Idea Challenge by EIT Digital – win up to 40K euro prize!

Are you building the product in the field of privacy, security and trust? 
Then learn how you can grow your startup by EIT Digital‘ leading European innovation network and apply for Idea Challenge. Winners get up to 40 K euro prize/grant and mentorship program (distance).

 The EIT ICT Labs Idea Challenge is EIT ICT Labs’ contest to reach out, identify and support the best digital startups in Europe, that are focused on fast growth of their business in Europe and worldwide. The contest focuses on our 8 Innovation Action Lines, that cover digital trends in areas strategic for Europe: Health & Wellbeing, Smart Spaces, Cyber-Physical Systems, Future Cloud, Cyber Security and Privacy, Internet of Things, Urban Life and Mobility or Smart Energy Systems.
In 2014, more than 1,500 teams registered for the Idea Challenge contest. 790 entrepreneurs from all across Europe submitted ideas. 24 startups convinced the juries of industry experts, investors and researchers in eight finals. Among them were the three startups below.

Deadline for application is July 6.
  • Tinnitracks: Winner in the category “Health & Wellbeing”. Winner of the official startup competition of SXSW technology conference in the field of Digital Health and Life Science. In April 2015, the product was launched in the Netherlands successfully, supported by EIT ICT Labs.
  • Konux: Winner in the category “Cyber Physical Systems”. Konux has been awarded $100,000 by Founder.org and raised more than US$ 1 million from US investors with the support of EIT ICT Labs. 
  • Undagrid: Winner in the category “Internet of Things”. Dutch “Startup of the Year“. In February 2015, Undagrid rolled-out its’ track-and-trace-solution at Charles de Gaulle Airport Paris. 
Must-have eligibility rules are: maximum five years of existence; less than 1 million EUR external funding received, incorporated in EU28. Additionally startups need to meet at least one of the following criteria: existing customers/a public beta, revenue of min 12k Euro or seed investments of min 100k Euro.
Please follow and like:

Leave a Reply

Your email address will not be published.