Start-ups from countries with moderately developed innovation capacity compete for support to convert healthcare ideas into viable enterprises.
This competitive programme for EIT Regional Innovation Scheme (RIS) countries is designed to help your start-up validate the need for your healthcare innovation, attract investors and shorten the time it takes to get your ideas to market.
During a funded four-month training process, you will learn from experts, gain insights on your innovation through interviews with potential customers, investors and partners – and make valuable connections. At the end of the programme, you can earn the opportunity to compete for recognition and additional funding in a pitch contest.
How it works
Application: Your application for the programme will be judged based on: how well-defined your prototype or minimum viable product is, your value proposition, the novelty and feasibility of your approach, the potential market impact of your innovation, the potential impact in the InnoStars region, your team and your fit with EIT Health’s strategic objectives.
Training and mentoring: If you are among the 15 applications accepted, your team will receive €25,000 to cover four months of training and mentoring, which includes additional training sessions provided from two different European locations. You will also have the opportunity to gain further support and invaluable investor connections through EIT Health’s world-class network.
Pitch contest: After training, the ten teams with the best business plans will be selected for the pitch contest. You could have the chance to pitch your innovations to an international jury of healthcare professionals, representatives of EIT Health, industrial partners and market experts. Along with gaining recognition for your idea, you could win up to €25,000 in additional support for the launch of your product or service.
Who should apply
The programme is for micro- and small enterprises, spin-offs and start-ups that already have a prototype or minimum viable product but do not yet have a product or service in the market.
You must be able to participate in English, have an established legal entity and reside in one of these countries: Albania, Bosnia and Herzegovina, Croatia, Czech Republic, Estonia, Greece, Hungary, Italy, Latvia, Lithuania, North Macedonia, Montenegro, Poland, Portugal, Romania, Serbia, Slovakia, Slovenia and Spain.
Application period: 15 January – 27 March at 23:59 CET
- 15 May 2021: phone interviews with top 15 candidates
- 20 May 2021: 15 participants announced
- 30 September 2021: participants submit business plan
- 15 October 2021: top ten finalists announced
- October / November 2021: Grand Final pitching contest with top ten finalists
Programme location: Online
Programme cost: Free of charge
Apply here by 27 March 2021.