REACH Experiment Phase Kick Off!
On 7 June the REACH Incubator Experiment Kick Off event took place.
Reda Nouacer, the coordinator of REACH incubator set start to the REACH EXPERIMENT Phase, which will span across four months from June 2021 to September 2021. During this time the 10 EXPLORE Phase winners will get the opportunity to produce a minimum valuable product, develop a winning business plan, attend a variety of training and mentorship sessions as well as get the chance to have a dedicated coach, who they will be able to meet up with every two weeks.
Through the 11-month incubation programme, REACH will facilitate cross-sector, data-driven experimentation. The Incubator’s main goal is to produce Data Value Chains, which represent a multi-stakeholder data workflow where by applying data analytics, both data and solution providers reciprocally benefit through joint exploitation models.
During their incubation process, the startups will have the opportunity to receive up to 120K EUR in equity-free funding, get access to large corporations, data sets and private investment, upgrade their digital and business skills, as well as receive great visibility.