01/06/2014-01/08/2016

  • ICT Entrepreneurship
  • Innovation
  • Start up

Goal

Finodex was a Fiware accelerator that selected, funded and provided support services to 101 projects from SMEs & Web Entrepreneurs building upon the FIWARE technology and reusing Open Data.

FINODEX in numbers

493

Proposals received

101

European projects selected

52

Startups created and accelerated

4mln

Equity free funds available

The project

Finodex (Future INternet Open Data EXpansion)  was an European virtual accelerator that selected, funded and supported services to SME & Web Entrepreneurs building their products and services making use:

  • FIWARE technologies
  • Open data.

The FIWARE mission is to build an open, sustainable ecosystem around public, royalty-free and implementation-driven software platform standards that ease the development of new Smart Applications in multiple sectors
FINODEX promotes the re-utilization of open data with a clear business focus across Europe.

Results

As a result of our accelerator, 101 companies from 19 countries have been selected. The ROI of the acceleration has widely exceeded expectations reaching over a 75% and obtaining over €10.5m of additional funds for our companies.
HIT was involved in this projects as providers of business training, and open data training to Trentino’s SME, through a partnership with Fondazione Bruno Kessler and Trento Engineering.
Trentino ecosystem startups supported and funded by Finodex:
– OpenMove (100.000 €)
– Ecogriddy (50.000 €)
– Diabetes Lab (10.000€)
– KissMyBike (100.000 €).

The team

Veronica Barchetti
Business Analyst