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Their main challenge is the lack of trusted and secure platforms and privacy‐aware analytics methods for secure sharing of personal and proprietary/commercial/industrial data, this hampers the creation of a data market and data economy by limiting the sharing mostly to open data. Also, they find the wrong categorisation of third parties for the services provision, the business barriers for SMEs and start-ups.
Data Market Services will offer a portfolio with 150 companies and 50 success stories. Acceleration services will promote rounds of access to private capital reaching €5,000,000; additional public funds up to €1,000,000, through calls for the SME Instrument and other European consortiums. Organizations included in the portfolio will be able to increase their sales capacity by 20% thanks to the acquired skills, and at least 200 new jobs with data skills will be created.