Innovative startups bringing manufacturing into the future are being called on to join EIT Manufacturing’s annual BoostUp! competition. Taking part brings the chance to join a pitch competition, meet industry leaders, woo investors and battle it out for cash prizes. Applications are now open with a Grand Final to be held in Athens, Greece.
EIT Manufacturing is a manufacturing-focused Knowledge and Innovation Community within the European Institute of Innovation and Technology (EIT). Its goal is to bring European stakeholders focused on manufacturing together in innovation ecosystems that add unique value to European products, processes and services and inspire the creation of globally competitive and sustainable manufacturing.
The group is now inviting startups to apply for its annual pan-European BoostUp! 2022 competition.
The competition, which has some amazing benefits up for grabs, is open to startups that have shown the usefulness of their solution through cooperation with a large manufacturing corporation, either by means of a pilot or a proof-of-concept project to demonstrate the validity of their idea. The competition specifically targets startups with solutions that fall within one of EIT Manufacturing’s flagships.
- Flexible production systems for competitive manufacturing
- Low environmental footprint systems & circular economy for green manufacturing
- Digital & collaborative solutions for innovative manufacturing ecosystems
- Human-machine co-working for socially sustainable manufacturing
After reviewing the applications, 20 finalists will be invited to the BoostUp! 2022 Grand Final on 7 October 2022 to showcase their pilot or proof-of-concept and compete for cash prizes and support services.
Up to 8 startups will be awarded a €20k cash prize alongside a package of services to support them in fundraising and accessing new markets. There will also be €5k cash prizes for the top-ranked startup from a Regional Innovation Scheme country and the top-ranked female-led startup.
The Grand Final will take place in Athens, Greece on 7 October and will also bring the amazing opportunity to participate in an exclusive networking and matchmaking soiree where startup finalists will be able to meet international experts, corporate manufacturing executives and investors.
This is the fifth edition of the BoostUp! series, with previous editions resulting in many startups being supported directly by EIT Manufacturing with client introductions, fundraising assistance and, in some cases, direct financial investment.
Sounds like something right up your street? Find out more and apply here now – you have until July 31!