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The BIND open innovation platform connects startups with established industry leaders to provide solutions to their internal digital transformation challenges. BIND promotes interaction and collaboration with disruptive startups as an effective source of innovation that favors the digital transformation of large companies. It is a win-win approach by leveraging the knowledge and agility of startups with the expertise and resources of large companies.
The Venture Client approach means that large companies, like our 70 corporate clients, hire startups for real projects in smart industry, clean energy and sustainability, health and food. It is an approach that allows the startup to maintain full equity in their company and gain important reference clients as they implement and scale their solutions. Both startups and corporate companies get real benefits and results.
BIND’s partner companies are constantly looking for new concepts, innovative ideas and early stage startups that can help them overcome their challenges in Industry 4.0. The benefit they get is to be able to interact with the best entrepreneurial talent in the world and develop innovative projects in an agile way and within a framework of controlled risks and costs.
This program does not accept early stage or development stage projects. BIND is aimed at incorporated startups less than 8 years old that have completed their technological development and are ready to launch their product or service to the market.
The selection process is divided into three phases:
PHASE 1: Pre-selection of startups
PHASE 2: Selection of finalist startups
PHASE 3: Matching Venture Client partner companies with finalist startups to collaborate on a project
Once the pre-selection process is completed in October, BIND will contact the pre-selected companies to coordinate the second phase interviews.
Unsuccessful applicants will also be informed that they are not continuing in the process. When the second phase interviews have been concluded, the BIND team will contact the shortlisted companies to coordinate a meeting between the startup and the Venture Client or industrial partner companies so that they can start defining and outlining the joint project, which will be developed during the 24-week acceleration cycle.
The Venture Client or corporate partners will provide each of the selected startups with the opportunity to develop a real Smart Industry project. During this phase, meetings will be held between the finalist startups and the interested Venture Client companies in order to define the scope of the project and sign a collaboration agreement or contract. In order to simplify the legal terms of the agreement, the BIND program will provide a standard contract template. However, both parties will be free to draft other clauses in the contract. Startups will have the legal support of the Program to formalize the agreement.
Although the final amount and conditions of the possible contract between the Venture Client company and the startup will be agreed by both parties depending on the scope and complexity of the project, the program establishes an indicative minimum value of 25,000 euros (VAT not included).
BIND offers high quality training and advice provided by professionals with extensive experience in open innovation, Industry 4.0, sales, investment and startup development. The goal of the training program is to push startups on business acceleration issues as they work on their collaborative smart industry projects
The UpEuskadi platform is free of charge. The information is available for online consultation free of charge.
If you have comments or questions, you can share them directly in the chat (bottom right) on the same platform.
If you have comments or questions, you can share them directly in the chat (bottom right) on the same platform.
The steps to follow to register are as follows:
If you have comments or questions, you can share them directly in the chat (bottom right) on the same platform.
This new platform offers multiple benefits for Basque startups, companies, and investors.
For Startups:
For companies and investors:
For ecosystem agents:
It is aimed at startups, companies, investors, and agents who are present/active in the Basque Entrepreneurship Ecosystem.
Diruz laguntzeko moduko jardueratzat hartuko dira EAEko enpresetan 5G teknologiak ezartzeko proiektuak, eredugarriak badira eta Euskadin teknologia horren eskaintza eta eskaria aktibatzea ahalbidetzen badute, enpresen lehiakortasuna hobetzea lortzeko.
Proiektuek tipologia hauetakoren batekoak izan beharko dute:
It is an initiative aimed to accelerate the path to net zero emissions in the Basque Country, fostering energy supply decarbonization and energy efficiency in the industrial sectors and creating market opportunities based on the scale-up of the new technologies and innovative services.
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