ZABALA Innovation Consulting has led the evaluation and selection process of the 40 most promising European startups in Big Data.
European Data Incubator (EDI) is a 3-year project that offers around 100 startups the chance to solve data challenges set by major European corporates. As last year, ZABALA has led the call management process, leading the evaluation and selection of the 40 most promising European startups in Big Data.
This second-year programme has evolved from the first. This year startups have been able to apply for EDI via new tracks: in addition to choosing the challenges set by the EDI data providers, startups have been able to also either propose additional external data to solve said challenges, or create their own challenge from scratch with their own data provider. These new options have given the startups more flexibility and freedom to create the most impactful big data innovations.
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 organizations.
Each year of the EDI incubation process is divided into three progressive phases, in which only the best startups pass to the next level: ‘Explore’, ‘Experiment’, ‘Evolve’.
On 9 and 10 October 2019, the 40 bright startups will travel to Berlin for the first ‘Explore’ phase. Here they will take part in a datathon, practice their pitches, receive €5k (equity-free) and meet face-to-face with the corporates. Finally, a jury will decide which startups will pass to the next ‘Experiment’ level.
European Data Incubator (EDI) programme is run by 20+ partners across Europe, including ZABALA Innovation Consulting. It gives the most innovative ‘Big Data’ startups like – Data Providers, Sonae, EMASESA and IAAF- the opportunity to tackle real world challenges set by corporates across Europe.
To read more about EDI, visit their website: www.edincubator.eu
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DIGITAL EUROPE
Opinion
INNOVATION STRATEGY
Juan Cristóbal García
Senior Innovation Strategy Consultant
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