461 entries from 26 countries at Idea Challenge // EIT Digital

461 entries from 26 countries at Idea Challenge

EIT Digital's startup contest Idea Challenge activated entrepreneurs all over Europe. Since its kick-off on May 6th it generated great awareness among European startups.

Willem Jonker, CEO of EIT Digital: "We are excited to meet the 80 finalists of EIT Digital Idea Challenge in autumn. Many promising startups applied. We are looking forward to help them grow and scale-up in Europe and beyond so they become Europe's next success stories!"

Here are some important facts & figures on EIT Digital Idea Challenge 2015

  • 750 teams registered from May 6th till July 6th
  • 461 tech startups applied in eight topics
  • 26 EU countries are represented 
  • Germany (20%), France (14%) and Italy (9%) are leading the country ranking
  • 15% of applications generate from CEE countries.
  • 37% of submissions came from female founders or co-founders
  • 57% applied in the three categories Urban Life & Mobility, Health & Wellbeing and Internet of Things (IoT)
  • 50% of the teams applied within the last 24h of submission
  • 40% of the young companies are profitable or will be in 2016
  • Close to one third of the teams secured patents already
  • 75% of the startups attracted by Idea Challenge offer B2B solutions and provide valuable tech innovation

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