250,000 euro prizes for startups: EIT Digital Challenge.

EIT Digital Challenge is a competition aimed at European companies dealing with advanced digital technologies. Fast-growing startups that already have their clients – the so-called scaleups – we invite you to take part in the competition in one of five thematic areas: Digital Tech, Digital Cities, Digital Industry, Digital Wellbeing and Digital Finance. The top three companies will receive prizes totaling € 250,000. The application deadline is May 10, 2021.

From among all candidates, the organizers will select 20 companies that will be invited to presentations to a jury of corporations and investors. After this stage, 3 winners will be selected: one winner and two runners-up. All winners will receive a year-round and tailored support from the EIT Digital Accelerator worth EUR 50,000. In addition, the winner will receive a cash prize of € 100,000. ‘

The competition focuses on deep tech companies, broadly defined as technology companies, with a diverse product offering and using specialized technology that is often protected or difficult to reproduce.

Awarding the EIT Digital Challenge award is an important milestone for scaleups that have real opportunities for development and international expansion.

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