European Data Incubator
European Data Incubator (EDI) is an EU Horizon 2020-funded incubation programme coordinated by University of Deusto that provides equity-free funding, data access, and structured services to European startups developing big-data-driven innovations.
- Company typePrivate
- Founded2018
- HeadquartersBilbao, Spain
- Headcount1–10
- GTM typeB2B
- OfferingServices
What European Data Incubator does
European Data Incubator (EDI) is an EU-funded Innovation Action project that operates a structured incubation programme for startups and SMEs developing big-data-driven innovations. Coordinated by the University of Deusto in Bilbao, Spain, EDI was established in 2018 under the EU Horizon 2020 research and innovation programme (Grant Agreement No 779790) as part of the Big Data Value Public-Private Partnership. The programme targets five stakeholder groups: startups/SMEs (primary), corporations, investors, local governments/public administrations, and Digital Innovation Hubs, with primary customers being early to growth-stage data-driven startups that lack technical skills, business acumen, data access, and early-stage funding. Across three open calls (2018, 2019, 2020), EDI incubated over 100 European Big Data startups and engaged 24 leading EU data providers.
EDI's core product is a three-phase incubation process (EXPLORE, EXPERIMENT, EVOLVE) structured around three standardised service bundles (BASIC with 21 services, STANDARD with 27 services, PREMIUM with 33 services) drawn from a catalogue of 47 total services covering technical and business support. The programme is supported by a Data Catalogue API providing programmatic access to datasets across Energy & Environment, Internet & Media, Retail, Finance, Health, Transport & Logistics, Gaming, Agri-food, and Sports. Underlying platform infrastructure integrates with FIWARE Lab cloud and uses the F6S platform as its exclusive application channel. EDI also delivered 18+ training courses, 45 webinars, and Demo Day investor pitching events.
EDI operates on a cascade funding model distributing equity-free grants from EU Horizon 2020 sources: €5,000 to all EXPLORE phase participants, up to €80,000 in EXPERIMENT, and up to €100,000 in EVOLVE, all tied to milestone/KPI achievement. Services are provided free of charge to selected beneficiaries, with non-selected applicants receiving no services. The original EU-funded project ran from 2018-2021 before transitioning to an on-demand "Incubator as a Service" model in 2021. No commercial revenue stream is identified in source material; EDI functions as a publicly funded programme coordinator rather than a commercial entity.
European Data Incubator firmographics
Firmographics- Name
- European Data Incubator
- Legal name
- European Data Incubator
- Website
- https://edincubator.eu
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- European Data Incubator (EDI) is an EU Horizon 2020-funded incubation programme coordinated by University of Deusto that provides equity-free funding, data access, and structured services to European startups developing big-data-driven innovations.
- Ownership category
- akta.pro rank
European Data Incubator industry classification
Industry- Product category
- Startup Incubation Services
- NAICS
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182), Computer Systems Design and Related Services (54151), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)
- SIC
- Services-Computer Programming, Data Processing, Etc. (7370), Services-Computer Processing & Data Preparation (7374)
- akta.pro primary industry
- Data Engineering, Integration & ETL/ELT Services (BPAEAHAB)
Keywords
Where European Data Incubator is headquartered
LocationHeadquarters
- HQ city
- Bilbao
- HQ country
- Spain
- HQ region
- Europe
Offices1 record
Markets served
European Data Incubator business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others
Revenue model
- EU Cascade Funding: EDI acts as intermediary distributing H2020 funds to selected startups through Sub-Grantee Agreements. Cascade funding scheme provides equity-free financing based on milestone achievements. EXPLORE phase awards €5,000 to all participating teams; selected teams in EXPERIMENT and EVOLVE phases can receive up to €80k and €100k respectively based on KPI accomplishments.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | BASIC package: 21 services over 2-3 months |
| Other | Multi-year contract | STANDARD package: 27 services over 4-5 months |
| Other | Multi-year contract | PREMIUM package: 33 services over 7-8 months |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels6 records
European Data Incubator product offering
Product offeringCore offering
European Data Incubator (EDI) runs an on-demand incubator programme that enables big-data-driven innovations through a structured three-phase process (EXPLORE, EXPERIMENT, EVOLVE) and three standardized service bundles (BASIC, STANDARD, PREMIUM) drawing from a catalogue of 47 services. Selected startups receive equity-free funding of up to €100k, access to real corporate datasets via the EDI Data Catalogue API, and technical and business mentorship from data providers and partners.
Product overview
European Data Incubator (EDI) is an EU-funded Innovation Action project that operates as an on-demand data incubator programme enabling big-data-driven innovations. The core offering is a structured 3-phase incubation process (EXPLORE, EXPERIMENT, EVOLVE) with three standardised service bundles (BASIC with 21 services, STANDARD with 27 services, and PREMIUM with 33 services) drawing from a catalogue of 47 total services. EDI also provides access to a Data Catalogue containing datasets from leading EU data providers, accessible via API. The programme supports startups, corporations, investors, local governments, and digital innovation hubs with equity-free funding up to €100k per selected project. EDI concluded its initial EU-funded project phase in 2021 but continues as an on-demand Incubator as a Service offering.
Differentiator
Problem solved
Functional benefit
Products and services
- EDI On-Demand Incubation Programme Flagship incubation offering for European startups, SMEs, and other data-economy stakeholders, providing configurable incubation journeys that combine technical and business support services, access to corporate datasets, mentorship, and equity-free funding.
- EDI Data Catalogue Programmatic dataset registry offering API access to multi-domain datasets provided by 24 leading EU data providers, designed for startups, developers, and researchers building big-data-driven products and services.
Quantifiable outcome
- Incubated 100+ European Big Data startups
- +3 more outcomes
Companies that use European Data Incubator
Customer profileNamed customers13 records
Segments5 records
Ideal customer profiles4 records
European Data Incubator technology and API
TechnologyTechnology focussed No
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability15 records
Feature2 records
European Data Incubator partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered core, major and minor.
- Big Data Value Association (BDVA)coreEDI is part of the Big Data Value PPP within a group of projects known as the Big Data Value PPP projects. BDVA is the private counterpart to the EU Commission to implement the BDV PPP programme with over 150 members across Europe.
- UBIMET GmbHmajorLeading EU weather data provider. Founded in 2004, UBIMET is the largest private provider of meteorological services in Austria and among top three in Europe. Provides weather datasets including Iberian Peninsula weather data for EDI challenges.
- EDP SpainmajorLeading energy company in Spain active in generation, distribution and commercialization. Provides data for challenges including electric vehicle charging points optimal location and energy consumption data.
- JOT Internet MediamajorPart of Cube Ventures, one of Europe's leading digital groups. Provides keyword categorization and digital marketing campaign data for EDI challenges. One of three largest worldwide players in internet traffic brokerage.
- Migros TicaretmajorOne of the largest FMCG retailers in Turkey with over 2,000 stores and 30,000 employees. Pioneer of organized retailing in Turkey. Provides sales data for retail forecasting challenges.
- VRT (Vlaamse Radio- en Televisieomroeporganisatie)majorPublic broadcasting company in Belgium producing large amounts of content daily. Provides video content for challenges including automatic chaptering and facial/gender recognition.
- SonaemajorMultinational company with Sonae MC as market leader in food retail in Portugal with over 30 years of consistent growth. Provides customer service workflow data for AI automation challenges.
- University of DeustocoreCoordinator of the EDI consortium. Controller of personal data processing. Based in Bilbao, Spain. NIF ES 34 R4868004E.
- etventuremajorEDI partner providing startup ecosystem expertise, coaching, and mentoring services. Organizes investor pitching events and provides business mentorship.
- FIWARE FoundationmajorOpen source platform provider. EDI provides access to Engineering's FIWARE Lab cloud with open source tools. Open Dataset with beneficiary information made available at FIWARE Lab.
- REACH IncubatorminorSister project of EDI offering equity-free funding, tech training, business mentoring, and access to data and challenges from industry leaders. Currently seeking Data Providers and Digital Innovation Hubs.
Scale indicators7 records
Recent moves6 records
Expansion highlights5 records
European Data Incubator competitors and assessment
Company assessmentBroad incumbents
- Wayra (Telefónica): Telefónica's global corporate-backed startup accelerator with strong European and Latin American presence. Comparable as a corporate-driven accelerator programme; differs in being single-corporate-funded and equity-taking.
- Techstars: Global accelerator network running equity-for-services programmes. Comparable to EDI as a structured startup accelerator, but Techstars operates globally, takes equity, and is sector-agnostic, whereas EDI is EU-focused, equity-free, and specializes in big data.
- Antler: Global early-stage VC and accelerator with strong European presence. Comparable as a startup formation and acceleration platform; differs in taking equity and operating globally rather than EU-data-focused.
- Startupbootcamp: European-founded global accelerator network with multiple vertical-specific programmes. Comparable as a structured accelerator, but equity-taking and focused on shorter cohort programmes versus EDI's 3-phase multi-year model.
Direct peers
- Big Data Value Association (BDVA): Identified as a core strategic partner of EDI within the Big Data Value PPP. Industry-led organization coordinating the private counterpart to the European Commission's Big Data PPP programme; serves overlapping ecosystem of data-focused startups and corporates.
- EIT Digital: EU-backed digital innovation accelerator and education provider, also part of the European innovation ecosystem. Strongly comparable to EDI as a publicly-funded EU digital innovation programme supporting deep-tech and data-driven startups across Europe.
- F6S: Platform that EDI explicitly uses for its application submissions and community management. A startup community and application platform serving similar founder audiences and enabling accelerator programmes, directly integrated into EDI's GTM.
- FIWARE Foundation: Identified as a technology partner of EDI; open-source platform provider for data and IoT solutions. Serves overlapping European innovation ecosystem with similar open-innovation ethos, though focused on platform provision rather than incubation services.
- REACH Incubator: Explicitly identified in EDI data as a 'sister project' offering equity-free funding, tech training, business mentoring, and access to industry data. Same EU funding model, similar service mix, and same target customer profile as EDI.
Regional players
- Seedstars: Swiss-based emerging markets startup accelerator and competition platform. Comparable as a structured accelerator serving founders globally, but with stronger focus on emerging markets and equity-for-services model.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat4 records
Key risks4 records
Key highlights7 records
Customer concentration
European Data Incubator social profiles
Digital presenceEuropean Data Incubator financial estimates
Financial estimateRevenue estimate
Valuation estimate
European Data Incubator leadership team
Management profileNumber of profiles
European Data Incubator funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
European Data Incubator M&A and investment
M&A and investmentM&A
Investments65 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about European Data Incubator
What does European Data Incubator do?
European Data Incubator (EDI) runs an on-demand incubator programme that enables big-data-driven innovations through a structured three-phase process (EXPLORE, EXPERIMENT, EVOLVE) and three standardized service bundles (BASIC, STANDARD, PREMIUM) drawing from a catalogue of 47 services. Selected startups receive equity-free funding of up to €100k, access to real corporate datasets via the EDI Data Catalogue API, and technical and business mentorship from data providers and partners.
Is European Data Incubator a public or private company?
European Data Incubator is a private company. It is classified as state government owned and is currently operating.
When was European Data Incubator founded?
European Data Incubator was founded in 2018. It employs 1 to 10 people.
Where is European Data Incubator based?
European Data Incubator is headquartered in Bilbao, Spain, in the Europe region.
How does European Data Incubator make money?
One revenue line is on record: EU Cascade Funding.
Who are European Data Incubator's main competitors?
Broad incumbents on record are Wayra (Telefónica), Techstars, Antler and Startupbootcamp. Direct peers are Big Data Value Association (BDVA), EIT Digital, F6S, FIWARE Foundation and REACH Incubator. Seedstars is listed as a regional player.
Does European Data Incubator have an API?
Yes. EDI Data Catalogue API allows programmatic access to the dataset registry. The API enables developers to query and access datasets available through the EDI platform. The datasets span multiple domains including Energy & Environment, Internet & Media, Retail, Finance, Health, Transport & Logistics, Gaming, Agri-food, and Sports. Developer documentation is at edincubator.eu/data-sub/packages_ver-_3.
What industry is European Data Incubator in?
European Data Incubator's product category is Startup Incubation Services. Its primary akta.pro industry code is BPAEAHAB, Data Engineering, Integration & ETL/ELT Services. Its NAICS code is 5182 and its SIC code is 7370.