Finodex second call is closed with great success after receiving 297 proposals

This represents more than one hundred projects than presented in first call. Results will be known by next September

FINODEX accelerator second call funded by the European Commission has received 297 proposals. This represents more than a hundred projects than in the first open call closed in December 2014. Finodex supports projects from SMEs and entrepreneurs based on the reuse of Open Data and FIWARE technologies, enhanced by the European Commission with the goal of generating new ICT products and services.

Finodex accelerator is leaded by ZABALA Innovation Consulting and the consortium is formed as well by Trento RISE, Copenhagen Business School, Engineering, ASOLIF, Europe Unlimited and Konsulentfirmaet Ivan Häuser.

Finodex counts with a dedicated fund of 4.64 million euros for SMEs and start-ups. One hundred of innovative projects will be selected through the two calls. The chosen proposals could optain between 10,000 and 170,000 euros no-equity grant. Selected participants will pass different phases, supported by the consortium, having the opportunity to attend to relevant events or meet investors and receive up to 170,000 euros. During next September the selected projects will be made public.

Some of the interesting figures on the second call show 213 of 297 proposals presented came from small and medium-enterprises (71.71%) versus the 84 by entrepreneurs (28.29%). Projects from 32 countries have been submitted. Most proposals came from Spain (78) and Italy (46). Behind these countries we have Germany (20), Greece (19), the United Kingdom (15), Netherlands (11) and Denmark (11).

Related to the topics, most projects have been focus on Smart Cities (87), eHealth (52), Transportation (30), Agrifood (29), Media and Content (22), Society and Learning (20), Energy and Environment (19), Manufacturing and Logistics (5) and other projects (30).