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UMANICK selected for IMPACT acceleration program

Categories Biometrics News  |  Trade Notes

Biometric identification firm UMANICK has been selected for the fourth edition of the IMPACT acceleration program.

IMPACT (Internet Mobile Projects Accelerator) has selected 11 European startups that use FIWARE technologies to support over the next few months with funding, mentoring and intensive training.

UMANICK is taking part in the acceleration program named the IMPACT Extension Program which runs from September to November. The program is designed to offer advanced services to more mature startups including, additional funding, digital missions in Silicon Valley and the UK, mentoring and training, growth hacking education, equity crowdfunding, and micro-grants that will allow startups to attend and partner with top events across Europe. The startups will receive an extra 50,000 euros each, equity-free, to help them grow their businesses to the next level, focusing on marketing, internationalization, working with big corps, and achieving the next round of funding.

UMANICK CEO Emilio Gallego commented on being selected for the IMPACT Extension Program saying this “shows again the confidence of the FIWARE community in our project, because this program is the continuation of the FIWARE VIP Programme in which UMANICK has been taking part.”

IMPACT is one of the 16 consortiums selected by the European Commission within the framework of the Seventh Framework Programme. The consortium is made up of ISDI, Buongiorno, Teknologiudviking ApS, Seaya Ventures and a network of entrepreneurs and well-known professionals of the digital European ecosystem. Its objective is to accelerate at least 64 European startups focusing on Mobile Internet, subsidizing each startup up to 100,000 euros without equity consideration, investing a total of 6.4 million euros in two years.

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