EIT Digital Challenge // EIT Digital

EIT Digital Challenge

EIT Digital Challenge

Scale up your digital deep tech business

Are you a fast-growing European digital technology scaleup? Has your company developed deep tech solutions within the areas of industry, cities, wellbeing, finance or digital core technologies? Does your company already have significant revenues and is less than ten years old?

Apply for the EIT Digital Challenge and win an international growth package worth up to €100,000 to scale up your business.

Apply here

Submissions close 14 June

EUROPEAN SCALEUP COMPETITION

The EIT Digital Challenge is an international pitching competition focused on deep tech scaleups – late stage startups – seeking to accelerate their growth. Deep tech comapnies create innovations that are built around unique, often protected or hard to reproduce technological or scientific advances. They have a strong research base and develop disruptive solutions that fuel the digital transformation.

In total, 25 scaleups in five categories will be selected to pitch their product or service in front of an international jury of corporates and investors at the final event in October. The two best companies per category will gain 12 months in the EIT Digital Accelerator worth €50,000 to scale up their business. On top of that, the first prize winner in each category receives a cash prize of €50,000.

PRIZE

Our prize package offers everything you need to take your business to the next level:

  • €100,000
    Prize Package
  • Market access and fundraising support
  • Pan-European innovation network
  • International
    visibility
€100,000 PRIZE PACKAGE
The two best companies per category will gain 12 months in the EIT Digital Accelerator worth €50,000 to scale up their business. On top of that, the first prize winner in each category receives a cash prize of €50,000.
MARKET ACCESS & FUNDRAISING SUPPORT
Join the EIT Digital Accelerator and benefit from a dedicated team of 40 business and financing experts operating from 14 major European cities and a hub in Silicon Valley. We will support you in securing international target customers and raising venture capital.
PAN-EUROPEAN INNOVATION NETWORK
Get access to our network of 150+ 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.
€100,000 PRIZE PACKAGE
The two best companies per category will gain 12 months in the EIT Digital Accelerator worth €50,000 to scale up their business. On top of that, the first prize winner in each category receives a cash prize of €50,000.
MARKET ACCESS & FUNDRAISING SUPPORT
Join the EIT Digital Accelerator and benefit from a dedicated team of 40 business and financing experts operating from 14 major European cities and a hub in Silicon Valley. We will support you in securing international target customers and raising venture capital.
PAN-EUROPEAN INNOVATION NETWORK
Get access to our network of 150+ 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

To apply, your scaleup must fulfil the following eligibility criteria:

  • Fast growing technology company with international ambitions

  • Company max. ten years old

  • Company incorporated in EU28

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


*€300,000 revenue in full year 2018, or until date of application in 2019


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 categories and the impact our support could have on your business.

In addition, you must be prepared to pitch in public. Pitch and application have to be done in English.

Make sure to read our contest conditions and don't hesitate to contact us if you have any further questions.


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