Calling all early scaleups who want to grow internationally: No matter if it was the summer weather, the Euro 2016 or anything else that kept you busy, EIT Digital gives you extra time to submit your entry for the Europe-wide startup competition EIT Digital Challenge. Until Sunday 31 July 2016 you have the chance to apply here.
Successful startups will become part of a unique pan-European innovation network and gain international support in scaling their business to Europe and beyond. They will also have the chance to join the EIT Digital Accelerator for a full year. On top, the best team per category receives a cash prize of €50,000.
EU-based startups can apply with their innovative digital technologies in one of five categories:
- Digital Industry
- Digital Cities
- Digital Wellbeing
- Digital Infrastructure
- Digital Finance
The best ten teams in each category will be invited to pitch in front of expert juries at one of five final events. They will take place in Paris, London, Stockholm, Helsinki and Eindhoven during the month of November 2016. The best three teams in each category will be awarded and get access to EIT Digital’s pan-European innovation network with more than 130 partners that bring together Europe’s leading corporations, SMEs, startups, universities and research institutes.
Dominik Krabbe, EIT Digital Challenge Lead, explains why this is not just another startup competition: “Our accelerator program is tailor-made for early scaleups ready to grow internationally. We provide Access to Market and Access to Finance support through a team of experienced business developers and fundraising experts, operating from 13 cities in Europe as well as from the Silicon Valley area. This way we are able to introduce our supported startups to potential clients and investors much faster and help them soft-land their businesses in new countries. The EIT Digital Challenge is your entry ticket into this valuable programme.”
More information: www.challenge.eitdigital.eu