EIT DIGITAL CHALLENGE 2020

SCALE UP YOUR DEEP TECH BUSINESS

EIT Digital Challenge Finalists 2020

EIT Digital Challenge Finalists 2020
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Learn more about the finalists

Twenty outstanding deep tech scaleups will compete in the final of the EIT Digital Challenge 2020. From brain imaging to autonomous vehicles and location intelligence - the 20 finalists nominated for the EIT Digital Challenge cover a wide variety of topics within the deep tech field.

The finalists were selected out of 403 applicants and come from 11 European countries. On average, they reached a revenue of €1.5M in 2019, have received €5.6M funding and employ 31 people.

The winners will be chosen in a final event held online on November 12, where the finalists will pitch in front of a jury of experts and compete for prizes worth €350,000.

The final of EIT Digital Challenge is a unique opportunity for investors and industry representatives to gain access to the most prominent European tech scaleups. In addition to watching the pitches, attendees will be able to arrange business meetings with the finalists and other prominent scaleups from EIT Digital ecosystem via an online matchmaking platform.

Join us at the EIT Digital Challenge Final on 12 November and connect with some of the most innovative European tech scaleups!

The event is by invitation only, if you are a stakeholder of the digital innovation ecosystem (corporates, investors, journalists and EU institutions) and you would like to join the event please register your interest.

PRIZE PACKAGE

The best 5 companies will 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 will receive a cash prize of €100,000.

€100,000 CASH PRIZE

The 1^st place winner will receive €100,000 cash prize.

MARKET ACCESS & FUNDRAISING SUPPORT

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

Get access to our network of 200+ renowned partners across Europe consisting of corporations, SMEs, startups, universities and research institutes.

INTERNATIONAL VISIBILITY

We 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, United Kingdom or associated H2020 countries**

Growth stage: min. €300,000 in revenue*** or €2,000,000 in funding

*Company incorporated after 01/01/2010
**See the full list of countries here.
***€300,000 revenue in full year 2019, or until the date of application in 2020

Startups in growth stage (scaleups) can apply in five thematic areas: Digital Tech, Digital Industry, Digital Cities, Digital Wellbeing, and Digital Finance. Learn more about them here.

All submissions will be evaluated by internal and external experts. We will examine the market and internationalization potential of your product or service as well as the quality of your core team. We will also consider the fit of your product or service to our thematic areas and the impact our support could have on your business.

In addition, you must be prepared to pitch in public. Pitch and application must be done in English. Make sure to read our contest conditions and check the FAQ page. If you have any further questions don't hesitate to contact us at challenge@eitdigital.eu.

TIMELINE

April 23Applications open

June 7Applications close

June 26 - July 4Calls with shortlist¹

End of JulyAnnouncement of finalists²

NovemberFinal³

¹ All shortlisted applicants will be invited to individual calls to allow EIT Digital evaluators to clearly understand companies’ needs and growth potential. Based on these calls, the finalists will be selected.
² We will announce the 20 finalists of the EIT Digital Challenge 2020 and invite them to the final event.
³ The final event gives the finalists the opportunity to present their companies in front of high-level investors, corporate executives, journalists and representatives from EIT Digital. The best 5 companies will be selected and awarded the international growth prizes.
Please note that the dates are indicative and are subject to change.