SCALE UP YOUR DIGITAL DEEP TECH BUSINESS
Are you a fast-growing European digital technology scaleup? Has your company developed deep tech solutions within the areas of industry, cities, wellbeing, finance or digital core technologies? Does your company already have significant revenues and is less than ten years old?
EUROPEAN SCALEUP COMPETITION
The EIT Digital Challenge is an international pitching competition focused on deep tech scaleups – late stage startups – seeking to accelerate their growth. Deep tech comapnies 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.
In total, 25 scaleups in five categories will be selected to pitch their product or service in front of an international jury of corporates and investors at the final event in October. 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.
We are looking for scaleups leveraging digital technologies within 5 categories that are aligned with the focus areas of EIT Digital. Please check in which category your company fits best – you can only apply in one category.
You can apply with your deep tech product in one of the following categories:
- Digital Tech
- Digital Cities
- Digital Industry
- Digital Wellbeing
- Digital Finance
DIGITAL TECH
Inventing the digital future with core technologies providing secure, robust, responsive and intelligent communications and computation.
Keywords: Connectivity, Cyber Security and Privacy, Blockchain, Internet of Things, Artificial Intelligence, Big Data, Digital ID Management, Cloud Computing, Machine Learning, Authentication, Biometrics, User Behaviour Analytics.
DIGITAL CITIES
Serving the cities with digital technologies addression urban mobility, citizen inclusiveness and engagement, and city safety.
Keywords: Smart City, Smart Mobility, Safety & Security, Urban Development, Autonomous Driving, Citizen Services, Citizen Participation, Environmental Management, Energy Management, Sustainability.
DIGITAL INDUSTRY
The digital transformation of the industry, from production to logistics to retail.
Keywords: Smart Manufacturing, Predictive Maintenance, Industry 4.0, Energy Efficiency, Resource and Asset Management, Retail, Logistics, Customer Experience, Supply Chain Management, Image Recognition.
DIGITAL WELLBEING
Safeguarding health for the youth, the working professional and the elderly by analysing sensor data.
Keywords: Wellbeing at Work, Self Monitoring, Prevention, Early Detection, Assisted Living, Occupational and Personal Health, Rehab, Mental and Physical Impairment Support, Coping with Chronic Diseases.
DIGITAL FINANCE
The disruption of digital transactions and institutions with technologies that allow transparency, efficiency, security and trust.
Keywords: Banking, FinTech, Payments, Insurtech, Wealth/Asset Management, Cyber Security, Big Data, Mobile Banking.
To be considered for the contest, you have to meet the following criteria:
- Fast growing technology company with international ambitions
- Company max. ten years old
- Company incorporated in EU28
Prove growth stage by meeting one of the following three criteria:
- Min. €300,000 revenue in 2018, or
- Min. €300,000 revenue in 2019 until date of application, or
- Min. €2,000,000 in total equity investment
Application Deadline: 14 June 2019
Source: EIT Digital
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