IC tomorrow, part of the UK’s innovation agency, the Technology Strategy Board, has launched a contest offering small businesses the chance to win up to £25,000 each to explore digital innovations in data.
Five start-ups will be selected to work with a range of public and private sector business leaders, including EE, the British Library and Ordnance Survey, to help develop commercial solutions to a number of challenges which include processing data efficiently, commercialisation of mobile, 'geospacial' data mapping, data visualisation and analytic decision making and value of public-domain data.
Matt Sansam, programme manager at IC tomorrow, said: “IC tomorrow is committed to helping businesses extract greater value from data and we’re looking to nurture the talented entrepreneurs who can help make that happen.
“It’s not necessary to have an existing app or service, or to be currently active in the data industry. We welcome applications for innovative products, platforms or services from a range of start-ups and small businesses, even if they are only at ideas stage.”
This contest builds on IC Tomorrow and the wider Technology Strategy Board programme’s commitment to helping businesses extract greater value from data.