EIT Digital Incubation Venture Program
Dla kogo:
For unregistered originators residing in a European country
Gdzie:
Europe
Kiedy:
May–November 2024
What are the benefits?
- 5 000 EUR to create an MVP (for each project qualified for the programme)
- 8-week online pre-acceleration programme, including a two-day onsite boot camp in Warsaw, and as part of the programme: development workshops and individual cooperation with experts.
Objective: Selecting the appropriate market segment, defining and building an MVP appropriate for the selected segment, validating business assumptions and MVP with the market. Limiting project risks. Developing business competencies. Preparing for investment (the programme is likely to start at the end of May/beginning of June 2024).
- Participation inPitch Day at the end of the programme (August '24).
- Teams that complete the entire above path, prepare a 2-page report on the results of pre-acceleration and a strong MVP, and establish a company by the end of August 2024, qualify for the second stage of the programme and the prize 10 000 EUR.
- Teams that receive a financial award in the second stage (see above) and attract an investor at the level of EUR 50,000 and achieve traction (sales of at least EUR 10,000) by November 2024 at the latest will be eligible for the next award 10 000 EUR and 5 000 EUR.
The programme is equity-based. For participation in the programme, EIT Digital acquires a 5% stake in the project of the originators.
We encourage you to apply directly via https://www.eitdigital.eu/venture-incubation-program.
You need to create an account on the F6S platform and submit an application containing basic information about the project + pitch deck.
1. A team consisting of at least 2 people
2. No company (or the company was established after 1 January 2024)
3. Residence in a European country (full list here).
4. Development of an innovative digital product in the following areas:
