HOPU has been one of the 36 startups selected to take part in the final round of the European Data Incubator (EDI), a 3-year project that offers around 100 startups the chance to solve data challenges set by major European corporates like Volkswagen Navarra, RACC motoring club and the multinational Sonae.
What is EDI?
European Data Incubator (EDI) is an incubation programme run by 20 partners across Europe. It gives the most innovative Big Data startups the opportunity to tackle real world challenges set by corporates across Europe, such as improving road safety in Barcelona or predicting fraudulent transactions in supermarkets.
HOPU is taking part in EDI’s third and final round, after being chosen as one of the top 36 startups and SMEs from a pool of 208. We are going to solve the challenge set by EMASESA. Our approach is focused on examining the effects of Seville’s (Spain) UHIs on water use by single-family residences, controlling for relevant population and different residence areas based on the EMASESA datasets, which offers the last 10 years data about water consumption per inhabitant (aggregated by trimester) linked to the type of residence, the number of homeowners; and an identifier per contract with the capacity to trace water use evolution. Water use evolution will be correlated with the State Meteorological Agency (https://opendata.aemet.es/); which includes historical data from reference stations; providing daily temperature (avg, max, min), wind and sun radiation. Since last years, this data has been extended with the data from the European Organisation for the Exploitation of Meteorological Satellites (EUMETSAT), including Copernicus Sentinel 3 (land surface temperature data).
The ambition of this project is to generate a UHIs impact model, based on water consumption evolution, using deep learning techniques such as Long Short-Term Memory networks (LSTMs) based on Recurrent Neural Networks (RNNs), to identify the different anomalies/events that have increased or reduced the UHIs impact. These models will allow forecasting mid-term impact and supporting strategies to encourage sustainability; providing evidence, indicators and models to support the action plans. This work is contextualized in the discipline of Health in All Policies (HiAP) by World Health Organization (WHO), to promote urban health, wellbeing and its connection with climate change mitigation actions as EU Green Deal.
Benefits include up to €100k in equity-free funding, mentoring, workshops, access to a free cloud environment, and the chance to connect with and be recognised by major European organizations.
The European Data Incubator (EDI) has a €5 Million fund to foster the data economy in Europe and has selected the 36 most promising big data startups and SMEs to take part in their next round of incubation. The programme gives the participants the chance to grow their business as they solve a real-life challenge set by a major European corporate, with the help of up to €100K equity-free funding and a dedicated coach.
The programme takes startups through 3 intense phases of growth over eight months, with a combination of online sessions and physical meetings in Bilbao and Berlin. Each year of EDI incubation process is divided into three progressive phases, in which only the best startups pass to the next level: ‘Explore’, ‘Experiment’, ‘Evolve’.
In the next months, HOPU will take part on the first phase, ‘Explore’. Here we will take part in a datathon, practice our pitches, receive €5k (equity-free) and meet the corporations with which we will be working. Finally, a jury will decide which 16 startups will pass to the next level, ‘Experiment’.
Follow our journey through EDI!
Read about what’s coming up and stay tuned on our news on European Data Incubator’s website: www.edincubator.eu