialize two services: “Environmental Supply Chain Optimization” and “Climate-Policy Risk Assessment”. These services build on the innovative software-tool COMPASS developed within the Climate-KIC Flagship Project “enCO2re-ecology”. COMPASS enables the modelling of material flows, environmental impacts, market mixes, prices and costs within the chemical industry at an unprecedented level of detail. In parallel to the definition of the business model, we will develop a professional version of the COMPASS software and database and demonstrate our services to potential customers based on two industrial case studies. The work carried out in this project provides a strong basis for the market entry of Carbon Minds in 2018 or early 2019.

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This activity has received funding from the European Institute of Innovation and Technology (EIT), a body of the European Union, under the Horizon 2020, the EU Framework Programme for Research and Innovation.


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