Community Research and Development Information Service - CORDIS

H2020

ODINE Report Summary

Project ID: 644683
Funded under: H2020-EU.2.1.1.4.

Periodic Reporting for period 1 - ODINE (Open Data INcubator for Europe)

Reporting period: 2015-02-01 to 2016-04-30

Summary of the context and overall objectives of the project

Public bodies, citizen groups, and industry around the world are embracing the open data movement. They have published a large share of their data assets in freely accessible forms. This open data is fuel for the digital age, powering insights, and boosting the speed and flexibility of business. We will see a global supply-and-value chain ecosystem emerging around data, delivering not just higher volumes of the same, but, crucially, new and improved products and services.

ODINE's main objective is to establish an EU-wide, industry-focused network of open data start-ups and SMEs around Europe through an incubation model. The incubation model includes support in terms of financial, data, and computing resources, but also not distracting them too much from building and growing their company during incubation, and offering the credible possibility of acceleration via the consortium in due time. In particular, ODINE will:
-Support the formation process of innovative open data-driven services and business ideas and help turning them into focused commercial and social enterprises.
-Run regularly scheduled and well-advertised competitions for SMEs to submit mini-project proposals.
-Provide seed funding and mentoring for the most promising ideas to be funded for a period of six months.
-Assist the implementation and deployment of these ideas from the technological (help with infrastructure, data processing, toolkits, etc) and business development point of view (PR, marketing, sales planning, etc).
-Create a process to connect successful ODINE graduates with alternative sources of funding and business networks.

Work performed from the beginning of the project to the end of the period covered by the report and main results achieved so far

Set up and management of a workflow for receiving, evaluating and selecting applications to join the program and its associated documentation. We have received 618 applications from 501 SMEs and selected 39 companies to join the program.
Development of an acceleration portfolio defining the tracking, training and showcasing activities for SMEs in the program.
1.5 Million of impact, measured as the amount of sales, investment and efficiencies unlocked by the companies.
Set up offer of technological infrastructure and support (FI-ware, commercial cloud access, open data tools) for companies in the program that solicit it.
Publishing of a first set of guidelines on how to release data, covering legal aspects which are crucial for scenarios in which open and enterprise data are used in combination.
First version of the ODINE data value chain database.
Set up online presence of the project (website, social networks) and design of project's branding and marketing materials.
Release of the first version of the Stakeholder database: european companies with participation in open data.
Definition of the exploitation strategy in terms of commercial, Open Data community and knowledge.
Definition of sustainability strategy.

Progress beyond the state of the art and expected potential impact (including the socio-economic impact and the wider societal implications of the project so far)

ODINE has created awareness of Open Data as a commercially valuable asset in different domains, receiving applications from HealthCare, transportation and energy management that we foresaw in our expected impact, but also from; Environmental, Renewable Energies, IoT, Legal Services and others. This implies that we have widen the scope of action of Open Data to larger sectors of society.

We have proposed a model for a data-value chain, providing an essential tool for monitoring open data reuse and evolution.
We have surpassed our expected impact in terms of mini-project applications (618, expected 500), confirming our goal of attracting companies interested in Open Data. For the reported period, we have measured an economical impact of 1.5M euros.

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