AI4EU will distribute €3 million equity-free among individuals, start-ups and SMEs. There will be two types of calls:
AI Prototypes -- Under this call, AI4EU will select 25 individuals who could be researchers, students or developers per open call. Beneficiaries can receive to €30,000 and a 4-month support program to develop prototypes based on AI resources. Two open calls will be launched, addressing 5 different challenges that will be owned by industrial partners, corporates or other EU projects.
Tech Transfer program -- AI4EU will select 20 Scale-ups that could be financed up-to €180,000 in equity-free cash, plus an online premium acceleration program. The program will include mentoring from top entrepreneurs and C-levels, training, accessing to technology, accessing to private and public investment among others.
The first AI prototype open call will be launched in Q1 2020. The Tech Transfer program open call will be in Q3 2020.