Stimulating the fusion of IoT and GNSS technologies

Funding programme
Horizon Europe

Project Details

Status
Ongoing
Coordinator
SamWAES
EUSPA Project Officer
Marta Krywanis
Total Cost
999 625€
EU Contributions
983 625€
Project Call
H2020-SPACE-EGNSS-2019
Contract Number
870283
Background & objectives

"POINT.IoT combines the strengths of EGNSS with the growing importance of IoT devices in our daily life in a make-it-work approach, organised by leading companies in their field, such as Verhaert, SpaceTec Partners, Cesah and Orange.

The POINT.Cheetah programme scouts and selects 20 new IoT applications using GNSS technologies for a combined 3-month technical and business sprint with a multidisciplinary team of mentors. Each selected application receives on average 80 hours of support. The business sprint ensures the maturation of the innovative usages of GNSS/IoT for investors, whereas the technical sprint is a combination of technical coaching and hands-on product development support. The programme focusses on a rapid development of 20 demos for early technical validation. The top-2 teams receive a prize of EUR 20,000 each.

The POINT.Kangeroo programme supports the teams with business training tools. The POINT.IoT Entrepreneur Playbook guides the sprints that the teams and mentors undertake but can help any GNSS/IoT developer in a do-it-yourself sprint. The POINT.MOOC teaches the business basics in a modern and interactive manner with a Massive Open Online Course.

Each year the POINT.IoT track at a leading investor event allows the top-5 teams to pitch their business to a panel of investors and corporates. The selected teams receive one-on-one investor readiness training to enhance their success rate.

The POINT.Partnerships programme develops the narrative and guides the implementation of a partnership programme between POINT.IoT teams and industrial stakeholders as development partners, suppliers, clients or investors. The POINT.IoT Success & Inspiration Stories form the basis of discussion with GNSS/IoT stakeholders, and showcases successful GNSS/IoT solutions. The partnership matchmaking helps the POINT.IoT portfolio companies to have an easy access to leading IoT brands, for validation, partnering, business development or sales."