Europe’s signature scaleup competitors, EIT Digital Champions 2025, is ready to determine the continent’s most promising deep tech firms. Chosen finalists can have the chance to pitch to main enterprise capital buyers and lift Sequence A or B funding rounds, with assist from an skilled progress providers workforce.
In 2024, EIT Digital chosen 50 standout finalists from throughout Europe, giving them the possibility to pitch their progressive options to main buyers. Nevertheless it didn’t cease there! The Champions got extra than simply publicity. Champions, like W-Sense and JENTIS, acquired entry to a complete 12-month Progress Providers Program and raised thousands and thousands for his or her deep tech options.
“We’re grateful for the high-quality assist offered by the Progress Providers workforce and their Entry to Finance program. They’ve helped us put together for fundraising and launched us to a big selection of related buyers from throughout Europe.”
– Chiara Petrioli, CEO & Co-founder of WSense (earlier EIT Digital Champions winner)
A Look into This 12 months’s Competitors Sponsors
This yr, this system is proudly sponsored by two business leaders — STMicroelectronics, a pioneer in automotive expertise, and GEA Digital, a frontrunner in digital transformation.
STMicroelectronics: The Pioneer in Automotive Electronics
STMicroelectronics has over 30 years of expertise in automotive electronics, making it a trusted companion in shaping the way forward for transportation. Their Good Driving applied sciences improve security, sustainability, and connectivity throughout automotive purposes, from Powertrain to Superior Driver Help Techniques (ADAS), driving progress in automobile electrification and connectivity.
GEA Digital: The Chief of Digital Transformation
GEA Digital leads the cost in digital transformation by harnessing AI, IoT, and immersive applied sciences like VR, XR, and AR. With an agile ecosystem of companions, GEA stays on the forefront of a fast-evolving tech panorama, constantly adapting to improvements and sustaining a aggressive edge in digital options.
How Does it Profit Your Firm?
The EIT Digital Champions program offers a novel alternative for scaleups to speed up their progress by connecting them with worldwide buyers and providing tailor-made assist. By profitable this competitors, your scaleup will:
- Achieve entry to fundraising and mentorship by way of the 12-month Progress Providers Program value €50,000.
- Pitch to a jury of top-tier buyers throughout a web based competitors, opening doorways to international funding alternatives.
- Attend high-profile tech conferences and an unique VIP investor dinner, additional increasing your community and visibility within the European tech scene.
If your organization is prepared for worldwide growth and desires the proper funding to develop, this program affords the platform to make that occur. Moreover, our company sponsors STMicroelectronics and GEA Digital have generously agreed to assist our Champions with the chance to enter fruitful collaborations that may unite the large sources of those company companions and the unrivalled innovation of our Champions. Candidates can have the choice to point their curiosity in these collaborations.
Who Can Apply?
This system targets European deep-tech scaleups that meet the next standards:
- Corporations integrated after January 1, 2015
- A scalable product leveraging extremely progressive digital applied sciences
- Income of no less than €500,000 in 2024 or no less than €2 million in raised fairness funding
- At present searching for to boost between €5 million and €30 million in funding
Eligible candidates should function in growth-stage industries similar to Digital Tech, Digital Business, Digital Wellbeing, and Digital Finance. If your organization suits this profile and also you’re seeking to increase internationally, EIT Digital is on the lookout for you.
How Does it Work?
Making use of for the EIT Digital Champions program is straightforward and could be accomplished on-line. Right here’s how the method works:
- Submit your software by December 2, 2024.
- Put together your pitch with the assist of the EIT Digital workforce, who will supply steering and mentorship that will help you excellent your presentation.
- Pitch your organization to a panel of enterprise capital buyers on the on-line competitors in January 2025.
- Compete to develop into an EIT Digital Champion, which incorporates gaining free entry to the expansion providers program and attending key tech conferences and networking occasions.
This system is designed to be accessible, with every step structured to maximise the expansion potential of taking part firms.
Essential Dates
Key dates for the 2024-2025 version of the EIT Digital Champions program are:
- Purposes Open: September 25, 2024
- Submission Deadline: December 2, 2024
- On-line Pitch Competitors: January 14-15, 2025
- Proclamation of Champions: February 28, 2025
- VIP Investor Dinner: Q2 2025
This timeline provides contributors ample time to organize their pitches, interact with mentors, and maximize the advantages of this system.
Champion Success Story: WSense
Take the instance of WSense, one of many latest EIT Digital Champions. WSense, providing Web of Underwater Issues (IoUT) expertise, entered the EIT Digital Champions competitors and made an unforgettable impression on the jury. Their groundbreaking innovation led them to be named one of many 2024 Champions.
Over the following twelve months, WSense partnered with EIT Digital’s progress providers workforce to refine their pitch, join with the proper buyers, and safe investor calls throughout Europe. This hands-on assist helped WSense sharpen its message and construct a robust funding case.
Only one yr after taking part, WSense raised €9 million from buyers based mostly in three totally different EU nations! This success story showcases how EIT Digital helps European scaleups of their journey to scale internationally and safe substantial funding.
Again To You
Are you able to comply with in WSense’s footsteps? The EIT Digital Champions 2025 competitors is your probability to safe funding, acquire entry to prime buyers, and profit from €50,000 in progress providers. Don’t miss this chance to work with EIT Digital and take your scale-up international. Purposes are open till December 2, 2024.
Apply at the moment and be part of the ranks of the following EIT Digital Champions!
_______
Sharing is Caring!
Keep forward of the curve with Enterprise Digital 24. Discover extra tales, subscribe to our publication, and be part of our rising neighborhood at bdigit24.com
