GE (NYSE: GE) has launched Frost I3, a new Industrial Internet incubator with Frost Data Capital.
Frost I3 aims to create and grow up to 30 new startups over the next three years.
The incubator will provide funding, resources and expertise to launch companies focused on industrial technologies and solutions that accelerate the advancement of intelligent machines, predictive and contextual analytics, and new workforce mobility tools.
Startups will receive funding from Frost Data Capital and GE Ventures, as well as use the incubator resources and facility in Southern California.
They will also gain access to GE’s global network of 5,000 research scientists and 8,000 software professionals across industries including transportation, healthcare, energy and finance.
FinSMEs
26/06/2014