Scale & Accelerate Your Innovative Startup with the BIND 4.0 Open Innovation & Acceleration Program

BIND 4.0 connects startups with well-established companies to provide external solutions for their digital transformation challenges. The program also promotes the development of commercial skills and encourages the immersion of startups in the Basque Industrial Ecosystem, catalyzing new business opportunities. The seventh edition of the BIND 4.0 Open Innovation & Acceleration Platform seeks innovative startups developing solutions for the Intelligent Industry, Clean Energy & Sustainability, Health Tech, and Food Tech sectors.

UPDATE: Still looking to apply? You still can till 11 September 2022! Apply Now!

What is the BIND 4.0 Open Innovation & Acceleration Program?

Since the program began in 2016, more than 130 startups have been accelerated and more than 200 projects developed with BIND 4.0, exceeding 6.5 million euros in turnover. With six editions of proven success, BIND 4.0 helps implement mutually beneficial startup-corporate collaborations.

You get to reach more than 65 industry leaders – who act as Venture Clients – by offering contracts to startups for real Industry 4.0 projects. The BIND 4.0 Open Innovation and Acceleration Program has three main objectives:

• Accelerate the development of startups in the Basque Industrial Ecosystem
• Promote the digital transformation of companies
• Position the Basque Country Ecosystem as a leading hub for Advanced Industrial Entrepreneurship

BIND 4.0 Corporate Partners Seek Diverse Solutions for Industry 4.0

Is your startup ready to offer and sell a proof of concept (POC) to corporate partners? BIND 4.0 seeks new technological solutions to advance industrial processes and help you accelerate your business. Explore the diverse themes for the seventh edition of BIND 4.0 and register your solution today.

Industry & Cross-Vertical Themes for BIND 4.0 2022:

• Intelligent Industry
• Clean Energy & Sustainability
• Health Tech
• Food Tech

Technology Solutions include, among others:

Discover the Exciting Benefits of the BIND 4.0 Open Innovation & Acceleration Program

With over 200 Industry 4.0 projects realized since 2016, joining BIND 4.0 presents you with the opportunity to become part of an influential group of startups, corporates, investors, and professionals forming a large business support network.

The BIND 4.0 program’s zero-equity approach to investing and active acceleration allows your startup to maintain ownership and get reference customers while earning paid contracts for implementing solutions in real environments.

Moreover, the venture-client approach means that your startup will have at least one paid Industry 4.0 pilot project with well-respected companies, in addition to unmatched acceleration and support services, including:

• POC & Market Validation
• Access to 65+ Corporate Clients
• Introductions to Industry Investors
• High Impact 1:1 Mentoring
• Cross-Vertical Network Immersion
• Access to Executive Education & Key Business Workshops

Ready to Collaborate with Leading Industry Players?

For this edition, the BIND 4.0 community continues to grow and now includes more than 65 global companies based in the Basque Country. These partners will participate in the selection and development of innovative use case projects.

Get the chance to work with big name corporations participating in the program, including Mercedes-Benz, Siemens Gamesa, Iberdrola, Petronor Repsol, Michelin, Uvesco, ArcelorMittal, Enagas, Gestamp, Maier Group, Quirónsalud, FAES Farma, and Unilever, among many others!

Immerse Yourself In The Basque Country’s Unique Entrepreneurial & Industrial Environment

With over a century of industrial activity and pioneering technology, the Basque Country is home to some of the world’s most influential manufacturing companies. BIND 4.0 is part of the Invest in Basque Country public initiative promoting, attracting, and investing in innovation and emerging technologies that enhance the entrepreneurial ecosystem of the region.

Timeline & Structure of the BIND 4.0 Program 2022

Registration is now open, the last date for registration is 8 September 2022.

Read more about the structure of the BIND 4.0 program:

• July-Sept 2022: Call for Startups, Scouting Process & Pre-Selection of Desired Solutions
• Sept-Dec 2022: Pitching Sessions and Matchmaking with over 65 Industry Leading Corporate Clients
• Jan-June 2023: High Impact Acceleration and Industry 4.0 Project Implementation – 24 weeks of active acceleration where startups implement their technologies with one or more of our corporate clients.
• All Year Round: Innovation Showcase & Activities in Basque Industrial Ecosystem – Steady immersion through networking, visits to companies, and industry events.

Each BIND 4.0 program ends with the Open Innovation Demo Day, presenting the results of the Industry 4.0 projects realized during the acceleration cycle.

Read about the BIND 4.0 Impact & its Successful Track Record

Basque-based startup Ikustec develops machine vision solutions for the advanced manufacturing industry offering high-accuracy metrology. In their BIND 4.0 pilot project, Ikustec developed a vision machine that they adapted for the factory process at Tubacex. The startup-corporate project extended beyond the 24-week BIND 4.0 acceleration cycle and Ikustec continued to work with Tubacex as a client for nearly two years.

Acoustic Extra Freezing (AEF) from Finland, worked on their startup-corporate collaboration with local food industry leaders Angulas Aguinaga in 2021. AEF worked on the development of a pilot project to demonstrate new freezing technology to help keep frozen food tasting fresh. Their project has continued beyond the BIND 4.0 Acceleration cycle with different time trials and food varieties.

In fact, 6 out of 10 Startup Alumni sign a second contract with their Corporate Venture Client, a statistic proving BIND 4.0 helps boost market immersion and provide ongoing business opportunities.

Ready to accelerate your startup with BIND 4.0 in the Basque Industry 4.0 Hub?

Register your startup today!

 

 

 

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