The EIT Digital Champions is a pan-European innovation competition to identify the best European digital technology scaleups, looking for venture capital financing at both the EU-level and beyond. Winners will be rewarded with free access to the 12-month EIT Digital Growth Services Program.
EIT Digital Growth Services is a program for European digital deep tech scaleups with international growth ambitions. Selected candidates will receive access to finance support tailored to your company’s business needs, provided by a dedicated team of experienced fundraising specialists operating all over Europe with a hub in Silicon Valley.
Key Priority Areas for EIT Digital Champions 2024
EIT Digital Champions is looking for fast-growing European deep tech companies with a differentiated product offering that leverages sophisticated, hard-to-reproduce digital technologies. Your solution may fall under one of the following example categories, among other technology-driven solutions:
- AI/ML
- Cybersecurity
- Smart Cities
- Smart Manufacturing
- MedTech
- Banking/Fintech
- Environmental Management
- Supply Chain Management
- Energy Management
- Image Recognition
- Telemedicine
- PropTech
- & many more!
(check the website for a full list of technologies)
EIT Digital Champions is also committed to supporting scaleups with women in CXO roles and encourages such companies to apply.
Further, applications are encouraged from the EIT Regional Innovation Scheme (EIT RIS), introduced in 2014 to advance the innovation performance of more countries and their regions across Europe, especially countries with moderate or modest innovation scores as defined by the European Innovation Scoreboard, such as Bulgaria, Croatia, Czech Republic, Estonia, Italy, Latvia, Lithuania, Poland, Portugal, Romania, Slovakia, Slovenia, and Spain.
How Does Your Company Benefit by Joining EIT Digital Champions?
EIT Digital will shortlist up to 50 companies to participate as finalists in this competition. They will have the opportunity to pitch their company in front of high-profile investors. Additionally, winners will be invited to attend a VIP Investor Dinner at VivaTech in Paris in May 2024. Further, winners of the EIT Digital Champions benefit from participation in the EIT Growth Services program.
- Raise your next Series A or B round from strategic international investors.
- Leverage EIT Digital’s 300+ Pan-European network of top European corporations, investors, SMEs, universities and research institutions.
- Gain international visibility through EIT Digital communication channels.
Timeline & Important Dates for EIT Digital Champions 2024
Applications are now open! Click here to submit your application.
- Deadline for submitting your application: 31 January 2024
- Online Pitch Competition for selected finalists: 6-7 February 2024
- Champions Proclamation: 19 March 2024
Should Your Company Apply for EIT Digital Champions?
EIT Digital Champions is looking to support companies that match the following criteria:
- You develop a scalable product
- Your company is incorporated after 01/01/2014
- You generate €500K in annual revenue or have raised funds exceeding €2M
- Your company is headquartered in the EU or one of the Horizon Europe-associated countries.
- You are looking to raise between €5M and €30M in funding.
Discover the Impact of the EIT Digital Growth Services & Access to Finance Teams!
WSense is a deep-tech company, born as a spin-off of Sapienza University in Rome, specializing in underwater monitoring and communication systems, based on patented technologies that have pioneered the Internet of Underwater Things (IoUT).
“We are grateful of 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.”
– Chiara Petrioli, CEO & Co-Founder of WSense, EIT Digital Champions winner
Ready to Compete, Win, Raise & Scale? Explore all the details and apply today!
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