Block.IS, the European Blockchain project accelerates innovation in the areas of agrifood, logistics and finance by supporting blockchain-based application proposals from market-oriented SMEs by investing up to 60.000€ (equity free) and offering mentoring services in the most promising SMEs.
The Block.IS Second acceleration process has three phases:
- INNOVATE (where total 45 proposals will enter),
- EXPERIMENT (where the 23 top projects from the INNOVATE phase will enter) and
- COMMERCIALISE (where the 10 top projects from the EXPERIMENT phase will enter).
In parallel, Block.IS organises 4 Challenges to the European community of entrepreneurs. Up to eight (8) SMEs will be selected to participate at each Challenge and two (2) winners per Challenge, in total eight (8) SMEs, will receive 3.000€ and directly enter the INNOVATE phase of the 2nd acceleration process where they will be invited to networking events to showcase their work and get the chance to compete for the full 60.000€ as well as receive mentoring services.
IMPORTANT: Deadline for each Block.IS Challenge application submission is extended until July 3rd, 17:00 CEST (Brussels Time).