Skip to main content
Go to the home page of the European Commission (opens in new window)
English English
CORDIS - EU research results
CORDIS

ecoSystems Connected to AcceLerate and Encourage European Union start-uPs with high Potential

Project description

Empowering start-ups to take the lead in the IoT sector

The EU is committed to growing innovation in the dynamic Internet of Things (IoT) sector by actively supporting start-ups. To revolutionise the emerging IoT applications market, the EU-funded Scale-EU2p project is set to identify and nurture over 200 high-potential start ups. Operating through four interconnected hubs, it will bridge regional markets and scout for promising ventures in need of resources. Overall, the project’s ecosystems will employ value chain analyses and mobilise European market stakeholders to extend their scouting efforts across the entire European IoT landscape. The start-ups will receive support in organising matchmaking initiatives and forging alliances with innovation projects, bolstering their value and potential. Moreover, tools will be developed to facilitate their access to financing and the talent market.

Objective

Scale-EUp2 (ecoSystems Connected to AcceLerate and Encourage European Union start-uPs Potential) is a market driven action which ambitions to identify a portfolio of a minimum 200 high potential start-ups through the 4 connected hubs and to help them scale-up and to become leaders in the emerging Internet of Things (IoT) applications markets.

The 4 Ecosystems will join their efforts to scout-out for the high potential start-ups in need of resources, the hubs regional markets making it like a European spider-web. The ecosystems’ scouting will extend to the overall European IoT markets by exploiting value chain analyses and the mobilization of European market stakeholders from the hubs and beyond. The partners from the hubs will also provide support, once the different facets of scouting has been completed, to organize match-making, to help the selected start-ups to join innovation projects and thus establish partnerships, alliances allowing to reinforce the valuation of the start-ups. At the same time, the partners will develop and set up tools for the start-ups to gain access more easily to financing as well as to the human resources market.
.

Fields of science (EuroSciVoc)

CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.

You need to log in or register to use this function

Keywords

Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)

Programme(s)

Multi-annual funding programmes that define the EU’s priorities for research and innovation.

Topic(s)

Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.

Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

IA - Innovation action

See all projects funded under this funding scheme

Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) H2020-ICT-2016-2017

See all projects funded under this call

Coordinator

SYSTEM@TIC PARIS REGION
Net EU contribution

Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.

€ 340 545,00
Address
2 BOULEVARD THOMAS GOBERT BAT 863 SITE NANO INNOV
91120 PALAISEAU
France

See on map

Region
Ile-de-France Ile-de-France Essonne
Activity type
Other
Links
Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

€ 340 545,00

Participants (8)

My booklet 0 0