Telefonica to help EU set up ODInE open-data incubator

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Telefonica to help EU set up ODInE open-data incubator

12 Nov 2014 Marcel 0

Telefonica has joined a consortium of seven organisations in setting up a new EU-wide network of open data startups called ODInE (Open Data Incubator for Europe). The 30-month incubator programme is modelled on the open data startup incubator run by the UK’s Open Data Institute (ODI) and will be funded with a EUR 7.8 million grant from the EU’s EUR 80 billion Horizon 2020 research and innovation programme. In addition to Telefonica and the ODI, other organisations in the consortium include the University of Southampton, Fraunhofer, the Open Knowledge Foundation Germany and the Guardian.

Telefonica will provide the computing infrastructure to facilitate the use of open data sets, and its startup accelerator Wayra will be using its expertise in this area to help shape the incubation process while also leading the start-up outreach efforts.

ODInE is due to launch in spring 2015 with up to 50 new startups, each of which will receive between EUR 50,000 and EUR 100,000 to develop their concepts, together with mentoring, technology, infrastructure and networking support.

http://www.telecompaper.com/news/telefonica-to-help-eu-set-up-odine-open-data-incubator–1048075

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