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

Project description

DEENESFRITPL

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.
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Programme(s)

Topic(s)

Call for proposal

H2020-ICT-2016-2017

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Sub call

H2020-ICT-2017-1

Funding Scheme

IA - Innovation action

Coordinator

SYSTEM@TIC PARIS REGION
Net EU contribution
€ 340 545,00
Address
2 BOULEVARD THOMAS GOBERT BAT 863 SITE NANO INNOV
91120 PALAISEAU
France

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Region
Ile-de-France Ile-de-France Essonne
Activity type
Other
Links
Total cost
€ 340 545,00

Participants (8)

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Last update: 4 September 2022

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Permalink: https://cordis.europa.eu/project/id/780842

European Union, 2024