The 36 brightest Big Data startups and SMEs in Europe (and beyond) have been selected to take part in the European Data Incubator (EDI)!
What is EDI?
EDI is an incubation programme run by 20+ partners across Europe.
It gives the most innovative “Big Data” startups the opportunity to tackle real world challenges set by corporates across Europe, such as improving road safety in Barcelona or predicting fraudulent transactions in supermarkets.
Benefits of the programme include up to €100k in equity-free funding, mentoring, workshops, access to a free cloud environment, and the chance to connect with and be recognised by major European organisations.
What are the next steps?
The European Data Incubator (EDI) has a €5 Million fund to foster the data economy in Europe and has selected the 36 most promising big data startups and SMEs to take part in their next round of incubation. The programme gives the participants 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, with a combination of online sessions and physical meetings in Bilbao and Berlin. Each year of EDI incubation process is divided into three progressive phases, in which only the best startups pass to the next level: ‘Explore’, ‘Experiment’, ‘Evolve’.
In the next months, the startups and SMEs will take part on the first phase, ‘Explore’. Here we will take part in a datathon, practice their pitches, receive €5k (equity-free) and meet the corporations with which they will be working. Finally, a jury will decide which 16 startups will pass to the next level, ‘Experiment’.
Creation Labs AI
HOP Ubiquitous (HOPU)
Fractal Mind | Outliers
ELARA INDUSTRIAL ANALYTICS
Stay tuned for more details about each startup! Follow the startups journeys through social media: