• Open innovation platform Start4Big is formed by a partnership between Agbar, Caixabank, Naturgy, SEAT and Telefónica

Five large companies have joined forces to create the Start4Big platform, an open innovation digital space aimed at startups and Spanish and international entrepreneurs to solve multisectoral and cross-functional challenges in digitalization.

Agbar, Caixabank, Naturgy, SEAT, and Telefónica are behind this pioneering initiative in Spain and Europe, where the participants will have the opportunity to develop and test prototypes in real environments, supported by experts from the promoting companies. The platform will launch three challenges every six months, starting in the next few days.

The startups and entrepreneurial projects will take on innovation challenges revolving around matters such as the internet of things (IoT), mobile payment systems, cybersecurity, big data, artificial intelligence, user experience, data privacy and ecommerce.

Cuatrecasas advised Start4Big on negotiating the contract documents to launch the platform. Partner Javier Fontcuberta and associate Claudia Morgado made up the legal team.