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A new European Commission funded startup accelerator, Data Pitch, is being launched today with the aim of connecting established businesses and organisations with lots of data with startups who might be able to help them unlock the value of the info they hold and thereby tackle industrial and societal challenges.

 

Data Pitch will provide up to 50 European startups and SMEs with up to €100,000 in equity free funding, it said today, as well as mentoring, investment opportunities, and access to data from established businesses and the public sector — with each program running for six months.

 

The funding for the initiative is coming from the EU’s Horizon 2020 program. And the three-year data-focused accelerator project will be delivered by The University of Southampton, the Open Data Institute, Portuguese accelerator organization Beta-i and French data marketplace platform Dawex.

 

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