5.4 Million Euros funding available to develop applications and web services in the 3D printing domain
2014/12/02
FABulous Acceleration Programme launches the first Open Call in search of 100 ideas based on 3D Printing most likely to become web business. Bizkaia:talent is part of the consortium of organizations managing this international project.
FABulous, the Future Internet Business Acceleration Programme for 3D Printing Services, has launched its first Open Call, in which SMEs and entrepreneurs may submit innovative ideas for the development of new web business, as well as the implementation of a new business line in their company.
FABulous is one of the 16 accelerators within the FIWARE Accelerate of the European Commission, which offers a unique opportunity to European SMEs and entrepreneurs in the development of innovative applications and services of the Future Internet. With a budget of 5.4 million Euros, FABulous will provide repayable funding, training and technical support. A total of 150 SMEs and entrepreneurs will enjoy networking and consultancy services that will help them in the development of their model and business plan for innovative services in the 3D Printing domain.
This first Open Call, which will be ongoing up until the 18th of December, is divided in three phases. The first one, spanning 4 months, will fund 100 startups and SMEs that will then start new internet services. In the second phase, from July 2015 to February 2016, 30 projects will receive 60.000€ of funding for the evolution into a commercial application. The last phase, from March to August 2016, will include only the 10 best projects, which will receive an economic support of 40.000€ for the commercialization of their new web businesses in 3D Printing.
SMEs and entrepreneurs who want to start a web business in 3D Printing, and enjoy the benefits of FABulous Acceleration Programme, will find all the information to send their proposals in the website www.fabulous-fi.eu
The submittal of proposal will be done through EMS Platform, developed by the Spanish Consultancy CARSA, the Acceleration Programme Manager.
