Scale Up Your Digital Tech Business Written by on September 4, 2017

Are you a European digital tech startup and want to take your business to the next level? Then EIT Digital’s pan-European startup contest, the EIT Digital Challenge 2017, could be just what you are looking for!

Late stage startups can apply with their successful deep technology products in one of the following five categories: Digital Industry, Digital Cities, Digital Wellbeing, Digital Infrastructure and Digital Finance. The winner in each category will receive an international growth package worth €100,000. The package includes a full year of dedicated support from the EIT Digital Accelerator and a cash prize of €50,000.

In addition, startups will get access to a unique pan-European innovation network of 130+ partners that consists of leading corporates, SMEs, startups, universities and research institutes. They will also receive financing support as well as tailored personal introductions to potential customers in Europe and beyond and will gain international visibility as we communicate their success through our powerful network channels.

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The focus of the contest is to support the international growth of deep-tech innovations in Europe. Deep-tech innovations are technologies that are built around unique, often protected or hard to reproduce technological or scientific advances. They have a strong research base and develop disruptive solutions that fuel the digital transformation.

“Deep-tech digital ventures require high quality specialized support when it comes to finding customers and raising capital,” explains Willem Jonker, CEO of EIT Digital. “Through our excellent pan-European business and technology ecosystem, and guided by our experience and our proven track record in deal-making, we as EIT Digital are in a unique position to drive the international scaling of these deep-tech digital ventures.”

The EIT Digital Accelerator supports European digital tech ventures to scale-up by helping secure target customers and raise capital. A team of 40 experienced business developers and finance experts operate from 13 cities across Europe, along with a hub in Silicon Valley. Since 2012, the EIT Digital Accelerator has supported more than 250 companies to access new markets, and helped them raise more than € 80 million in investment to date. Recently, the program was ranked 8th among the Top 20 Accelerators in the Global Accelerator Report 2016 by Gust.

The deadline for applications is 8 October 2017. For more information and the application form, please visit www.challenge.eitdigital.eu

I’d be happy to tell you more about EIT Digital and the Challenge at Mindtrek, come talk to me at our booth Nr.16.

Written by:

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Dominik Krabbe
EIT Digital Challenge Lead

Note: Don’t miss Dominik Krabbe’s speech at Mindtrek on 10:45 – 11:15.