EIT Jumpstarter supports innovators based in Central-Eastern and Southern Europe working in healthcare, agri-food, raw materials, energy, urban mobility and manufacturing industries
EIT Jumpstarter is a pre-accelerator programme led by EIT Health and involving other EIT Knowledge and Innovation Communities (KICs) with the goal of boosting innovation and entrepreneurship in Central-Eastern and Southern Europe. The programme seeks to validate innovative solutions and connect innovations to the demands articulated by industry stakeholders.
Innovators are coached by world-leading experts to help turn their ideas into businesses. Through a training and pitch contest process, participants build and validate viable business models around their ideas for products or services.
Is it for me?
The programme targets scientific project teams, innovators, scientists, PhD students or Master’s students in healthcare, agri-food, raw materials, sustainable energy, urban mobility and manufacturing.
Eligible applicants must come from one of the following countries: Albania, Armenia, Bosnia and Herzegovina, Bulgaria, Croatia, Cyprus, Czech Republic, Estonia, Faroe Islands, Former Yugoslav Republic of Macedonia, Georgia, Greece, Hungary, Italy, Latvia, Lithuania, Malta, Moldova, Montenegro, Poland, Portugal, Romania, Serbia, Slovakia, Slovenia, Spain, Turkey and the Ukraine.
The journey begins with the application process, which closes on 15 March 2020. Participants are put through their paces with the following activities:
Bootcamps and coaching
The aim of this two-day training bootcamp is to help participants:
- develop a business case for an entrepreneurial idea
- pitch a business case to attract investor funding
Bootcamps will take place in various locations from April to May 2020 but applicants need attend only one bootcamp. At the end of the two days, teams will pitch their business ideas to camera, which will be judged by EIT Health’s Evaluation Committee.
Based on the pitches, EIT Health’s Evaluation Committee will select the best 15 teams and invite them to attend local training sessions from September to October 2020. Training sessions focus on business model canvas, the competitive landscape, go-to-market strategy and the creation of a roadmap. At the end of this education phase, the best six teams will be invited to deliver a pitch at the EIT Joint Grand Final.
Final pitching and awards ceremony
The finalists will pitch before a jury at a competition organised by all six participating EIT KICs in November 2020 and awarded cash prizes (first prize is €10,000, second prize is €7,000, third prize is €5,000, and there will be two special prizes of €5,000).
- Application period: 16 December 2019 – 15 March 2020
- Bootcamps: April – May 2020
- Education phase: September – October 2020
- Final pitching: November 2020
The application process
Apply by 15 March through the Jumpstarter registration page.
Applicants should put an emphasis on their innovative concept, competitive advantage, target customers and potential market. Applications can be submitted once to only one KIC, and under the most appropriate thematic field.