BIND 4.0 Accelerator partners with 52 major industry leading companies to work with startup developing Industry 4.0 solutions; announces fourth open call
BIND 4.0, the public-private accelerator for Industry 4.0 startups, has opened the call for its fourth edition for technology startup companies developing Industry 4.0 solutions. The BIND 4.0 Accelerator Program is looking for start-up companies developing Industry 4.0 solutions. The third edition of our highly successful acceleration program connects you with leading Industry 4.0 manufacturing, energy, and healthcare companies and contracts worth up to €150,000.
The program will help startups to accelerate their business with real projects and customers from world-leading Industry 4.0 companies. This year, companies such as Coca Cola, Eroski, Uvesco Group, Unilever, Angulas Aguinaga, EDP and Avia Ferrovial, among others, have been incorporated into the program. Interested startups can aply directly through the program’s website. Application is open until Sept. 13, 2019.
Launched in 2016 in the Basque Country, BIND 4.0 is a convergence between innovative worldwide startups, both nationally and internationally, and large companies. BIND 4.0 Acceleration Program is an opportunity to promote the digital transformation of the companies, and in turn, accelerate the consolidation of innovative startups through real projects with reference customers.
The BIND 4.0 Accelerator Program is the result of the commitment to develop the so-called Fourth Industrial Revolution, characterized by the digitalization of factories, within the framework of a worldwide competition to attract the best talent and startups to the Basque Country. This objective brings together representatives from the Basque Autonomous Community (Basque Government, SPRI Group, Provincial Councils and the BIC Innovation and Business Centers of Araba, Bizkaia and Gipuzkoa) and 52 of the main industry corporations based in the region, as well as international leading companies such as Siemens, Microsoft and Amazon Web Services, which participate as technological collaborators.
The fourth edition of BIND 4.0 has already launched and it has grown in size and scope. First of all, the collaborating partner companies have gone from 40 to 52 major industry leaders, such as Ferrovial, EDP, AVIA, SNA Europe and Saralle, among others, which are added to prominent names like Mercedes-Benz, Arcelor, ABB, Iberdrola, Michelin, ITP Aero, CAF, BTI, Quirónsalud and Siemens Gamesa.
The second advancement of this edition is the incorporation of the food tech sector. The growing “Food tech” sector adds to the unique focus areas of the three previous editions of BIND 4.0, which are, advanced manufacturing, energy and health tech.
In addition, notable brands such as Coca-Cola, Unilever, Eroski, Uvesco Group, Angulas Aguinaga, Natra and Okin have been incorporated as partner companies in this newly acquired focus area.
The final development of note is the creation of the Venture Club, a group of investors which aims to reinforce the accelerator’s support services and establish contact between participating startups and specialized investment entities, promoting the development of new financing opportunities that accelerate the development of young companies.
Since the first edition, 70 startups have accelerated their business through this program and have developed more than 120 Industry 4.0 projects, which have realized turnover for participating startups of 3.5 million euros. The program, which has gained increasing interest from innovative startup companies, has received a total of more than 1,100 applications since it began. BIND 4.0 is committed to developing the Fourth Industrial Revolution, characterized by the digitalization of factories, and has become a benchmark of technological entrepreneurship, which competes worldwide to attract innovation and the best startups.
Below is a video overview of Bind 4.0