Start date: 01/05/2019

Duration: 32 months

Topic: INNOSUP-01-2018-2020 – Cluster facilitated projects for new industrial value chains

Total budget: EUR  5 453 625

Website: blockis.eu

Block.IS is a new acceleration programme that aims to build an open and collaborative cross-border, cross-sectoral innovation ecosystem that fosters the use of blockchain technology in three vital sectors for the European economy: agrifood, logistics and finance. Block.IS accelerator will support SMEs and start-ups from the ICT sector all the way from ideation to commercialisation offering them tailored business and technical support as well as direct funding.

The Block.IS Acceleration programme will be based on a 3-phase process: INNOVATE > EXPERIMENT > COMMERCIALIZE. In each phase, the selected candidates will be offered a set of tech & businesses services and financial support to develop their projects in close collaboration with relevant clusters networks, sector specialists and technology experts.

Phase “INNOVATE” will offer €3.000 (lump sum) per candidate for 90 best project ideas. During one-month period, the winners will be invited to fine-tune their concept, elaborate a mock-up of the proposed solution and prepare a tech-Business pitch to present at the Block.IS Clusters-Innovators Assembly.

Phase “EXPERIMENT” will offer €50.000 per candidate for 45 best projects from Phase “INNOVATE”. Throughout this phase that last 8 months, the winners will be developing the proposed projects in close collaboration with Block.IS’s clusters networks, sector specialists and technology experts.

Phase “COMMERCIALISE” will offer €7.000 per innovator for 20 projects with the greatest business potential from Phase “EXPERIMENT”. This phase will last 2 months, when the winners will develop activities associated with the promotion and exploitation of their project, aiming to engage new customers and/or partners and/or investors.