Scale up your Deep Tech Solution with the EIT Digital Challenge 2023

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EIT digital examOne of Europe’s deepest tech innovation competitions, is back with its tenth edition. If you’re a deep tech geek, apply here for a chance to get into the EIT Digital Accelerator for free.

of EIT Digital Accelerator Helping global clients raise capital and secure high-growth Europe, it provides deep technology levels of tailor-made support – for a pan-European, distributed team of business developers and fundraising professionals. Since 2012, the EIT Digital Accelerator has supported startups and benchmarks from 20 countries investing more than €900+ million.

Scale up your Deep Tech Solution with the EIT Digital Challenge 2023

Explore the benefits of the test

In the year Since its launch in 2014, the EIT Digital Challenge has attracted more than 1,800 entries. Most of the winners have scaled to become internationally successful companies. And you could be next! Check out the attractive benefits of the EIT Digital Exam:

  • Up to 10 winning companies will receive a full year of customization International development support worth €50,000 at the EIT Digital Accelerator to grow their careers.
  • Raise the next series of A or B rounds International investors With the support of an experienced financial access team.
  • Get training on you Market readiness And Go to market strategy To support your international ambitions.
  • Use EIT Digitals 300+ pan-European network Top European corporations, investors, SMEs, universities and research institutes.
  • Get international visibility Through EIT digital communication channels.
  • Finalists for A Pitch competition It coincides with the EIT Grow Digital conference in June.
  • network Dozens of deep tech startups, benchmarks, VCs and corporates.

Find out what’s new in 2023 with Fabrizio Della Pace, EIT Digital’s Challenges Lead.

We spoke to Fabrizio Della Pace, EIT Digital’s Challenges Lead, to learn more about the challenge.

How is this year’s exam different from previous editions? Is there anything new or interesting for the participants?

There are two big changes to this year’s version of the exam. First of all, we have increased the number of winners from five last year to ten this year. This gives us more flexibility to reward quality metrics in what we expect to be highly qualified competitors in a crowded field.

The second significant difference is that the final event competition will be held in conjunction with the EIT Grow Digital annual conference. This means that when finalists come to Brussels, they will be part of a bigger event, with more exposure, more publicity and opportunities to make valuable connections.

How does the EIT pan-European network help strike the winning balance? Also, what are the highlights of the 50,000 Euro worth of international development support?

First of all, the winning scales will be invited to join the EIT Digital Accelerator without paying the 50,000 euro entry fee. This gives them access to a full year of fundraising and marketing support. In particular, our fundraising specialists work closely with scale-up founders to call investors.

VCs are going to ask a lot of tough questions, so we’re there to confirm what to expect. Once the benchmarks are set, our team will reach out to a network of 1000+ investors across Europe. Facilitate introductions and arrange investor calls, helping our scale find the right strategic investors.

What can the finalists of the competition expect from the pitch competition scheduled for June?

The final event of the exam is always a very exciting day. Scale Up finalists will be invited to Brussels with travel expenses covered by EIT Digital. In addition to the usual intense pitch competition, there are plenty of opportunities to network with established VCs and corporates.

Likewise, there will be a VIP dinner afterward, open only to finalists and investors. This is another opportunity to pitch your business and ask for investor feedback, but in a more expansive way.

Finally, since the event is happening simultaneously with the Grow Digital conference. We will announce the winners in the main forum at the end of the day. So that’s a great opportunity for some well-deserved publicity.

Are you ready to grow your business digitally with EIT? Click here to apply today!

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