EIT Venture Benefits 2021

Join The EIT Digital Venture Program 2021 & Launch Your Tech Venture

The EIT Electronic Enterprise Software 2021 supports entrepreneurial groups in electronic engineering from 20 international locations to finalize their MVP, get started a enterprise and elevate cash. The 20 eligible countries are Albania, Bosnia, and Herzegovina, Bulgaria, Croatia, Cyprus, Czech Republic, Estonia, North Macedonia, Greece, Malta, Montenegro, Latvia, Lithuania, Poland, Portugal, Serbia, Slovakia, Slovenia, Romania, Ukraine.

The EIT Electronic Enterprise Method helps entrepreneurs with deep tech small business concepts to create and finalize their Minimal Practical Product (MVP), create their startup business, and raise money with investors. The method is specific at 20 suitable countries.

The plan gives an eight-7 days pre-acceleration executed by 6 regional companions: Discovered.ation in Greece, Startup Sensible Guys in Latvia, KTP in Poland, JIC in the Czech Republic and Slovakia, BGI in Portugal, and University of Ljubljana (SEB) in Slovenia. Teams also receive fiscal aid of up to € 25,000 in 3 phases, from MVP to incorporation to elevating money with an trader.

The EIT Digital Undertaking Program 2021 will be held on the internet and is open to multidisciplinary groups of at the very least two people with an modern enterprise notion, PoC, or prototype in the fields of Digital Industry, Digital Tech, Digital Wellbeing, Digital Finance, or Electronic Towns.

Why You Really should Join the EIT Enterprise Software

By making use of to the Venture Application, you participate in a two-phase levels of competition. In the initially phase you have the probability to gain a “Advancement Bundle”:

  • An 8-7 days digital Pre-Acceleration Stage
    • teaching in entrepreneurial competencies
    • support to produce and finalize your MVP from entrepreneurial industry experts
  • A two-working day Bootcamp
  • € 5,000 hard cash prize

Teams who efficiently entire the software, include on time and present a solid MVP, qualify for the to start with tranche of the Remaining Prize of 10,000 €. The first 10 ventures across all regions that have been given the to start with tranche of the Ultimate Prize and that have found an investor (investing at minimum 50,000€) by 21 November 2021 will get an added 10,000 €.

What the EIT Digital Undertaking System gives you

Effectively Supporting Digital Tech Teams

In the last 3 a long time, the EIT Electronic Undertaking Application has invested in the development of 66 tech startups and supported over 200 entrepreneurs in an early phase of their improvement prior to incorporation. Many of these teams have captivated traders in the course of or soon after the pre-acceleration program. In 2020, in considerably less than a few months, 8 groups from 6 European areas efficiently elevated shut to €400,000 from private buyers. Based mostly on this accomplishment, the eight startups had been also awarded an added €80,000 in co-investment decision from EIT Electronic.

Karolina Czaplicka, co-founder of Subjective Tutorial, notes: “We are incredibly grateful to the EIT Electronic Venture System for having a possibility on us in this kind of an early stage of our startup journey. They furnished us with critical knowledge on how to start off and grow our enterprise and gave us fiscal assist devoid of which we would not be equipped to create our MVP and validate our idea.”

The EIT Electronic Enterprise Application is right now set up as a launchpad for the most bold entrepreneurs in Europe’s rising markets.

How You Can Be part of the Software

Right before you utilize, quickly check if you are qualified! The EIT Electronic Undertaking Method is wanting for:

  • Multidisciplinary groups of at least two people with an ground breaking business notion, PoC, or Prototype in the fields of Digital Industry, Electronic Tech, Digital Wellbeing, Digital Finance, or Digital Cities.
  • All team associates need to be absolutely-fledged users of the team and should be outlined in the on the net software variety.
  • Staff members ought to be resident in a person of the pursuing 20 nations: Albania, Bosnia and Herzegovina, Bulgaria, Croatia, Cyprus, Czech Republic, Estonia, North Macedonia, Greece, Malta, Montenegro, Latvia, Lithuania, Poland, Portugal, Serbia, Slovakia, Slovenia, Romania, Ukraine. You have not included your venture nevertheless.

3 Straightforward Actions To Submit Your Software

You are suitable to utilize? Terrific, here’s what’s upcoming:

  1. Read cautiously the Guidelines & Rules for your regional version.
  2. Finish the application type:
    1. Select the edition linked to your region
    2. Describe your staff
    3. Demonstrate the business model, the technologies fundamental your item/alternative, and your revolutionary notion
    4. Add your pitch deck
  3. Post your application by April 8.

Seems very good? Then go to the EIT Electronic Undertaking Program’s web-site for extra information and facts & apply currently!

 

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