The main challenge to be addressed stems from the fact the competitive position of SMEs and the entry position of small newcomers like startups/scaleups is weak. For them, building innovation to scale is more attractive when working together with the bigger international media companies, rather than with the national media houses. MediaMotorEurope aims at becoming the reference link (the meeting place) between the supply side (ICT tech and deep-tech startups, scaleups and SMEs) and the demand side (Creative & media corporates, SMEs and Media houses) and offer in this way the bridge, along with the opportunity, of SMEs and startups/scaleups to shape together with media houses & enterprises the industry models of tomorrow offering better, more functional, reliable, accessible and secure digital content to the ever increasing on-line. It's important for the media to beware of the technological evolutions and stay competitive with these big technology companies & they can only do that with deep-tech SME's. Deep technology is influencing the media sector, e.g. based on technology advances in-augmented reality, virtual reality, mixed reality, haptics, social media, artificial intelligence, machine learning, blockchain/distributed ledger, cybersecurity, future internet/IoT, future networks (5G, low-power wide-area
network), etc.
In order to realise its vision, MediaMotorEurope brings forward 5 concrete objectives. The progress towards each of the objectives will be measured by keeping track of its expected outcomes and different KPI’s associated to them. The objectives are:
1. Bring together 4 innovation hubs and achieve coordinated and seamless collaboration between the hubs and their pool of startups/scaleups/media SMEs by building in common an international programme to engage and boost at least 60 deep-tech startups (out of at least 250 applications) in the development of tomorrow’s media solutions.
2. Develop and deploy a complementary service pack taking the best of each hub in order to provide mentoring and opportunities for the at least 60 selected startups.
3. Establish bridges between the project and relevant activities in Europe and worldwide, with the objective to foster MediaMotorEurope awareness, and to offer improved services to the startups and scaleups within the network.
4. Through the extensive networks of media and related sectors, provide visibility of the startups and their innovations through a set of focused and concrete dissemination activities and pitching opportunities
5. Demonstrate sustainability of proposed actions beyond the life of the project. In order to become a sustainable entity beyond the lifetime of the project (e.g. income from sponsors, startups, equity, …), we must get something in return to keep this going.