Last 6 July, the EU-LAC Digital Accelerator had the honour of attending the highly anticipated BIND 4.0 Demo Day, where 25 cutting-edge startups presented their innovative projects in various sectors, including industry, clean energy, sustainability, health tech and food tech. During the event held in Bilbao, Spain, the EU-LAC Digital Accelerator attended to learn about the latest industry trends and advancements.

The conference had the presence of political leaders, large important companies and investors focused on digital transformation and innovation. Among the attendees there was the Vice Minister of Technology, Innovation and Digital Transformation, Estíbaliz Hernáez, the General Director of the SPRI Group, Aitor Urzelai, and the Director of Digital Transformation and Entrepreneurship, Leyre Madariaga. Moreover, there were representatives of Mercedes-Benz, ITP Aero, Sidenor, Danobatgroup, Iberdrola, Bridgestone, BTI Biotechnology Institute or Angulas Aguinaga. 

The main objective of this event was to showcase the latest innovations and to create an opportunity for public and private organisations to collaborate with startups using BIND 4.0’s open innovation call. The session was truly inspiring for the EU LAC Digital accelerator that connects innovative startups, SMEs and corporations from the European Union, Latin America and the Caribbean.

The innovative projects presented at the conference were related to Artificial Intelligence, IoT, Big Data, Artificial Vision and Virtual Reality. It is worth underlining three specific cases in which technologies such as the digital twin, Artificial Intelligence and the creation of reusable raw materials have been demonstrated. Even though these projects are carried out in the Basque industry, their presentations and demonstrations at the conference inspired the Smart Production open challenge we will launch at the EU-LAC Digital Accelerator.

As a highlight, we had the opportunity to hear the lecture of Steve Blank, the father of modern entrepreneurship and co-creator of the Lean Startup movement, which enables companies and startups to implement innovation quickly and efficiently. In his speech about agile startup growth, he left very clear messages on the need to prioritise innovation over the bureaucracy that startups go through. Another key takeaway from his talk was that starting a company is not a job, it is a call.

Overall, the BIND 4.0 Demo Day edition was a productive session to learn, network and get inspiration for the EU-LAC Digital Accelerator.

 

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