REACH incubation program
Up to €120k equity-free funding
Access to large corporations’ datasets
Data mentoring and business coaching
Big data computing infrastructure
The accepted applicants for REACH open calls are start-ups in the form of SMEs, that fit with the proposed participation tracks:
Individual SME experiment: Data Driven SMEs or Startups solving challenges and experiments.
Collaborative SME experiment: Several data driven SMEs will conduct different experiments under a common DVC theme or Data Provider’s challenge. This way of collaboration will be fostered by REACH partners, for example, identifying synergies among applicants along the incubation and facilitating their collaboration. The consortium will aim 20% of the experiments progressing on this collaborative scheme to contribute towards the DVC concept.
The use of big data tools is needed.
Uniqueness of the proposal.
TYPE OF ENTITY
The accepted applicants for REACH open calls are start-ups in the form of SMEs. A SME will be considered as such if accomplishing with the Commission Recommendation 2003/361/EC and the SME user guide. As a summary, the criteria which define a SME are:
Headcount in Annual Work Unit (AWU) less than 250.
Annual turnover less or equal to €50 million or annual balance sheet total, less or equal to €43 million.
Both SMEs and DPs must be established in a Horizon2020 eligible country:
The Member States (MS) of the European Union (EU), including their outermost regions;
The Overseas Countries and Territories (OCT) linked to the Member States;
H2020 Associated countries: according to the updated list published by the EC. The UK applicants are eligible under the conditions set by the EC for H2020 participation at the time of the deadline of the call as long as there is a fit with any of that call challenges.
PRIOR APPLICANT STATUS
Only one proposal per applicant will be accepted for evaluation. Others will be discarded.
Resubmission is allowed in further calls, if the SME/start-up was not accepted in a previous first call.
No double funding is allowed. Start-ups or SMEs that have previously been beneficiaries in other incubators approved under the same topic (H2020- DT-ICT-05-2019 subtopic 2), namely, i4Trust, will not be funded by REACH.
Deadline for Applications: 2022-02-22