• Posted 22-Feb-2022

EIT Digital launches 2022 edition of the Venture Programme

On February 18, marked the launch of the 2022 edition of the EIT Digital Venture Programme to support early-stage entrepreneurial teams in their journey to market.

Entrepreneurial teams from the Baltics, Eastern Europe and Southern Europe (see complete list here) with digital deep tech business plans are encouraged to apply by April 8.

This unique initiative offers an intensive eight-week pre-acceleration programme orchestrated by EIT Digital and executed by regional partners.

Selected teams will be coached, in particular, on how to develop their Minimum Viable Product (MVP), establish their startup company, and raise funds with investors.

At the final “Pitch Days”, teams 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.

In the past four years, the EIT Digital Venture Program has supported more than 93 teams and over 200 entrepreneurs in an early stage of their development. Many of these teams have attracted investors during or shortly after the pre-acceleration programme. For example, in the 2021 edition, Polish remote health monitoring startup Horsano raised funding immediately at the end of the programme.

Lithuanian startup Revolab is another impressive success story. A graduate of the 2020 edition of the Venture Programme, in a record time of one year, Revolab came from inception to closing a pre-seed round, signing large pre-order deals, getting CE and FDA clearance, and expanding to the US.

With the 2022 edition of its Venture Programme, EIT Digital is looking forward to supporting the next batch of talented teams from these regions in their entrepreneurial journey to market: Bulgaria, Croatia, Cyprus, Czech Republic, Estonia, North Macedonia, Greece, Malta, Montenegro, Latvia, Lithuania, Poland, Portugal, Serbia, Slovakia, Slovenia, Romania, Ukraine, Turkey.  

For more information and to apply, visit www.eitdigital.eu/venture-program.

Source: EIT Digital I News (https://bit.ly/3BE6X17)