The document discusses the Turning Data into Business project. It will create a network to organize open data competitions, stimulate winners to start businesses, and maximize the benefits of open data. It will bring together 19 partners from 10 countries with experience in open data competitions and business support. The project will develop a Business Lounge program to provide business training and help competition participants commercialize their apps. It will organize two pan-European competitions each year to highlight the best local/national competition entries and connect them with investors. The goal is to spur more open data reuse and startups.