EIT Digital ChallengeOne of Europe’s premier deep technology innovation competitions is back for its 10th edition. For scale-up of deep technology, apply here Here’s your chance to win free admission to the EIT Digital Accelerator.
of EIT digital accelerator Aligned with high-growth European deep tech scale-ups by helping to raise capital and secure international customers thanks to a pan-European distributed team of business developers and fundraising experts provide you with the support you need. Since 2012, EIT Digital Accelerator has supported his startups and scale-ups in 20 countries that have attracted over 900 million euros of investment.
Exploring the Benefits of Challenge
Since its inception in 2014, the EIT Digital Challenge has received over 1,800 entries. Most of the successful scale-ups have become internationally successful companies. And you could be next! Check out the compelling benefits of the EIT Digital Challenge.
- Up to 10 winners will receive a one-year customized award. International growth support worth €50,000 Grow your business with the EIT Digital Accelerator.
- Raise funds in your next Series A or B round international investors Get help from our experienced Access to Finance team.
- get your coaching market preparation and Go-to-market strategy We support your international ambitions.
- Utilization of EIT digital 300+ pan-European networks of top European companies, investors, SMEs, universities and research institutes
- gain international recognition Through EIT digital communication channels.
- Challenge finalists are invited pitch competition June coinciding with the EIT Grow Digital conference.
- Communication network We partner with dozens of deep tech startups, scale-ups, VCs, and companies.
Discover what’s new for 2023 with Fabrizio Della Pace, EIT Digital’s Challenges Lead
We asked Fabrizio Della Pace, EIT Digital’s Challenges Lead, to learn more about the Challenge.
How is this year’s challenge different from previous editions? Is there anything new or exciting for participants?
This year’s version of the challenge has two major changes. First, he increased the number of winners from last year’s five to ten this year. This gives you more flexibility to reward scaling up quality in areas where you would expect a dense concentration of good competitors.
The second notable difference is that the final event pitch competition will be held in conjunction with the EIT. grow digital annual meeting. This means that when the finalists come to Brussels to pitch, they are part of a bigger event, with more exposure, more publicity and more opportunities to make important connections. increase.
How does the EIT’s pan-European network help you scale up successfully and what are the highlights of the €50,000 worth of international growth support?
First and foremost, the winning scale-up will be invited to the EIT Digital Accelerator without paying the €50,000 entry fee. This entitles you to one year of fundraising and market expansion support. In particular, fundraising specialists work with scale-up founders to prepare for calls with investors.
VCs ask a lot of tough questions, so we’re there to see what to expect. When ready to scale up, our team will reach out to her network of 1000+ investors across Europe. They facilitate referrals, set up investor calls and help our scale-up acquire the perfect strategic investor.
What can challenge finalists expect from the upcoming pitch competition in June?
The Challenge Finals event is always a really exciting day. Scale-up finalists will be invited to Brussels with travel expenses covered by EIT Digital. In addition to the typically fierce pitch competition, there are plenty of opportunities to network with VCs and companies in attendance.
Likewise, a VIP dinner will be held afterwards, open only to finalists and investors. This is another opportunity to market your business and solicit investor feedback, but in a more relaxed environment.
Finally, because this event coincides with the Grow Digital conference. Winners will be announced on the main stage on the final day. So it’s a big opportunity for well-deserved publicity.
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