Application of Process Ontology to improve the funding allocation process at the European Institute of Innovation and Technology

This studio explains the application through the application of the ProKEx architecture is used to improve the process of allocation of funding at the European Institute of Innovation and Technology (EIT). The mission of the EIT is to grow and capitalize on the innovation capacity and capability of actors from higher education, research, business and entrepreneurship from the EU and beyond through the creation of highly integrated Knowledge and Innovation Communities (KICs). This case offers the scenario of a complex application where a fragmented process with several actors is dealing with the different domains of knowledge of each KIC. Starting from the Business Process Model, applying text-mining techniques we extract the ontology elements from the activity description and converted into an Ontology of the process domain. By the critical analysis of the information contained in the model, we gain the relevant information to improve the current approach.