EIT Digital Challenge 2018: Applications for Pan-European Scaleup Competition Now Open

Applications are now open for Europe’s fast-growing digital technology scaleup whose products or services leverage digital technology applied to industry, cities, wellbeing, infrastructure or finance. If your company already has significant revenues and is less than ten years old, you can apply for the EIT Digital Challenge before 14th June and win an international growth package worth up to €100,000 to scale up your business.

What is the challenge about?

The EIT Digital Challenge is an international pitching competition focused on deep tech scaleups – late-stage startups – seeking to accelerate their growth. Deep tech companies create innovations 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.

Who can apply?

Growth stage startups (scaleups) based in EU28, with a min. annual revenue of €300.000 or €2 Million in equity investment, that are max 10 years old. Applications are open for the following categories: Digital Industry, Digital Cities, Digital Wellbeing, Digital Infrastructure, and Digital Finance.

 What’s the prize? 

The two best companies per category will gain 12 months in the EIT Digital Accelerator worth €50,000 to scale up their business. On top of that, the first prize winner in each category receives a cash prize of €50,000.

How can I apply? 

You will find more information and the application form here: www.challenge.eitdigital.eu

When is the submission deadline?

The submission phase ends on 14th June 2018.

For more information check out the EIT Digital Challenge website: www.challenge.eitdigital.eu