GALACTICA project, which aims to foster the creation of new industrial value chains around textile and aerospace sectors based on advanced manufacturing across EU, announced today the registration opening for its first-ever Hackathon, with €50.000 in prizes. SMEs from these sectors as well as other interested parties such as start-ups and university students can form teams and register. AEI Tèxtils, ATEVAL and CTA are the Spanish partners participating in this European initiative.
The registration for the GALACTICA Hackathon is now open through the website galacticaproject.eu until January 29th, 2021.
The GALACTICA Hackathon will take place in two rounds, firstly an online virtual challenge on open innovation from February 9th to February 25th, 2021 and a 2nd round for selected finalists on March 18th and 19th, 2021.
All participants from the first round will be invited to three ‘free-to-access’ workshops from experts on technological and business topics. The ten finalist teams will also be invited to an additional workshop and mentoring during the two-day Hackathon.
The GALACTICA hackathon will award 50.000€ in prizes, distributed in 25k€ for wining SME/Start-up team and 10k€ for the runner-up. On the other side, winning team of students receive 10k€ and the runner-up 5k€.
The project will foster the creation of unidentified or unexplored market opportunities for existent and new companies in the development of latent and emergent value chains. It will overcome information and market failures by gathering together companies from diverse industrial sectors, R&D organizations, clusters and by bringing to life a set of tools, instruments and triggering initiatives that will create a basis for the establishment of new value chains across textile and aerospace industries.
GALACTICA has a total budget of 3 M€ to support SMEs to innovate with diverse mechanisms including two open calls for proposals, hackathons and travel grants. The first call for proposals will be launched in March 2021 and the second one on January 2022.
The GALACTICA consortium integrates eight European clusters and two innovation agents: AEI Tèxtils as project coordinator, ATEVAL and CTA in Spain, NTT in Italy, CORALLIA in Greece, Suderelbe in Germany, PRODUCTECH in Portugal, EMC2 in France, EBAN in Belgium and Science Park Graz in Austria.