Do you have an innovative idea and want to jumpstart your business? - You will compete for the whopping first prize of up to €10,000 in nine categories.
EIT Jumpstarter helps innovators and entrepreneurs build a viable business model around their innovative product or service idea and validate it. The program has trained more than 750 Teams since 2017, and interest in our competition is growing. In 2019 EIT Jumpstarter won the Best Association Training Initiative Award of the European Association Awards.
For whom?
Are you part of a scientific project team, innovator, scientist, PhD student or master’s student with a product or service idea to disrupt the existing markets in healthcare, agri-food, raw materials, energy, urban mobility or manufacturing sectors? Do you want to bring your idea out of the lab to the market? Then EIT Jumpstarter is ideal for you.
While the aim of this program is to create a sustainable impact in the Central-Eastern and Southern-European Regions by boosting innovation and entrepreneurship within this part of Europe (RIS countries) this does not mean that Teams from Finland can not join the challenge. If you have one team member from one of the below listed RIS country (country of origin) your team is eligible to participate in Jumpstarter!
What do I get?
During the 8 months-long programme, you will find and validate the best business model for your innovative idea. The courses build on the lean start-up methodology from Silicon Valley translated to the European Environment. You will learn about: how to refine your deal, market segmentation, customer value proposition, market segmentation, financials, investment basics, legal basics
You will receive travel and accommodation support during the program, and the best teams in each category will have the chance to win a €10,000 money prize.
Graduates of the program possess the skills and knowledge to launch their companies. As part of the alumni community, they receive further support and dedicated advice from the EIT Communities regarding the next stage of their start-up journey. We introduce teams to partners, VCs, regulatory bodies and companies that can produce their products, their first buyer or a test site. They meet major innovation hubs in Europe, which is essential when they want to enter foreign markets.
Timeline:
- Deadline for submitting business ideas: 16 April
- Selection of ideas and invitation to the bootcamps: May
- Bootcamps will be held online in May-June
- Local joint training: July-September
- Grand Final: late November
Read more here!
