For the second time in this year, EIT ICT Labs calls ICT startups and innovators with entrepreneurial spirit to come up with “game changing” business visions. The ideas should relate to one of the following innovation areas: Smart Energy Systems, Cyber Security & Privacy, Internet of Things, and Urban Life & Mobility.
The first round of the Idea Challenge drew over 300 entries from 25 EU countries. Twelve European startups are already working closely with the EIT ICT Labs Business Accelerator to further develop their ideas.
“By winning the EIT ICT Labs Idea Challenge we instantly got access to potential partners, met other companies from the Health & Wellbeing community and were provided with the chance to attend major industry events”, says Jörg land, Co-founder of Sonormed (Tinnitracks) and first prizewinner in the category Health & Wellbeing. “As an entrepreneur I do appreciate these opportunities. I am confident that being a member of EIT ICT Labs will support us to expand our business and enter international markets.”
Submit your Idea
Ideas can be submitted online until September 30th. The best teams will be invited to Berlin, Trento, Stockholm, or London (depending on the topic) in order to pitch their ideas in front of an expert jury.
In each category, the finalists can win a cash prize of 15,000 to 40,000 Euros, coaching from the EIT ICT Labs Business Development Accelerator and six months office space at one of the Co-Location Centres in Europe. Additionally, winning the Idea Challenge means to get access to the large innovation network of EIT ICT Labs with over 120 partners including some of Europe’s and the world’s biggest ICT companies such as Siemens, Nokia, SAP, Intel, and Philips as well as leading universities and research institutes.