EIT Digital Challenge

Scale up your deep tech business

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.

We’re 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.

Since its launch in 2014, the competition has attracted more than 2500 entries from all over Europe. Many of the winning scaleups have gone on to become internationally successful companies. Now it’s your turn!

Applications for the EIT Digital Challenge 2021 are closed.
We will announce the submission results soon.
Sign up for the email updates to stay tuned.

Prize package

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

€100,000

The 1st place winner receives €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 or Horizon Europe Associated Countries**

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

*Company incorporated after 01/01/2011
**See the full list of countries here.
***€300,000 revenue in full year 2020, or until the date of application in 2021

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

March 30May 10June-JulyJulySeptember
Applications openSubmission deadlineCalls with shortlisted applicants1Announcement of finalists2Final event3

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 finalists of the EIT Digital Challenge 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 3 companies will be selected and awarded the international growth prizes.

 

Highlights of the final 2020

The exclusive final event of EIT Digital Challenge brings together the most prominent European tech scaleups, innovation stakeholders, investors, and industry representatives - a unique opportunity for networking and business development. The EIT Digital Challenge Final 2021 will take place in September. If you would like to join, please register your interest here.

Let's keep in touch

Have ideas for cooperation? Contact us at challenge@eitdigital.eu.

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