Deadline: 31-Jul-22
The European Institute of Innovation and Technology (EIT) Manufacturing is organizing a pan-European competition under the brand name: BoostUp! 2022. The competition seeks to support startups who have demonstrated unique integration use cases of their solution – pilots and/or PoCs (proof of concept projects) – with a large manufacturing corporate.
The objective of this competition is to showcase the next generation of European manufacturing innovators and highlight new technology use cases.
Thematic Areas
More specifically, BoostUp! 2022 is dedicated to supporting solutions to industrial challenges under the following thematic areas:
- Flexible Production Systems for Competitive Manufacturing Emerging technologies that enable almost limitless flexibility in product design and production, allowing full customisation.
- Low Environmental Footprint Systems & Circular Economy for Green Manufacturing Using new technology to minimise use of resources, energy, and material in production systems enables new circular business models.
- Digital & Collaborative Solutions for Innovative Manufacturing Ecosystems Collaboration and business on digital platforms and value networks enables companies to create new and highly efficient valuechains.
- Human-machine co-working for socially sustainable manufacturing Smart use of automation and robots enables great workplaces, flexible production, and sustainable human work.
Benefits
- The top twenty startups will be invited to present their pilots or PoCs at the BoostUp! 2022: Grand Final on 7 October 2022 in Athens, Greece.
- Up to eight (8) startups will be selected to receive a €20,000 cash prize and a package of access to market and access to finance support services.
- There will also be an additional €5,000 cash prize for (1) the top ranked startup coming from a RIS country and (2) the top ranked female led startup.
Eligibility Criteria
- The BoostUp! 2022 competition is open to startups who have demonstrated their solution with a manufacturing corporate and would like to showcase their work with the ambition to scale the technology further. Startups applying to BoostUp! 2022 must meet the following eligibility criteria:
- Are actively looking to grow
- Have a solution with Technology Readiness Level 7 or higher that falls within one of the EIT Manufacturing flagships
- Have finished a pilot or proof of concept between 31 July 2021 and 31 July 2022 with a manufacturing corporate
- Have a dedicated full-time team (2 people+) with a headquarters incorporated in any EU or Horizon Europe associated country
- Have established their legal entity in 2017 or later
- Have cumulative commercial revenues of 5 million EUR or less since the date of their legal establishment
- Startups that have applied to previous EIT Manufacturing BoostUp! competitions are eligible to participate. However, the following startups are ineligible: BoostUp! Bridge 2021 competition winners, startups that have been approved by EIT Manfuacturing’s Investment Committee prior to 31 July 2022, and/or any startup pilots/PoCs that have received funding under EIT Manufacturing’s 2021 or 2022 annual call for proposals.
- To be eligible for consideration of the two additional 5,000 euro cash prizes, the following definitions apply:
- RIS countries include those defined by the European Institute of Innovation & Technology. The registered headquarters of a startup will be used to determine eligibility.
- Female led startup means a startup where the CEO is a female.
- The official language of the competition is English. All submission material must be submitted in the English language and the finalists, selected for participation in the final live event, must pitch in the English language.
For more information, visit https://www.eitmanufacturing.eu/news-events/calls/boostup-2022-our-pan-european-startup-competition-is-now-open/