We are pleased to announce the launch of the first Open Data Incubator for Europe. Europe is supporting the next generation of digital businesses. The Open Data Incubator for Europe (ODINE) is part of that support - it helps European citizens build sustainable businesses using open data. It will offer up to €100.000 and will set up an environment and EU-wide network, including business angels, VCs and funding agencies, to support small and medium enterprises and startups in creating commercial value from open data. Our approach in ODINE is to become facilitators in Europe, providing the tools and the contacts and bringing together data owners, entrepreneurs, investors and other players like Business Schools and Computer/Data training institutions, with the objective in mind of strengthening Europe’s competitive position. ODINE will provide an accelerator programme for SMEs and startups to establish business in open data related areas. In the programme, we will offer expert advisories from serial entrepreneurs and coaching from business schools. The successful graduations of the incubation programme will be further put forward to VCs within the networking, who will invest in the most innovative data-driven startups. Technologically, ODINE will set up a fully-fledged platform that will support the life cycle of the open data, from its generation, publication, and storage to the subsequent usage by the participants of the programme. By initiating an EU-wide industrial focused network, ODINE will not only attract entrepreneurs, but also engage with young innovators and students from universities by organising innovation labs and help them to critically revise their raw open data business ideas.