The EIT Digital Venture Programme aided 200+ entrepreneurs and 124 start-ups, some with rapid investments and impressive client signings.
Launched six years ago, it supports early-stage entrepreneurial teams from the Baltics, Eastern, and Southern Europe on their journey to market. And the programme keeps growing! The 2023 edition will also be open to teams based in Italy, Spain and Hungary. With the addition of these three major markets, the EIT Digital Venture Programme is now accepting applications from residents of 22 European countries (see complete list here). Selected teams will be offered an intensive eight-week pre-acceleration programme: they will be coached, in particular, on how to develop their Minimum Viable Product (MVP), establish their start-up company, and raise funds with investors.
At the final “Pitch Days”, teams will get the chance to validate their business solution by presenting it in front of early-stage investors, potential clients, and experts from the tech community. All teams will receive an initial EUR 5 000 support, to which EUR 10 000 will be added for those who complete the programme and incorporate their start-up. Finally, the first ten ventures to raise at least EUR 50 000 in funding from private investors by the end of November will be entitled to an additional prize of EUR 10 000, bringing EIT Digital’s total support to EUR 25 000.
In its 6th edition, the EIT Digital Venture Programme is a proven opportunity for early-stage entrepreneurial teams to establish their deep tech venture and join Europe's largest digital innovation ecosystem. I am excited to see where this next generation of entrepreneurs takes us, with the support and resources they will receive.
Mirko Tadić, Lead of the EIT Digital Venture Programme
In Italy, Spain and Hungary, the Venture Programme will be executed with the support of Universidad Politécnica de Madrid (Spain), Dock3 (Italy) and Lunar (Hungary), which join a pre-existing group of seven regional partners: Found.ation (Greece), Techcelerator (Romania), KTP (Poland), JIC (Czechia and Slovakia), BGI (Portugal), University of Ljubljana (Slovenia) and LIC (Lithuania).