REACH

EuRopEAn incubator for trusted and secure data value Chains

REACH

EuRopEAn incubator for trusted and secure data value Chains

PROJECT DATA

Project Coordinator: CEA – Commissariat à l’énergie atomique et aux énergies alternatives (FR)
Category: Data, Incubator
Location: EU member states and Associated countries
Start: 09/2020 – End: 02/2024

Logo comunità europea

EuRopEAn incubator for trusted and secure data value CHains’ — ‘REACH’
Part of Big Data Value Public-Private Partnership https://www.bdva.eu/. This project has indirectly received funding from the European Union’s Horizon 2020 research and innovation programme under REACH Incubator (Grant Agreement no. 951981)

PROJECT DATA

Project Coordinator: CEA – Commissariat à l’énérgie atomique et aux énérgies alternatives (FR)
Category: Data, Incubator
Location: EU member states and Associated countries
Start: 09/2020 – End: 02/2024

Logo comunità europea

EuRopEAn incubator for trusted and secure data value CHains’ — ‘REACH’
Part of Big Data Value Public-Private Partnership https://www.bdva.eu/. This project has indirectly received funding from the European Union’s Horizon 2020 research and innovation programme under REACH Incubator (Grant Agreement no. 951981)

RESULTS

0

International Open calls

+
0

EU startups
and SMEs reached

+
0
M€

Investments in SMEs

+
0
Gb

Dataset size shared
by Idea75

#
0

Idea75 has been the most chosen Data-provider in Explore phase of first open call

OBJECTIVES

REACH aims to create a European-wide second-generation incubator for data-fuelled start-ups & SMEs that aims to facilitate the development of trusted and secure innovative solutions based on industrial and personal data.
Reach logo

To take a leading position on Data Economy, Europe is placing focus on breaking “data silos”, and accessing, sharing and reusing data, still ensuring that this happens in a secured and trusted manner. For that, the European Commission is supporting pilot projects and innovation spaces to allow experimentation on cross-sector multi-stakeholder data innovation.

REACH integrates 3 DIHs and 9 public/ private data-providers and 2 private investor brokers. It aims to generate 10M€ volume investment for SMEs creating 15 data value-chains delivering fit-to-market products.

SOLUTIONS

REACH supports start-ups & SMEs aiming to develop innovative experiments within data value chains.
Three Open Calls have been scheduled expecting to attract +500 data driven concept-applications and select 100 business ideas to undertake a 4-phases funnel Tech-Biz acceleration programme.
Idea75 contributes as data provider with a big dataset based on industrial production performance and three challenges addressing the topics of monitoring, predictive maintenance and energy efficiency.

REACH supports the generation of new data-fuelled products & services by offering a full-service pack consisted of: tech-training and experts, datasets, technological bricks for secure and trusted data value chains, computing infrastructures, business development training & coaches and up to €120k equity-free funding.

MORE IN DEPTH

The Reach project offers many instruments to EU SMEs:

  • cascade equity-free funding for organizations to finance their innovations;
  • a range of Data Providers coming from different sectors offering their data and corporate challenges for experimentation;
  • data mentoring and business coaching available for companies to help develop their experiments and turn them into market-ready solutions;
  • ready-to-use tools an state-of-the-art technologies for increasing trust and security in data sharing and exchange;
  • Big Data infrastructure to host experiments and facilitate the development of data-fuelled solutions in short time;
  • a network of corporate and private investors engaged to select and potentially invest in promising companies with great go-to-market and growth potential;
  • ecosystem and organizational visibility towards new partnerships and business opportunities.

ACCELERATION PROGRAM

Reach proposes a 4-phases funnel Tech-Biz acceleration program to support companies in one of the 43 challenges addressed by data providers in round 1and continuously growing in the next rounds scheduled.

  • EXPLORE – Idea validation. In this phase, during a two-month period, sub-grantees design the solution and associate business model in their own premises;
  • EXPERIMENT – Product realization. The selected teams meet the data providers involved in their proposal in order to accompany the respective challenge they are participating in, to define the features of the Minimum Viable Product (MVP) and to coordinate the necessary resources for the MVP development;
  • EVOLVE – Product refinement & Market Launch. The selected start-ups/SMEs receive support in growing their business, further developing their business model for success and seeking and achieving investment for the sustainability of their data-driven solution;
  • EXPOSE – Private investment fund raising. Subgrantees having reached.

NEWS

STAKEHOLDERS & CREDITS

PROJECT COORDINATOR

MSc with honors & PhD in Electrical Eng.
Politecnico di Bari (IT)
EU Marie Curie Fellow
Nottingham University (UK)
40+ international papers
30+ industrial and R&D projects

PROJECT MANAGER

Senior Project Manager in Idea75.
MSc in Telecommunication Engineering
Politecnico di Bari
MSc in Economics and management
Università degli studi di Bari
MIT Professional Education, Master in ICT management
Università Milano Bicocca
12+ y of experience in ICT business

The CEA LIST research institute focuses on the development of software and hardware technology for highly integrated complex systems. It has a long experience of European funded projects but also in technology transfer to industry and SMEs.
www.cea.fr

It is a Spanish University recently recognized as an International Excellence Campus. The MORElab group has a strong background in the application of Artificial Intelligence techniques to middleware for embedded and mobile systems in order to foster context-aware reactivity.
www.morelab.deusto.es

ITI is a Spanish Research & Technology centre specialised in ICT focused on 6 key digital enablers around the Data Cycle: Cyber connectivity, Cyber-Physical Systems, Computing Infrastructures & Platforms, Big Data Analytics, Optimization Technologies and Artificial Intelligence.
www.iti.es

PARTNER

Zabala is a Spanish SME (over 200 employees) that has a wide experience in supporting entities in the management of their RTD and innovation activities, as well as in technology transfer projects and initiatives.
www.zabala.es

PARTNER

Bright Pixel is a company builder studio, working on the assumption that putting together industry partners, technology, incubation and investment contributes to launching better and more robust tech-based companies and products into the market.
www.brpx.com

PARTNER

F6S is the largest Startup/SME community globally with over 4,2 million founders and startups. F6S delivers more than €2 billions every year to Startups and SMEs with the leading CRM for deal, challenges, structured programs, services, partnering, grants and free resources.
www.f6s.com

PROJECT KEYWORDS