EIT Digital Venture Program now open
for applications in 22 European countries
Bruxelles,
20 February 2023 - More than 200 entrepreneurs
supported, and 124 startups launched, several of which have quickly quickly
raised investment and signed outstanding clients.
Launched
six years ago, the EIT Digital Venture Program, designed to support
early-stage entrepreneurial teams from the Baltics, Eastern and Southern Europe
in their journey to market, boasts a valuable track record.
And
the program keeps growing! The 2023 edition, which launches today, will be open
also to teams based in Italy, Spain and Hungary.
With
the addition of these three major markets, the EIT Digital Venture Program is
now accepting applications from residents of 22 European countries (see
complete list here).
Selected
teams will be offered an intensive eight-week pre-acceleration program; they
will be coached, in particular, on how to develop their Minimum Viable Product
(MVP), establish their startup company, and raise funds with investors.
At
the final “Pitch Days”, teams will get the chance to validate their business
solution by presenting it in front of early-stage investors, potential clients,
and experts from the tech community.
All
teams will receive an initial €5,000 tranche of support, to which €10,000 will
be added for those who complete the program and incorporate their startup.
Finally, the first ten ventures to raise at least €50,000 in funding from
private investors by the end of November will be entitled to an additional
prize of €10,000, bringing EIT Digital’s total support to €25,000.
“In
its 6th edition, the EIT Digital Venture Program is a proven opportunity for
early-stage entrepreneurial teams to establish their deep tech venture and join
Europe's largest digital innovation ecosystem. I am excited to see where this
next generation of entrepreneurs take us, with the support and resources they
will receive,” EIT Digital Venture Program’s Lead, Mirko Tadic, says.
In
Italy, Spain and Hungary, the Venture Program will be executed with the support
of Universidad Politécnica de Madrid (Spain), Dock3 (Italy) and Lunar (Hungary), which join a
pre-existing group of seven regional partners: Found.ation in Greece, Techcelerator in Romania, KTP in Poland, JIC in Czech Republic and Slovakia, BGI in Portugal, University of Ljubljana
(SEB) in Slovenia and LIC in Lithuania.
For
more information and to apply, visit www.eitdigital.eu/venture-program.
About EIT Digital
We
believe in making and shaping a competitive digital Europe that is inclusive,
fair and sustainable and aim at global impact through European innovation
fuelled by entrepreneurial talent and digital technology.
We embody the future of innovation by mobilizing a
pan-European multi-stakeholder open-innovation ecosystem of top European
corporations, SMEs, startups, universities and research institutes, where
students, researchers, engineers, business developers and investors address the
technology, talent, skills, business and capital needs of digital
entrepreneurship.
We build the next generation of digital ventures, digital
products and services, and breed digital entrepreneurial talent, helping
business and entrepreneurs to be at the frontier of digital innovation by
providing them with technology, talent, and growth support.
EIT Digital is a Knowledge and Innovation Community of
the European
Institute of Innovation and Technology (EIT). EIT
Digital is co-funded by the European Union.
For more information, visit www.eitdigital.eu.
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