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Women Tech Europe Support Scheme

Project description

Overcoming gender imbalances in European deep tech

The overarching goal of the EIC-funded Women TechEU project is to support women founders and entrepreneurs leading deep-tech start-ups from Europe to grow into tomorrow’s tech leaders and to put women at the forefront of deep tech in Europe. The project will select and empower 160 women-led deep-tech early-stage start-ups that will contribute to the green, digital and social transitions in line with the European objectives. The project is open to women entrepreneurs from all over the EU and countries associated with Horizon Europe who meet the eligibility criteria described in the call documents. With grant funding of EUR 75 000 (non-diluting finance) and a personalised business development programme, the project will pave the way for these innovators to shine as leaders in deep-tech innovation across Europe.

Objective

Entrepreneurship is crucial for economic growth and societal progress, yet women remain underrepresented in the field, accounting for less than a third of entrepreneurs in EU. This under-representation not only highlights inequality but also limits EU's potential to tackle pressing challenges, such as the digital, green, resilience transition, and recovery from the pandemic. Deep tech sectors are even less balanced, and investment for women-led companies remains less than 2% of the total
To address this gender gap, Women TechEU will bridge collaboration between the European Commission and pan-European deep tech women-led startups to create a more gender-balanced entrepreneurship ecosystem. Built on the exisisting foundations of the EIC Women TechEU initiative, our consortium will scale this iniatiative with a clear perspective towards long-term sustainability
We will invest 12M€ in equity-free grants to 160 women-led deep tech companies and additional support services in a programme enhancing current EIC BAS to which we will link
The consortium is comprised by partners covering all the expertise and geographies needed to reach over 15000 women entrepreneurs in deep tech from all over Europe. Led by EIT Manufacturing, it is strengthened with the participation of other KICs from EIT like Health, Food and Climate, leveraging the power of their network and landmark events. We also count with the expertise from Sploro in cascade funding programmes. Across Limits will guide the communication and dissemination activities as well as link in the service delivery with Awaken Hub, who will coordinate an effort to evaluate over 1500 experts in 4 different open calls. The consortium is complemented by major networks of investors and women entrepreneurs like EBAN, AFAEMME, or FI
Values and purpose driven we will search for sustainability and major impact of the initiative during the project and beyond even proposing a PPP structure to further exploit the project results.

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Keywords

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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-EIE-2023-CONNECT-01

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Coordinator

EIT MANUFACTURING WEST SL
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.

€ 12 570 780,14
Address
PALACIO MIRAMAR PASEO MIRACONCHA 48
20007 DONOSTIA SAN SEBASTIAN
Spain

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Region
Noreste País Vasco Gipuzkoa
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.

€ 12 733 280,14

Participants (12)

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