Guide to accelerate data-based businesses

The data economy in the European Union exceeded € 375,000 M in 2018, with a growth close to 12% compared to 2017, and it is expected to continue growing to € 555,000 M in 2025. Then, it will reach 4% of the GDP of the EU27.

Given this situation, it is not surprising that an increasing number of companies are emerging in the field of data-based businesses. Starting a new business is not always easy. We need resources, knowledge of the business environment, contacts, a suitable team ... For that reason, it is important to know a series of public and private programs and initiatives that seek to help those braves who want to start their business.

The “Guide to accelerate data-based businesses”, carried out by the Digital Transformation expert Jose Luis Marín, collects a set of useful recommendations aimed at entrepreneurs and start-ups who want to access existing resources to boost and finance the development and launch of products and services that create value from the reuse of public or private data.

The guide is structured in 3 parts:

1. In the first part, an introduction is developed that offers context about the growing market of products and services based on the use and reuse of public or private data. This explains growth forecasts and areas of greatest interest, such as artificial intelligence or smart city solutions.
2. The second part provides a series of recommendations to help select the most appropriate resources to start up a business. For this, the different current mechanisms are explained: accelerators, incubators, public subsidies and private investments. The factors to be considered when filling out an application to access these resources are also explained.
3. Finally, the third part collects some examples of concrete, public and private resources that entrepreneurs and start-ups can use to boost their projects.

You can access the report and other materials through the following links: