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Elevating European digital innovator and venture ecosystems through integrated access to market expertise, co-investments and services in support of the EU digital policy priorities

Project description

EIT Digital – EIC collaboration pilot

EIT Digital is the largest digital innovation ecosystem in Europe, delivering on digital entrepreneurship, innovations, talents and skills. Its programmes are aimed at building a strong digital Europe by supporting deep-tech venture building and scaling. The European Innovation Council (EIC) supports top-class innovators, start-ups, small companies and researchers with radical ideas that are highly risky but potentially can expand internationally. The EU-funded EIT Digital - EIC Collaboration Pilot project aims to test collaboration mechanisms between EIT Digital and EIC with a long-term goal to build a structural collaboration. Through the project, EIC beneficiaries and Seal of Excellence recipients will benefit from the EIT Digital Accelerator and Factory programmes.

Objective

By building on the recommendations of the working group between EIC and EIT boards, the LoI between the 1st wave EIT KICs and EIC and the MoU between EIT and EIC, this proposed initiative aims at piloting mechanisms by which the most innovative businesses stemming from EIT Digital can be channeled to the Enhanced EIC Pilot, creating a pipeline of impactful innovations. In addition, the action will allow EIC-funded innovators to benefit from the support of the EIT Digital Accelerator and Innovation Factory. The collaboration will be along the following lines: 1. EIT Digital Accelerator: (i) EIC Accelerator scaleup systematic access to the EIT Digital Accelerator: base fee (50k) will be 100% discounted for selected EIC Accelerator-funded scaleups signing up during the pilot. This will guarantee scaleups having received EIC Accelerator funding, carefully selected by EIC based on excellence and growth potential (Seal of Excellence), to further grow with the support of EIT Digital and its network of corporates and investors. (ii) EIC investment in scaleups selected and coached by EIT Digital Accelerator would guarantee an intake of DeepTech scaleups with high-growth potential to the EIC and link them to a strong ecosystem of complementary investors. 2. EIT Digital Innovation Factory: (i) EIC grants and investments in ventures and activities of the EIT Digital Innovation Factory would further support innovative startups, maximize the outcome of EIT Digital and its strong partner ecosystem and ultimately build a strong portfolio of European centaurs and unicorns; (ii) Channel EIC Pathfinder innovators to EIT Digital Innovation Factory to create and validate strong business plans and build ventures to bring their solutions to the market. This will allow to build and grow European DeepTech ventures and help them succeed in the market. The ultimate goal of the collaboration will be to enhance European support to innovators in alignment with EC's priorities.

Fields of science (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.

CSA - Coordination and support action

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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) H2020-IBA-EIC-DIGITAL-2020

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Coordinator

28Digital
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.

€ 616 875,00
Address
GUIMARDSTRAAT 7
1040 Bruxelles / Brussel
Belgium

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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
Region
Région de Bruxelles-Capitale/Brussels Hoofdstedelijk Gewest Région de Bruxelles-Capitale/ Brussels Hoofdstedelijk Gewest Arr. de Bruxelles-Capitale/Arr. Brussel-Hoofdstad
Activity type
Other
Links
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.

€ 1 000 000,00

Participants (2)

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