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EU backed blockchain accelerator BlockStart selects five startups

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BlockStart is an accelerator program backed by the EU Horizon 2020 fund. The aim is to match blockchain startups with SMEs that can use the startup’s solutions. Last year, ten companies were selected for the second group of BlockStart startups, and today it announced the five startups that will proceed to the pilot stage.

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BlockStart is an EU-funded Horizon 2020 DLT (Distributed Ledger Technology)/blockchain Acceleration Programme. Its main objective is to facilitate goal-oriented, business-focused, and mutually beneficial partnerships between DLT/blockchain solution providers and more traditional end-user SMEs operating in the fintech, retail and ICT sectors. BlockStart will support 60 tech startups and 60 end-user SMEs with mentoring, networking, and a total of €795,000 in equity free grants.

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