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Is your startup working with Big-Data?

Join the REACH Incubator to get up to €120K, and opportunity to work with leading corporations and their proprietary data.

November 20, 2020
European project funding

The REACH Incubator has a €3.5 Million fund to foster the creation of data value chains across Europe and is looking for 30 promising big data startups and SMEs to take part in its first round of incubation. The call is open and will close on 15 February at 12:00h CET.

REACH is an incubation programme run by 10 core partners, among which is ZABALA, and 9 data providers. It will create a fertile ground for startups and SMEs to solve real-world challenges of large corporations and conduct experimentation of secured and trusted data-fuelled solutions which utilize proprietary, often multi-stakeholder, industrial and personal data.

Benefits the REACH Incubator provides:

Up to €120,000 in Equity Free Funding
Access to Large Corporations and their Industrial data sets
Access to Digital and Business Skills
REACH toolbox for secure and trusted data value chains
Big Data Computing Infrastructure
Access to Private Investment
Visibility

The programme takes startups through 4 intense stages of technical and business growth (EXPLORE, EXPERIMENT, EVOLVE and EXPOSE) over eleven months, and will go through 3 incubation rounds in its three-and-a-half-year project duration. Due to Covid-19, REACH will take all the precautionary safety measures and implement its incubation services online, whenever on-site meeting and trainings are not allowed.

How does it work?

Interested startups and SMEs have three ways of applying and participating in REACH Incubator.

THEME-DRIVEN (Track 1): REACH consortium has in collaboration with the 3 leading European Digital Innovation Hubs onboard defined the cross-sectorial Data Value Chain (DVC) themes to be tackled by participants. DVC themes available in the first open call are tourism & entertainment, energy, retail, healthcare & insurance, health, manufacturing/industry.

READY-MADE (Track 2): Applications will deal with challenges defined by the REACH Data Providers according to the needs detected in their market (JOT Internet Media, Migros Ticaret A.Ş., Sonae MC, Yapı Kredi Teknoloji, De Vlaamse Radio- en Televisieomroeporganisatie nv (VRT), Play&go experience, Idea75, Almerys, Biscay Government).

FREE CHOICE (Track 3): Applicants will devise novel DVCs by bringing their own data provider/s and/or their own datasets with those already facilitated within the REACH Data Catalogue. The applicant, a single SME, will apply together with their own Data Provider/s (at least one) proposing a joint challenge to be solved.

Reserve your place at the REACH Webinar to find out more. December 16th, 13:00 CET.