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EIT Digital Challenge

EIT Digital Challenge 2019

The EIT Digital Challenge takes place for the 6th consecutive year and is again looking for the most innovative European digital tech startups to help them grow internationally by connecting them to potential customers and/or investors. Startups in growth stage (scaleups) can apply in five categories: Digital Tech, Digital Industry, Digital Cities, Digital Wellbeing, and Digital Finance. The winners will gain international growth support totaling €750,000 in cash and in-kind.
What’s in it for me? 
25 companies will be invited to an exclusive event in Brussels to pitch in front of expert juries. The two best companies per category will gain 12 months support to scale up their business. The growth support is provided by the EIT Digital Accelerator team (no equity taken, no physical presence needed). On top of that, the first prize winner in each category receives a cash prize of €50,000 (no strings attached).
And last but not least: finalists and winners will a gain a lot of international visibility!
Who can apply?
Growth stage startups (scaleups) based in Europe (incl. associated H2020 countries), with a min. annual revenue of €300.000 or min. €2 million in equity investment, that are max 10 years old. Applications are open for the following categories: Digital Tech, Digital Industry, Digital Cities, Digital Wellbeing, and Digital Finance
How can I apply? 
You will find the online application form here: https://eitdigitalchallenge.submittable.com/submit (please register and then fill out the form)
When is the submission deadline?
The submission phase ends on 14 June 2019 (23:59:59)
Any questions?
Please contact the EIT Digital Challenge team at challenge@eitdigital.eu
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234 startups from 25 European countries are in the running for the EIT Digital Challenge 2016

234 entrepreneurs from 25 countries submitted applications to the EIT Digital Challenge in order to compete in Europe’s most prestigious startup competition and gain international growth support. Most applications came from the United Kingdom, followed by France, Germany and Italy.

“Each year the applicant pool gets stronger and stronger” says Dominik Krabbe, EIT Digital Challenge Lead. ”This year, we’ve set requirements to apply higher, targeting early scaleups with existing market traction and revenue. We are looking forward to inviting the most promising ones to our finals in autumn, and of course working with the winners on their international expansion. Past winners like Soma AnalyticsKonux or Sentryo have already successfully grown their businesses with the help of EIT Digital.”

Startups could apply in five different categories. In each category, eight to ten teams are invited to present their technology in front of an expert jury at one of five final events taking place in different cities across Europe in November 2016: Helsinki (category: Digital Industry), Paris (Digital Cities), Eindhoven (Digital Wellbeing), Stockholm (Digital Infrastructure) and London (Digital Finance). The finalists will be announced by early October 2016.

  • A total of 234 tech startups applied in five categories
  • 25 EU countries are represented
  • Every third submission came from female founders or co-founders
  • Half of all entries were in the Digital Industry and Digital Wellbeing categories
  • A quarter of the teams applied within the last 24 hours before the submission deadline
  • More than a third of the teams have already secured patents for their technology
  • 80% of the startups offer B2B solutions
  • 25% have 10 or more team members.

Successful startups will have the opportunity to become part of EIT Digital’s unique pan-European innovation network that provides access to a network of investors, leading corporates as well as research institutes. They will also have the chance to join the EIT Digital Accelerator for a full year. On top, the best team per category receives a cash prize of €50,000.

Retrieved from: EIT Digital

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