EIT Raw Materials: Pan-European start-up accelerator programme

DESCRIZIONE

EIT RawMaterials Accelerator programme provides tailored support for start-ups to fast-track their business.

The support provided in each phase consists of both group work, individual coaching as well as anchoring start-ups in their local and national ecosystems while at the same time opening up introductions on a Pan-European level to partners of the EIT RawMaterials Innovation Community. The combination of local anchoring and Pan-European opportunities are envisaged to increase the success rate and market opportunities of the selected start-ups.

The call is open for start-ups that already have an innovative offering (at TRL 4-6) and see an opportunity in rapidly developing this offering in the raw materials sector: from exploration, mining and mineral processing, to recycling, substitution and circular economy.

• Phase 1 – Invent: 3 months of expert business coaching with a focus on building a proof of concept for your business model and discovering your market niche
• Phase 2 – Build: 6 months, supports your validation of customer needs and verification of business assumptions while identifying criteria for market entry
• Phase 3 – Grow: 6-9 months, tailors your business for launch through market entry, raising financing and expansion of your team

Objectives for Phase 1

• Identify beachhead market, market size, customer pain
• Identify key value drivers, good margin/product and margin/year, estimate financial needs
• Compose a founding team, identify roles and coming needs for the team.

BENEFICIARI E FINALITA’

INCENTIVI E SPESE

Phase 1 – Selected start-ups will receive €15 000 as funding to cover their costs for participating in Phase 1 of the RM Accelerator.

Investimento minimo

€ 0

Investimento massimo

€ 0

TEMPISTICA INVESTIMENTO

Application deadline: Thursday, 3 September 2020