Editor’s Note: This post has been created in collaboration and with financial support from EIT Digital. If you’re also interested in partnering with us, just reach out.
The clock is ticking, and time is running out! The stage for EIT Digital Champions 2024 is almost set, ready to welcome and celebrate the future of European tech innovation. This leading pan-European competition for digital deep tech scaleups beckons Europe’s most ambitious players for a final call to action, with the application period closing on January 30th.
This competition is tailored for fast-growing European ‘deep tech’ companies that stand out with their unique product offerings, leveraging sophisticated, hard-to-reproduce digital technologies. EIT Digital will shortlist up to 50 companies as finalists, who will have the chance to pitch to a jury of high-profile investors.
Who is it for?
Scaleups: Fast-growing European ‘deep tech’ companies with differentiated product offerings that leverage sophisticated, hard-to-reproduce digital technologies. These companies must meet the following specific criteria:
- Possession of a scalable product.
- Company incorporation after 01/01/2014.
- An annual revenue of €500K or funds raised exceeding €2 million.
- Headquarters in the EU or one of the Horizon Europe-associated countries.
What’s in it for you?
Winners of the EIT Digital Champions 2024 will gain substantial support to boost their journey in the tech industry. They will be granted access to the 12-month EIT Digital Growth Services Program, which is tailored to provide comprehensive support in areas such as fundraising preparation and connecting with a broad network of relevant investors across Europe.
In addition to this invaluable program, the champions will also receive invitations to attend VivaTech 2024 in Paris, one of Europe’s most prominent technology conferences, and a VIP investor dinner event hosted by EIT Digital. These opportunities not only offer significant exposure and networking possibilities but also position the winners at the forefront of European technological innovation, enabling them to scale their businesses and become leaders in the tech sector.
Seize this opportunity – Apply today! The EIT Digital Champions 2024 application closes on January 30.
Journey of a Champion
The EIT Digital Champions initiative boasts a proven track record of fostering successful scaleups and serving as a catalyst for transforming innovative tech companies into industry leaders. Consider the journeys of previous winners: W-Sense and JENTIS, who not only gained recognition but also accessed critical resources and networks. These resources were pivotal in their subsequent funding rounds – €9 million Series A for W-Sense and €11 million for JENTIS, respectively – establishing them as major players in their respective fields.
Chiara Petrioli, CEO and Co-Founder of previous EIT Digital Champions winner WSense. stated: “We are grateful for the high-quality support provided by the Growth Services team and their Access to Finance program. They have helped us prepare for fundraising and introduced us to a wide selection of relevant investors from all over Europe.”
Don’t miss this opportunity! Apply, before it’s too late! Applications close on January 30th. The EIT Digital Champions 2024 is not just a contest; it’s a launchpad for ambitious scaleups to reach new heights. Embrace this chance to partner with EIT Digital. Apply today!