Open Innovation Factory 2024

Join Open Innovation Factory 2024 to boost your deep tech startup!

Do you want to accelerate the growth of your early-stage digital deep tech startup?

Submit your proposal to the EIT Digital "Open Innovation Factory 2024" programme and receive our support to package your technology, sign up customers and attract investment. 

The work programme is guided by the five focus areas - Digital Tech, Digital Industry, Digital Cities, Digital Wellbeing and Digital Finance - of the EIT Digital Strategic Innovation Agenda 2022-2024.

Selected proposals will receive financial support from EIT Digital and be embedded in our pan-European ecosystem of over 350 partners from business and industry, research and academia, investment, and the public sector.

Engage in the largest European digital innovation ecosystem and benefit from Open Innovation Factory 2024!

Apply to the EIT Digital Open Innovation Factory and get:

  • EIT Digital financial support (up to 400K Euro) 
  • Fundraising assistance
  • Mentoring and coaching
  • EIT Digital Speed Master training
  • Access to hundreds of partners from EIT Digital’s innovation ecosystem across Europe, including corporates, public sector, investors and academia

Ready to apply? Here’s what you need to know.

All proposals need to be submitted by a team of two to four EIT Digital partners from at least two different eligible European countries. One of the team members must be an early-stage venture with an innovative deeptech product that already has traction. The team must be ready to collaborate intensively for 6 months on a joint plan to boost this innovative product and gain more market traction.

Are you entrepreneurial and enthusiastic but unable to meet these requirements? Don’t worry, EIT Digital can support you in finding complementary partners to complete the team! Just fill the matchmaking form!

Not an EIT Digital partner yet? Don’t worry, you can start the application process and complete it if your proposal is selected.

In consideration of the support received by the applicant, an equity granting model is applied whereby EIT Digital will be granted equity in the early-stage venture. The new Cut-off specific document will be released in July, stay tuned!

Accepted proposals will start their programme activities on the 1st of January, 2025, right after the results of the selection process are published.

Timeline

  • Continuous intake of proposals throughout 2024 with 2 pre-defined cut-off dates.
  • Cut-off 1 is already closed, the Cut-off 2 document will be released in July.
  • Cut-off 2 Information Session - September 9, 2024 - Register here
  • Please refer to the Open Innovation Factory 2024 document for more details.

How to participate?

Please read carefully the Open Innovation Factory 2024 document. Read the FAQ to find the answer to some of the more common questions and if you can’t find your answer there, please contact oif@eitdigital.eu with your specific question.

Download Open Innovation Factory 2024 document

Should you need assistance in finding Partners of EIT Digital to collaborate with or have further questions about EIT Digital in general and Open Innovation Factory 2024, the Matchmaking Form will be open in September.

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Co-Funded by the European Union