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European Data Incubator Is Looking For 50 Big Data Startups

Are you a big data startup? Join the EDIncubator programme and get up to €100K, a dedicated mentor and work side-by-side with a large corporate.
Applications are open

The European Data Incubator (EDI) has a €5 Million fund to foster data economy in Europe and is looking for 50 promising big data startups and SMEs to take part in their next round of incubation.

EDI is an incubation programme, run by 20 partners across Europe.

It gives startups and SMEs the chance to grow their business as they solve a real-life challenge set by a major European corporate, with the help of up to €100K equity-free funding and a dedicated coach.

The programme takes startups through 3 intense phases of growth over eight months, from August 2018 – April 2019, with a combination of online sessions and physical meetings in Bilbao and Berlin.

Participants from the first EDI round state that EDI has not only given them the chance to solve a corporate challenge and create a new product, but also grow their business as a whole. “The technical support, mentoring sessions and funding have helped us take a step forward,” said Bigda Solutions’s CEO.

How does it work?

Interested startups and SMEs will solve a challenge during the incubation programme. This year’s open call allows for 3 types of application tracks:

1) Ready-made: A ‘ready-made’ challenge pre-set by EDI, with options by large corporates in the fields of IoT, transport, sports, gaming, media, energy and the environment, fraud detection, smart cities, retail, and finance.

2) Half and half: Bring your own challenge, but solve it using one EDI data set and one external data set.

3) Free choice: You are free to propose your own challenge, and solve it working with your own data provider and external data sets.

Is your big data startup ready to grow? Apply here. (Deadline Wednesday 19 June, 12:00 (noon) CEST)

The press release published here reflects only the opinion of the author: F6S

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