EUROPEAN DATA INCUBATOR 3RD OPEN CALL FOR STARTUPS Open call for startups and SMEs to participate in the European Data Incubator Big Data programme.
Field: Field: Startups, Big Data, Innovation
The European Data Incubator is a part of the European Commission’s efforts to build a data-driven economy in Europe by taking advantage of Big Data to create a competitive advantage. European Data Incubator, the EDI programme, aims to facilitate the use of Big Data by startups and SMEs as well as increase their technical and business skills.
So far the EDI has held 2 previous open calls that have resulted in 70 Big Data startups benefiting from the programme. As a result, this third open call is targeted towards startups, SMEs and groups of individuals (two to four people) who have expertise in a specific sector and have low to medium acquaintance with Big Data and Artificial Intelligence tools.
The open call is divided in three tracks and applicants are free to choose which of the three apply to them.
“Ready-made” where the applicant selects one of the challenges where data sets and data providers have been predetermined.
“Half and Half” track allows participants to bring their own challenges and use one EDI data set and one external data set to solve it.
“Free Choice” track allows applicants to choose their own challenge, data provider and data sets.
Each successful applicant will receive up to €100,000 in funding dependant on the maturity of the idea being developed and different KPIs. In addition, there will be training on state-of-the-art Big Data tools and mentorship, connections with other startups in the industry and access to data providers to develop the product. Training on soft skills and fundraising will also be offered to successful applicants and your startup will be featured as a part of the Big Data Value PPP European initiative and receive a great deal of visibility as a result. The deadline for this open call is 17th June 2020.
For more information on eligibility, click here.
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