REACH 3rd Open Call for projects led by SMEs
The call will fund the execution of projects led by SMEs including a Data Value Chain (DVC) scenario where value is created from the sharing of data, proposing innovative products and services making use of Big Data tools but also adhering to one of the participation tracks defined.
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 8 leading European Digital Innovation Hubs defined the cross-sectorial Data Value Chain (DVC) themes to be tackled by participants.
The participating DIHs are CEA, CERTH, DEUSTO, ITI, CERR, 4PDIH, CONNECT5 and TERA.
DVC themes available in the third open call are Engineering, Retail, Agriculture, Digital Marketing, Circular Economy, Manufacturing/Industry, Health, Energy, Tourism, Entertainment, Transport, Manufacturing/Industry, Cybersecurity and Emergency Management
READY-MADE (Track 2)
Applications can propose solutions to challenges defined by the REACH Data Providers according to the needs detected in their market.
Data providers sharing their challenges are JOT, Migros, Sonae, VRT, YKT, Play & Go, IDEA75, Almerys, EDP, COFARES, AN Group, Smatorino, Bilbao Council.
The sectors they are covering are Digital Marketing, Retail, Media, Finance, Tourism, Manufacturing/Industry, Healthcare & Insurance, Energy, Pharmaceutical Services, Transport and Entertainment
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.
REACH facilitates a fertile ground for 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.
FUNDING AND BENEFITS
- 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