The Basque Government and market leader companies have presented an international call to attract the best startups within the scope of Industry 4.0 to the Basque Country.
BIND 0 is a public-private initiative that offers selected startups the possibility of working on projects in collaboration with ABB, CAF, CIE Automotive, DanobatGroup, Euskaltel, Iberdrola, ITP, Mercedes-Benz, Michelin, Microsoft, Repsol-Petronor and Siemens. The programme will convert the Basque Country into a local and international talent attraction hub by offering startups the possibility of having the main industrial companies located in the Basque Country as customers and taking advantage of a comprehensive support and advice programme.
The training process will be completed by allocating a specialised mentor in the creation of companies and the field of new technologies to each company. Taking part in the presentation of BIND 4.0, together with Lehendakari Iñigo Urkullu, were the Basque Government Minister for Economic Development and Competitiveness, Arantxa Tapia, and its Director for Entrepreneurship, Innovation and the Information Society, Aitor Urzelai.
Technology companies from around the world today attended the launch of StartUP! Basque Industry 4.0 (BIND 4.0), the latest venture by the Basque Government, along with the major Basque industrial companies, to attract innovative initiatives from the five continents to the Basque Country. BIND 4.0 is a public-private accelerator that offers startups with innovative proposals in the field of Industry 4.0 the advice and financial support of ten of the most important firms operating in the Basque Autonomous Community. Over 24 weeks, these firms will collaborate with the selected startups by not only providing them with facilities and advising on the development of their business model, but also acting from the beginning as their first “real” customers. The initiative was presented at the Gipuzkoa Science and Technology Park by the Basque President, Iñigo Urkullu, accompanied by the Basque Government Minister for Economic Development and Competitiveness, Arantxa Tapia, and its Director for Entrepreneurship, Innovation and the Information Society, Aitor Urzelai.
Collaborator and partner companies
ABB, CAF, CIE Automotive, DanobatGroup, Euskaltel, Iberdrola, ITP, Mercedes-Benz, Michelin and Repsol-Petronor are the collaborator companies that have joined the Basque Government in launching BIND 4.0, a pioneering startup accelerator that turns these emerging companies into customers of leading industrial companies. Like this, the startups will be able to develop their projects by adapting them to the demands of these large corporations. In other words, the relationship between companies and startups will be established as a customer-supplier format, which will give them, in addition to actual billing with a large customer, top-level references and access to new markets and distribution channels.
A positive experience for the startups but also for the collaborator companies participating in the project, which will thus have access to the best talent and new knowledge and technologies, enabling them to incorporate innovative, competitive solutions within the scope of Industry 4.0. In short, it will enable them to track, identify and attract innovative initiatives for their own businesses from anywhere in the world.
In addition, Microsoft and Siemens, as partner partners in the programme, will collaborate by providing mentoring and visibility for the projects developed within the framework of BIND 4.0.
The training process will be completed by allocating a specialised mentor in the creation of companies and the field of new technologies to each company. The mentors participating in BIND 4.0 are Ron Zahavi, Chief Strategist for IoT Standards at Microsoft; Rosa García, CEO and President of Siemens Spain; Pascual Dedios-Pleite, CEO of Siemens Industry for Spain and Portugal; Eneko Knörr, Founder of Ludei and Ideateca; Guillermo Arregui, CEO and Co-Founder of Emprendiza; Mikel Irizar, CEO of Hydromodel Host; Barak Berkowitz, Director of Operations and Strategy at MIT Media Lab, and Gonzalo Martínez de Azagra, Head of Samsung Ventures Israel.
The registration period to enter the project selection process starts today (6 July ) and ends on 16 September. The list of selected startups will be published on 31 October, and they will start work on their projects, in collaboration with the market leader companies, over the next 24 weeks, from 14 November to 12 May 2017. From today, the terms and conditions of the programme are available on the website.