The French Government has selected Sidetrade’s EuroFirmo project for the first round of its national Innovation Competition. The two-year €2.8-million R&D project, overseen by the Office of the General Secretariat for Investment, is being co-financed by the Investing for the Future programme through French investment bank BpiFrance.
Nominated for the digital category, the EuroFirmo project will be carried out by a team of 14 R&D engineers and Data Scientists from Sidetrade Group. Its aim is the construction and maintenance of a new and up-to-date dataset on 26 million companies in the European Union. The goal is to make this detailed and in-depth company knowledge base accessible to both public authorities and private individuals.
François Bancilhon, VP Innovative Projects at Sidetrade group, declared:
This prestigious award recognizes the excellence and innovative acumen demonstrated by our R&D and Data Science teams. The EuroFirmo project aims to create a unique single authoritative dataset whose accuracy across 26 million EU companies will be derived via the dual technologies of Data Science and AI.
The BPIfrance teams selected 21 innovation projects for the digital category of this new Innovation Competition. These combined projects constitute strong growth potential for the French economy and a marked advance in digital technology development with strong market prospects. The Investing for the Future government programme is committed to the support of highly productive, innovative and risk-taking companies.