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X2.0 - Driving deeptech growth

Project description

Supporting and scaling up deep-tech startups

More than 150 deep-tech startups across Europe were connected with investors and ecosystem builders by the X-Europe acceleration programme. Now the EU-funded X2.0 project will build on X-Europe. It will generate a next-generation coordination action mechanism by leveraging its established ecosystem. It will upskill and upscale Europe’s future deep-tech leaders and connect and nurture relationships between moderately and highly innovative regions. The project will also finance the innovation and scaling up services for 50 deep-tech startups to increase their individual capacities and enhance their long-term competitiveness. By establishing an X2.0 Impact Hub of 350 validated impact builders (external service providers), the project will deliver cross-border services and 75 corporations seeking partnerships with startups.

Objective

The X2.0 is a sustainable legacy project of X-Europe (ICT-33-2019), and aims to leverage its predecessors' established ecosystem, network, proven innovation action/Startup Europe methodology, and learnings, to generate a next-gen coordination action mechanism. X2.0 project establishes a framework anchored by external service providers, also known in this proposal as industry impact builders. The framework will deliver a trifecta of key impact drivers, namely i) upskill and upscale the future deeptech leaders of Europe, ii) connect and nurture relationships between moderately innovative and highly innovative regions, and iii) reinforce and contribute to the EIC offer. The X2.0 will upskill its beneficiaries by providing need-based, custom, industry-focused growth services, corporate-startup opportunities and pathways to private and public funding. The project will distribute €1.5M in innovation and scaling up services to 50 deep-tech startups to increase their individual capacities and enhance their long-term competitiveness. The project will establish an X2.0 Impact Hub of 350 validated impact builders (external service providers) able to deliver cross-border services and 75 corporations seeking partnerships with startups. Finally, the project will close with a white paper providing insights into the EU deeptech scene. The project will run for 24 months establishing a sustainable collaborative ecosystem across the EU and increasing the delivery of deeptech products to market.

Fields of science (EuroSciVoc)

CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: https://op.europa.eu/en/web/eu-vocabularies/euroscivoc.

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Keywords

Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)

Programme(s)

Multi-annual funding programmes that define the EU’s priorities for research and innovation.

Topic(s)

Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.

Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

HORIZON-CSA - HORIZON Coordination and Support Actions

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Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) HORIZON-EIC-2021-STARTUPEU-01

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Coordinator

F6S NETWORK IRELAND LIMITED
Net EU contribution

Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.

€ 1 700 275,00
Address
WORK HUB 77 CAMDEN STREET
D02 XE80 LOWER DUBLIN
Ireland

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SME

The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.

Yes
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
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Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

€ 1 700 275,00

Participants (2)

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