EIT Manufacturing Accelerate

Description

EIT Manufacturing is supported by the European Institute of Innovation and Technology (EIT), a body of the European Union, and it is one of eight innovation communities within EIT. EIT Manufacturing’s main goal is to bring European stakeholders focused on manufacturing together in innovation ecosystems that add unique value to European products, processes, and services and inspire the creation of globally competitive and sustainable manufacturing. The EIT Manufacturing Accelerate programme has a primary objective to support, scale and accelerate industry start-ups and scale-ups into impactful players in the European manufacturing ecosystem. Accelerate programme supports and grants financing to start-ups and scale-ups with innovative solutions and technologies, that address critical challenges in the manufacturing sector, and are helping the European manufacturing sector to become more efficient, resilient, green, and globally competitive. EIT Manufacturing aims to build European industry start-ups that show high growth and impact and addresses all range of technologies and business models, incremental improvement, and disruption. Furthermore, EIT Manufacturing encourages inclusive and gender-balanced teams to apply for this funding.

Beneficiary & submission

The applicants can submit a proposal through the following website: https://www.eitmanufacturing.eu/calls/accelerate-2024/ The submitted proposals will be checked against the eligibility and admissibility criteria. Admissible and eligible proposals will be evaluated by independent external experts to assess the proposal according to the criteria in the Guidelines. The proposals that will pass threshold, will be invited to a Due Diligence, where the EIT Manufacturing Investment team requests supporting documentation from the applicants, and based on the provided documents, the EIT Manufacturing team will produce a Due Diligence Report and provide it to the Investment Committee. The proposals that finish the Due Diligence process, will be invited to an online live pitch by the Investment Committee, which will then evaluate the proposals based on the criteria included in the Call Guidelines. During the final phase of the evaluation procedure, the Investment Committee will evaluate the proposals against strategic factors, such as Strategic Fit and Portfolio Fit. Each applicant will receive an email notification or message through the submission platform with the results of the evaluation in each stage.

Further information

For further information about EIT Manufacturing please visit the following website: https://www.eitmanufacturing.eu/what-we-do/ Email address for questions and helpdesk: investments@eitmanufacturing.eu