The European venture in Big Data takes off with the Global FIWARE Summit and EDI in Oporto

17/05/2018
European Data Incubator was presented at one of the key events in the ICT sector attended by more than 550 entrepreneurs from 36 countries.

EDI offers entrepreneurs to solve real challenges through the participation of organizations that give their data.

The European Data Incubator has presented its first open call for start-ups and entrepreneurs from all over Europe who want to use Big Data in the framework of the Global FIWARE Summit "Building a Smart Future with Data", held recently in Porto. This event is the official meeting of the ecosystem of the FIWARE community and is demonstrating through its high number of attendees (more than 550) that FIWARE technologies are a benchmark for smart city platforms, Industry 4.0 and the agri-food sector.

Within this event, the EDI project, in which ZABALA participates, has held its consortium meeting and has promoted meetings with start-ups from all over Europe interested in participating in its first call. EDI offers more than 5 million euros to SMEs and start-ups interested in entrepreneurship with new technologies and Big Data. Through its first call, participants can obtain up to 100,000 euros for lost funds, choosing one of the challenges proposed by the organizations providing data for the project. The call, which was launched last March, will remain open until June 27.

Interested companies will receive training, advice and will be offered the opportunity to participate in meetings with investors, Business Angels and other investors.

During the Oporto event, participants had the opportunity to get to know the EDI project and the call applied to different sectors with Diego López de Ipiña, EDI coordinator of the University of Deusto, and Miguel García, in charge of the management of the calls by part of ZABALA. Many of the participating start-ups approached the information session in an "elevator pitch" format in which data providers such as Via Verde, Migros, RACC, or SONAE participated, which showed their "challenges" for the companies. In addition, they were able to get close to the European Commission's policies and sources of financing with investors.

During the next month and a half the members of the consortium will participate in different events at European level to promote the call. In addition, there is a new online webinar session in which the rules of participation in the call will be explained, also leaving a turn of questions for attendees. It is free with registration.

Starting next September EDI will open again the participation in the incubator to new organizations that want to join as data providers for the project, and in this way offer new challenges to entrepreneurs interested in offering new services based on Big Data.