EIT launches Scaling up European Digital Ventures

Deadline: 17-Dec-21

The European Institute of Innovation and Technology (EIT) is pleased to launch the Scaling up European digital ventures to support fast-growing European digital deep tech ventures to become prominent global players.

Its team of venture capital & business experts specializes in deep tech and leverages a pan-European network of investors and top corporations to help your company raise Series A & Series B founding, expand your market share and acquire international customers.

Topics

Digital Industry: digital solutions for energy efficiency, sustainability, transparency and resource optimization in manufacturing, logistics, supply chain, retail.
Digital Cities: digital solutions to make city operations more efficient, improve city infrastructure and urban mobility, and enhance the quality of experience for citizens.
Digital Wellbeing: digital solutions for prevention & rehabilitation, coping with chronic conditions, diagnosis, monitoring and healthy lifestyle.
Digital Tech: digital solutions for efficiency and improvement if existing infrastructures; security & privacy of citizens.
Digital Finance: digital solutions improving access to financial services for communications and businesses, affordability, risk mitigation.

Benefits

The best 4 companies will receive a full year of tailored international growth support by the EIT Digital Accelerator worth € 50,000 to scale up their business.

Raise your next Series A or Series B funding round from European investors in a faster and smarter way with the support of the Access to Finance team
Expand your market share, reach new customers and grow your international footprint with the support of the Access to Market team
Leverage the Pan-European network of top European corporations, investors, SMEs, universities and research institutions.
Gain international visibility through EIT Digital communication channels.

Eligibility Criteria

Fast-growing European ‘deep tech’ startups in growth stage (scaleups) with a differentiating product offering that leverages sophisticated, hard-to-reproduce digital technologies. Ideally you are looking to raise Series A or B funding in the near future and / or expand your market presence in Europe.
Incorporated after 01/01/2011
Headquarter is based in the EU 27 or in one of the Horizon Europe associated countries.
The company must meet one of these financial parameters to be eligible:
Min. € 300,000 annual revenue (2020) OR
Min. € 300,000 income (in 2021 until 30 June 2021) OR
€ 2,000,000 of total funding.