€5 Million Fund for Big Data Startups and SMEs– European Data Incubator is Open for Applications

European Data Incubator (EDI) is a Big Data incubator offering a dedicated acceleration programme and €5M funding for EU based startups and teams.EDI is looking for Big Data innovators and entrepreneurs from all over Europe to solve real industry challenges provided by various EU corporates and data providers across a wide range of sectors (from Smart Cities, Energy & Environment, to Internet & Media, Industry 4.0 and Retail sectors), or to develop independent data solutions utilizing the available datasets.

EDI’s offer is a great opportunity for entrepreneurs. Selected startups will have access to a free Cloud environment for scalable data processing, data from major European organisations, free business services to boost their growth, a network of data specialists, and up to €100,000 equity free funding.

The EDI incubation process consists of 3 incubation phases: EXPLORE → EXPERIMENT → EVOLVE, where continuous technical, business and funding support is provided to the startups qualifying for the different phases.

Funded by Horizon 2020, EDI is coordinated at European level by the University of DEUSTO, Spain, and it includes 4 additional core partners (ZABALA Innovation Consulting, F6S Network Ltd, Engineering Ingegneria Informatica and Etventure Startup Hub), as well as 15 data providers (Agencia Efe, Elektro Ljubljana, Emasesa, Energa, Migros, Sonae, Jot Internet Media, RACC, TU-Berlin, Ubimet, Via Verde, Virtual Power Solutions, VRT, Volkswagen Navarra, YKT) offering datasets and defining the business challenges.

Applications are open on F6S until 27 June noon CEST. More information on here.

This project has received funding from the European Union’s Horizon 2020 research and innovation programme under grant agreement No 779790.

 

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