Start date: 01/05/2019
Duration: 32 months
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.
InoSens will conduct communication, exploitation and dissemination activities, thus enable the strong uptake of Block.IS. These activities will contribute to the stakeholder engagement within Clusters Exchange programme and missions. Additionally, the team will perform impact assessment to evaluate the economic, social, and environmental effects of both consortium as well as project participant activities.