25 deep-tech scale-ups selected to drive Europe's digital transformation for the benefit of European citizens and the economy.
Scale-ups from nine EU countries will compete in the EIT Digital Challenge 2017 for a EUR 100 000 prize package.
Winners will be awarded at final pitch events in Eindhoven, Berlin, Budapest, Madrid and Trento at the end of the year.
The EIT Digital Challenge will select the best scale-ups in five categories and award each of them with a EUR 100 000 prize package to accelerate their international growth. The prize includes a full year of dedicated support from the EIT Digital Accelerator and a cash prize of EUR 50 000.
The 25 scale-ups come from nine different European countries, with almost half of them having a female founder or co-founder. '[tweetable]We have selected the finalists very carefully with respect to technology sophistication, compelling business model and fast growth[/tweetable],' says Dominik Krabbe, EIT Digital Challenge Lead. 'We are impressed by the technologies and the teams. With a revenue of EUR 1.7 million in 2017, EUR 3 million raised, and 24 team members on average, they are not early stage start-ups anymore but serious businesses that are fast growing. Now we will identify the ones with the highest potential to become the next European success story, and help them scale up globally.' The five winning companies will join the EIT Digital Accelerator for a full year in order to grow their businesses in Europe and beyond.
A total of 136 tech companies from 20 EU countries had applied. The selected finalists will pitch their deep tech products in five categories at the following five final events:
- 28 November 2017 - Digital Cities - Trento (more information)
- 29 November 2017 - Digital Industry - Eindhoven ( more information)
- 30 November 2017 - Digital Wellbeing - Madrid (more information)
- 4 December 2017 - Digital Finance - Budapest (more information)
- 11 December 2017 - Digital Infrastructure - Berlin (more information)
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