Periodic Reporting for period 2 - STARTUP3 (Supporting deep-tech based innovative market players to uptake opportunities, upgrade performance and upscale their business)
Período documentado: 2021-01-01 hasta 2021-12-31
For the EU deep-tech startup scene to grow sustainably and achieve its potential impact, access to real market problems and test beds is required. Driven by real market needs, the project has built and facilitated an open and collaborative ecosystem to facilitate high-impact deep-tech innovation, and has acted as a cross-border/sectoral market-maker, with the main following objectives:
• to generate, take up, and ensure market penetration of deep-tech solutions, by providing high value startups with the 3-phase acceleration programme “UPTAKE-UPGRADE-UPSCALE”. The programme consisted in key mentoring services in the form of trainings, workshops, coaching sessions, which targeted the shaping of solutions tackling tangible market needs and users' requirements, the improvement of key soft skills and the preparation to fundraising.
• to connect the innovators with major market players, potential clients, investors, technological partners, and other kinds of startups' support organisations or initiatives. The aim was to mobilise the Consortium’s different ecosystems to facilitate links among stakeholders and create synergies across Europe. The catalysation has been achieved through several Ecosystem Discovery Missions and a regular dialog among the STARTUP3 Hub stakeholders all along the acceleration programme, with numerous pitches and networking events, raising awareness of the benefits of deep-tech solutions, and stimulating their uptake.
Relevant stakeholders (corporations, investors, research centres and other startup supports) were also invited to contribute as mentors and evaluators to the startups' acceleration - becoming members of the STARTUP3 Corporate Pool - but also external experts who provided Trainings and Coachings - with the final aim to share peer-experience, build partnerships and refine the solutions hand in hand with potential users.
The STARTUP3 consortium is a fusion between geographically scattered clusters (POLE SCS, LITC, ITC) international innovation and tech-transfer specialists (INO and EKT), an SME focused on upscaling research and technology (AGENSO), and a startup studio (HOLA-UP).
To ensure the EU companies' competitiveness worldwide, deep-techs must be included in research and development strategies as they are the keys towards the development of disruptive innovations. STARTUP3 supported promising startups developping high value and cutting-edge solutions. What's more, their solutions are tackling several of today and tomorrow challenges: respect of the environment and a smart and responsible agriculture and consumption, the digitalisation of our industries, and last but not least in the curent context, advances in health and medtechs.
• to generate, take up, and ensure market penetration of deep-tech solutions, by providing high value startups with the 3-phase acceleration programme “UPTAKE-UPGRADE-UPSCALE”. The programme consisted in key mentoring services in the form of trainings, workshops, coaching sessions, which targeted the shaping of solutions tackling tangible market needs and users' requirements, the improvement of key soft skills and the preparation to fundraising.
• to connect the innovators with major market players, potential clients, investors, technological partners, and other kinds of startups' support organisations or initiatives. The aim was to mobilise the Consortium’s different ecosystems to facilitate links among stakeholders and create synergies across Europe. The catalysation has been achieved through several Ecosystem Discovery Missions and a regular dialog among the STARTUP3 Hub stakeholders all along the acceleration programme, with numerous pitches and networking events, raising awareness of the benefits of deep-tech solutions, and stimulating their uptake.
Relevant stakeholders (corporations, investors, research centres and other startup supports) were also invited to contribute as mentors and evaluators to the startups' acceleration - becoming members of the STARTUP3 Corporate Pool - but also external experts who provided Trainings and Coachings - with the final aim to share peer-experience, build partnerships and refine the solutions hand in hand with potential users.
The STARTUP3 consortium is a fusion between geographically scattered clusters (POLE SCS, LITC, ITC) international innovation and tech-transfer specialists (INO and EKT), an SME focused on upscaling research and technology (AGENSO), and a startup studio (HOLA-UP).
To ensure the EU companies' competitiveness worldwide, deep-techs must be included in research and development strategies as they are the keys towards the development of disruptive innovations. STARTUP3 supported promising startups developping high value and cutting-edge solutions. What's more, their solutions are tackling several of today and tomorrow challenges: respect of the environment and a smart and responsible agriculture and consumption, the digitalisation of our industries, and last but not least in the curent context, advances in health and medtechs.
From January 2020 until December 2021, the following results were achieved:
5 Top Deep-Tech startups were selected among 250 applicants through a 1-year acceleration funnel programme, from which benefited 25 startups in total. The Top5 startups completed the 3 phases of the programme, which made them have access among others to individualised coaching and prospection preparing them to fundraising and connecting them with potential investors, clients and partners.
In total, 75+ individual mentoring and coaching meetings, 60+ connection meetings, 60+ thematic workshops, 15+ training webinars, and 6 pitching events in front corporates and investors were provided during the acceleration programme thanks to STARTUP3 Founder Studio platform connecting the innovators, Corporate Pool, and mentors – who had a live-view of the startups’ evolution.
The STARTUP3 startups’ acceleration was supported by a Pool of 15+ Corporations, 6 Investors, and 15+ Support organisations – called the STARTUP3 Corporate Pool, who followed the startups’ development, and wer involved in their mentoring and selection. From the building of the ecosystem, the STARTUP3 Cooperation Platform was developed to facilitate the collaboration of the 305 STARTUP3 ecosystem players and ensure its continuity for future deep tech innovation opportunities.
5 Top Deep-Tech startups were selected among 250 applicants through a 1-year acceleration funnel programme, from which benefited 25 startups in total. The Top5 startups completed the 3 phases of the programme, which made them have access among others to individualised coaching and prospection preparing them to fundraising and connecting them with potential investors, clients and partners.
In total, 75+ individual mentoring and coaching meetings, 60+ connection meetings, 60+ thematic workshops, 15+ training webinars, and 6 pitching events in front corporates and investors were provided during the acceleration programme thanks to STARTUP3 Founder Studio platform connecting the innovators, Corporate Pool, and mentors – who had a live-view of the startups’ evolution.
The STARTUP3 startups’ acceleration was supported by a Pool of 15+ Corporations, 6 Investors, and 15+ Support organisations – called the STARTUP3 Corporate Pool, who followed the startups’ development, and wer involved in their mentoring and selection. From the building of the ecosystem, the STARTUP3 Cooperation Platform was developed to facilitate the collaboration of the 305 STARTUP3 ecosystem players and ensure its continuity for future deep tech innovation opportunities.
From the acceletator start until November 2021, 135 deals were established by the STARTUP3 startups, of which 65 with clients, 15+ with R&D partners, 15+ with accelerators, 10+ with public funding bodies, and 10+ with private investors. The STARTUP3 startups launched 19+ products in the market, and raised 2.61 million euro, of which almost 1 million private funding.
Success stories of the top STARTUP3 innovators were recorded and are available on the project website and youtube channel: https://startup3.eu/media/startup3-podcasts/
As regard socio-economic impacts, The STARTUP5 Top5 startups’ deep technologies are tackling key markets and answer diverse core fields of nowadays challenges, highly contributing to the building of a digital-autonomous Europe: AI for medtech, IoT and AI for sustainable food & environment, IoT for industry 4.0 VR for metaverse environment, Space and AI for safe smart building.
Success stories of the top STARTUP3 innovators were recorded and are available on the project website and youtube channel: https://startup3.eu/media/startup3-podcasts/
As regard socio-economic impacts, The STARTUP5 Top5 startups’ deep technologies are tackling key markets and answer diverse core fields of nowadays challenges, highly contributing to the building of a digital-autonomous Europe: AI for medtech, IoT and AI for sustainable food & environment, IoT for industry 4.0 VR for metaverse environment, Space and AI for safe smart building.