ECFI: 80 Million Euros to be awarded to SMEs and Startups

Aug 25, 2014Ecosystem

In September 2014, while Munich is getting ready for the Oktoberfest, the city will also hold an event that will help hundreds of entrepreneurs create their businesses. The European Commission, in collaboration with FIWARE, has allocated a total budget of 100 million euros (80 million of which are fully destined to SMEs and startups) to foster innovation and business growth. The 16 FIWARE accelerators will not only be present at the event, but will also be open to proposals and available for those who want to talk personally to them. The European Conference on Future Internet (ECFI) is destined to be the main meeting point for developers, accelerators, politicians and entrepreneurs in terms of Future Internet.

If, according to Neelie Kroes, Vice-President of the European Commission, “the Internet is an amazing opportunity for any kind of innovator”, innovators are now called to attend an event where workshops and real success stories are a true value, thus grasping each and every one of the opportunities that the Internet of the Future has to offer. And of course it is not all about funding, FIWARE accelerators will also offer mentoring and advice to the selected projects. Again in the words of Neelie Kroes, “if you are a startup or small business with a bright idea for a new app or service, ECFI is a great way to make your digital dream come true.”

ECFI will definitely be an opportunity that SMEs and entrepreneurs can‘t miss; so, if you are one of them, do not hesitate to register at and attend the event where the latest FI technologies will be discussed, as well as their use in strategic sectors of the European economy such as health, transport, education, energy, agriculture or smart cities. Do not allow yourself to be out of the Future!

Related articles