The IoT-European Platforms Initiative (IoT-EPI) was formed to build a vibrant and sustainable IoT-ecosystem in Europe, maximising the opportunities for platform development, interoperability and information sharing. In this context, seven leading research and innovation programs make their technology accessible to 3rd parties. In addition, a strong support and funding structure in the form of open calls and workshops fosters further collaboration. The European Platforms Initiative is funded by the European Union under Horizon 2020. 5.5 Million Euro will be granted to startups and SME in IoT.