20 young deep-tech companies in the final of the EIT Digital Challenge 2021 - also four German companies among the finalists. 20 young companies from 10 countries compete in the finals of Europe's most important competition for digital scale-ups with prizes as international growth promotions totaling € 250.
From a solution for digital audits of food supply chains to an AI-supported platform for improving organ transplants - this year's 20 finalists of the EIT Digital Challenge once again cover a wide range of topics within the EIT Digital focus areas of Digital Tech, Digital Wellbeing, Digital Cities, Digital Industry and Digital Finance. And they all have a common goal: to grow quickly and contribute to the construction of an inclusive, fair and sustainable digital Europe.
EIT Digital Challenge the 8th
The EIT Digital Challenge, which is taking place for the eighth time in a row, honors young companies that are driving digital change in Europe with their different product offerings for sophisticated, hard-to-reproduce digital technologies. The winners will be chosen in an online final on September 21st. At the event, the finalists compete in front of a jury of experts for prizes with a total value of € 250.000.
Winners will be chosen online on September 21, 2021
The prize package for the three winning companies includes one year of support from the EIT Digital Accelerator worth 50.000 euros each. The EIT Digital Accelerator Program supports the winners of the Challenge in expanding their business in Europe, for example by helping them to win international customers in the target markets or to obtain new growth financing. In addition, the winner of the first place will receive prize money of € 100.000.
20 finalists selected from 409 applicants
The finalists of the EIT Digital Challenge 2021 were selected from 409 applicants and come from 10 different European countries. In 2020 they had an average turnover of € 1 million, in addition to € 4 million in financing capital, and employed an average of 27 people. A great sign is that 45% of the finalists have women as founders or executives at C-level. Four companies from Germany are among the finalists: ParkHere, Nect, Vuframe and COMPREDICT.
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About EIT Digital
EIT Digital is a leading European digital innovation and entrepreneurship education organization that supports the creation of a strong digital Europe. EIT Digital focuses on building and scaling companies as well as supporting and training talent in order to equip them with digital as well as entrepreneurial skills. It does this by mobilizing a pan-European ecosystem of over 300 top European companies, SMEs, start-ups, universities and research institutes. As the knowledge and innovation community of the European Institute for Innovation and Technology, EIT Digital is focused on entrepreneurship and is at the forefront of integrating education, research and business by bringing together students, researchers, engineers, business developers and entrepreneurs.