eSSIF-Lab selected 5 projects entering the 3rd stage of its 1st Business-oriented Programme

Only the best-in-class teams from stage 2 reached the third stage and are now focusing on testing their MVPs with first early adopters and on defining Business models and Exploitation Plan, to get final funding of € 41,000.

Meet the 5 best-in-class:

1. GATACAby Gataca España S.L.U. - Credentials Catalogue
2. SSISharing by The Human Colossus Foundation - Dynamic Data Sharing Hub with Consent Flow
3. PolicyMan by Verifiable Credentials Ltd - Providing a User Friendly Management Interface for Verifier Policies
4. SSI enabled by Domi Labs UG (haftungsbeschränkt) - SSI-enabled “Contractual Event” Passport
5. IRIS by Resonate Beyond Streaming Limited - IRIS - Discourse Community Credentials

The 8-month Business-oriented Programme offers business and technical support to integrate SSI technology with market propositions and it’s structured in 3 competitive stages (only the best performing projects in each phase are entering the next).

The initial stage, which expanded for the first month, was intended for the teams to work in the Proof of concept of their projects and to start building their business case. They both presented the outcomes of their work during business pitches and technology demonstrations in the online Hackathon which took part on September 16th and 17th. All the 19 projects who took part in this first stage, including those by Filancore, Wellbeing cart, MyData Global and Spherity, will receive € 15,000 funding to reward their efforts.

During the second stage, which already is ongoing, the 15 selected teams will work during the next 5 months on their developments to create a mock-up and a Prototype and on their business models and will cooperate among them to create a real ecosystem ensuring interoperability and scalability. Funding linked to participation in this stage is € 50,000.

Only the best-in-class teams from those will reach the third stage and focus on testing their MVPs and defining Business models to get final funding of € 41,000.