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Innsomnia, KPMG To Establish Startup Incubator In Spanish Port System

Innsomnia, KPMG to establish startup incubator in Spanish port system

Innsomnia, KPMG To Establish Startup Incubator In Spanish Port SystemSource: Valenciaport

Valencia, Spain (PortSEurope) April 2, 2019 – A consortium of Valencia-based company Innsomnia and consultancy KPMG has been awarded a contract to establish the startup incubator of the Spanish port system, an initiative of national ports agency Puertos del Estado to enter fully into the digital transformation of the sector from the hand of startups.

The four-year contract, valued at €2.4 million ($2.7 million), will involve the management of the startup incubator of the Spanish port system.

The project represents the first time that the state explores the path of collaboration and the relationship with startup enterprises.

With this call for the Ports 4.0 fund, the government opens the way to start working directly with startups, a collaboration model that can mark the future of the relationship between the state and the entrepreneurial system. In this case, for example, up to €20 million ($22.4 million) in grants will be available.

Innsomnia is an Innovation Hub specialized in the acceleration and incubation of technology-based projects through an agreement with large companies that trust the entity to incorporate the latest innovations into their business model.

KPMG is a professional service company based in the Netherlands.

Source: El Mundo

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