CreatiFI has devised a two-stage, consecutive and complementary open call in each hub.
In this phase you need to have a good idea what you would like to develop and create in next 8 months. You have to use at least one of FIWARE technologies (enabler).
Open Call 1 was closed in November 2014.
- Use FIWARE technologies
- Be individuals, web-entrepreneurs, teams or SMEs[*] established in a EU member state or or Switzerland, Israel, Norway, Iceland and Liechtenstein, Turkey, the Former Yugoslav Republic of Macedonia and Serbia, Albania, Montenegro, Bosnia & Herzegovina, Faroe Islands or Republic of Moldova.
- Participant can submit an identical proposal to three accelerators in FIWARE open calls but can get funding only from one.
Criteria for Open Call 2:
Open Call 2 is open for proposals from 1st August to 30th September 2015. It is aimed for commercial development and acceleration of products and services that use FIWARE technologies.
OPEN CALL 2: PROPOSAL SUBMISSION – 1st August – 30th September 2015
Open call 1 and outside participants are called to submit the status of their current technological development and their project plan. At least 18 teams distributed throughout the hubs will be selected to proceed and rewarded with EUR 10.000.
The Open call allows for submission by eligible entity. The criteria and process for evaluation are explicitly formulated to give all participants equal chance and access to available funding. The submissions will consist of a proposal including: a description of the current state of technological development of the prototype technology that will be commercially developed into a market-ready product; a business plan describing current and/or potential clients and markets; and a project plan outlining the main milestones to be reached during the development. We will allow participants to define budgets according to their needs up to 100k, allowing for smaller budgets in case participants do not need the full 100k to reach the desired market-ready state of their product.
Up to 40 submissions will be invited to pitch their proposal to a panel of experts consisting of external experts and CreatiFI consortium members. These event are organized by CreatiFI Regional Hubs.
Based on the submission and the pitch according to the criteria below, and depending on the call budget, a minimum of 18 winners will be selected with minimum 4 participants per Hub.
The winning teams will receive 10% of their projected budget as an award for successfully completing this stage. Bootstrapped entrepreneurs will be able to use this money to partly fund their activities for the following months, ensuring they are able to make the decision to participate.
FIRST CHECK-UP – March 2016
The selected teams are checked on progress against the milestones. Each team who is passing the check-up will be rewarded EUR 20.000.
At this stage, all teams are checked on progress in terms of tangible outcomes against the milestones projected in their approved project plans.
SECOND CHECK-UP – June 2016
If the teams succeed in the end evaluation they will be rewarded EUR 30.000.
The participants are evaluated on their final report that concerns two aspects mainly: the technology and the execution of the business plan. The technology will be measured against the projected milestones and previously reported progress. The execution of the business plan will be evaluated based on on-going activities and projections, and living lab results.
FINAL DELIVERABLES – September 2016
If the teams succeed in the end evaluation they will be rewarded EUR 40.000.
The project team will present their product and the first commercial results as well as a detailed report describing the final product and the achievements during the project, how it relates to the initial project plan as well as the decisions taken during the course of the project.
Before joining open call 2 CreatiFI program, teams must be a European legal entity (private law company, association or foundation) registered under the laws of a EU country. The established entity must comply with the EU tax and social security obligations.
[*]Small Medium Enterprise as defined in EU law Recommendation 2003/361/EC 6th May 2003.