Berlin, 20 September 2019- SMAP Energy has been selected to take part in the European Data Incubator (EDI), a 3-year project that offers around 100 startups the chance to solve data challenges set by major European corporates like RACC motoring club and the multinational Sonae.
What is EDI?
EDI is an incubation programme run by 20 partners across Europe. It gives the most innovative “Big Data” startups the opportunity to tackle real world challenges set by corporates across Europe.
SMAP Energy is taking part in EDI to solve the challenge set by ENERGA-OPERATOR SA: Determining Load Profiles for Customers in the Indicated DSO Area based on Smart Meters. As part of this program, SMAP Energy will be developing a data-driven application for determining the load profile for energy metering points in a DSO network area.
Benefits include up to €100k in equity-free funding, mentoring, workshops, access to a free cloud environment, and the chance to connect with and be recognised by major European organizations.
Datathon in Berlin
Each year of EDI incubation process is divided into three progressive phases, in which only the best startups pass to the next level: ‘Explore’, ‘Experiment’, ‘Evolve’.
On 9 and 10 October 2019, the SMAP team will travel to Berlin with 40 other startups for the first ‘Explore’ phase. Here we will take part in a datathon, practice our pitches, receive €5k (equity-free) and meet face to face with the corporates. Finally, a jury will decide which startups will pass to the next ‘Experiment’ level.
Follow our journey through EDI!
To read more about our participation in EDI, please visit the website: www.edincubator.eu
Connect with EDI for flash news about our journey:
@EuropeanDataIncubator @edincubator EDIncubator H2020