nir-vana innovation network

<p>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 below.</p><p>The program is looking for 30 promising big data startups and SMEs to take part in its second round of incubation.</p><p>Interested startups and SMEs have three ways of applying and participating in REACH Incubator:</p><p>The submission process consists in completing an application form <a href="https://www.f6s.com/reach-oc2-startups/apply" target="_blank">available at F6S portal</a> before the call deadline.</p><p>The evaluation process is fully detailed in section 6 in the <a href="https://reach-incubator.eu/docs/Guidelines_for_Applicants_OC2.pdf" target="_blank">guidelines for applicants</a>. Please, carefully read them before submitting your proposal.</p><p>REACH is an incubation programme, that 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.</p><p>The REACH Incubator provides the following benefits:</p><p>The programme takes startups through 4 intense stages of technical and business growth (EXPLORE, EXPERIMENT, EVOLVE and EXPOSE) over 11 months.</p><p>REACH has been conceived as a 4-phase incubation/acceleration programme: <strong>EXPLORE &gt; EXPERIMENT &gt; EVOLVE &gt; EXPOSE</strong>, in which the selected SMEs will be offered a set of technical and business services to develop an MVP (Minimum Viable Product) and reach a high technology maturity level for their solution but also a high market and investment readiness level (MRL &amp; IRL).</p><p>REACH will support the selected applicant through a 11-month programme where experts in diverse fields will provide a successful working methodology, access to top infrastructure and services, training in business and data related topics, coaching, mentoring, visibility and community building support.</p><p>Each company funded will receive <strong>up to €100K</strong> depending on the stage reached in the incubation process under a lump sum scheme, based on the approval of different milestones or KPIs and along the funnel approach. In the case that the company wins the REACH Best Experiment Grant, will receive additional <strong>€20K, i.e. up to a maximum of €120 000</strong>.</p>