Apply for the 8th edition of the EIT Digital Challenge, the leading pan-European competition for digital deep tech scaleups, and become the next European success story!
Sponsoring Agency: EIT Digital
Type of Fund: Challenges, Competitions or Prizes
Deadline Available: Available
Deadline Date (mm/dd/yyyy): 05/10/2021
Size of the Fund: USD $50,000 to $500,000
Apply for the 8th edition of the EIT Digital Challenge, the leading pan-European competition for digital deep tech scaleups, and become the next European success story!
Top 20 companies will be invited to an exclusive event to pitch in front of expert juries and participate in the matchmaking sessions with corporates and investors. The best 3 companies will receive prizes totalling €250,000 to boost their international growth.
The challenge is looking for fast-growing European ‘deep tech’ companies with a differentiating product offering that leverages sophisticated, hard-to-reproduce digital technologies.
The EIT Digital Challenge aims to identify the best European deep tech entrepreneurs and help them scale up internationally, thus supporting the European deep tech ecosystem.
Startups in growth stage (scaleups) can apply in five thematic areas:
• Digital Tech
• Digital Industry
• Digital Cities
• Digital Wellbeing
• Digital Finance
Prize Information
The best 3 companies receive a full year of tailored international growth support by the EIT Digital Accelerator worth €50,000 to scale up their business. On top of that, the first place winner receives a cash prize of €100,000.
• Cash Prize
o The 1st place winner receives €100,000 cash prize.
• Market Access & Fundraising Support
o Benefit from the Access to Market and Access to Finance support provided by a dedicated team of experienced business developers and financing specialists operating from 17 major European cities and a hub in Silicon Valley. They will support you in growing your business internationally and raising international capital.
• Pan-European Innovation Network
o Get access to our network of 200+ renowned partners across Europe consisting of corporations, SMEs, startups, universities and research institutes.
• International Visibility
o They will communicate your success and share your story through our powerful on- and offline channels and leading European media outlets, generating valuable international exposure for your business.
Criteria
• Fast-growing technology company with international ambitions
• Company max. ten years old
• Company incorporated in EU27 or Horizon Europe Associated Countries
• Growth stage: min. €300,000 in revenue or €2,000,000 in funding
More information at: https://www.eitdigital.eu/challenge/
