EIT Digital Venture Program boosts European pre-seed startups, awards Final Prize

Addressing these challenges, EIT Digital's Venture Program has emerged as a key player in supporting tech startups across Europe. In its 2023 cycle, the programme has selected 10 startups that have not only demonstrated product-market fit but also showcased their capability to attract external financing. Each of these startups, having previously secured €15,000 in the earlier stages of the programme, will now receive an additional €10,000 prize.

This initiative is part of EIT Digital's broader mission to foster tech entrepreneurship, especially in regions such as the Baltics, Central, Eastern, and Southern Europe. The 2023 edition marked the programme's expansion into Italy, Spain, and Hungary, thereby extending its reach to 22 European countries. This expansion is backed by new partnerships with esteemed institutions, enhancing the programme's impact and scope.

Participating startups underwent an intensive eight-week pre-acceleration programme, receiving crucial guidance on developing their Minimum Viable Product (MVP), establishing their startup, and engaging with investors. The programme's "Pitch Days" offered these teams a platform to present their innovations to a wide audience, including early-stage investors and potential clients, showcasing the rich diversity and potential within the European tech landscape.

The ten startups recognised for their exceptional performance and potential include:

• finQbit Prosta Spółka Akcyjna from Poland
• Billd s.r.l. from Italy
• WHIZ COMMERCE CLOUD from Bulgaria
• UAB Okapis from Lithuania
• FELWY Alarm, S.L. from Spain
• Pacjent Expert Sp. z o.o. from Poland
• Tegel SRL from Italy
• Parent's Advisor SRL from Romania
• Babymedtech Sp. z o.o. from Poland
• Veganistik OÜ from Estonia