Bring your idea to the market!

Are you the next top innovation team offering radically sustainable products or services in the raw materials sector? Bring your idea to the market and apply to the EIT RawMaterials Accelerator! The Accelerator aims to develop start-ups to rapidly become suppliers to, and perhaps future partners of, the EIT RawMaterials network. The programme comprises three phases – Explore, Build, Grow. Each phase has specific objectives, processes and funding schemes. The support provided consists of individual and group coaching, a grant as well as anchoring start-ups in their local and national ecosystems. At the same time we open up introductions to partners of the EIT RawMaterials Innovation Community on a pan-European level.

Application for Phase 2 is now open.

Phase 1: Explore

This call is for start-ups who consider that they already have an innovative offering (at TRL 4-6) – and who see an opportunity in rapidly developing this offering to the exploration, mining, mineral processing, metal and mineral, steel-making and recycling industries as well as suppliers of equipment and tools to these industries.

Phase 1 is about building proof of concept for the business model in the targeted raw materials market segments. It starts with ideas at TRL 4-6 and aims to find a market niche, to develop a financial model, and to build a business model. Selected start-ups will receive EUR 15 000 as funding to cover their costs for participating in Phase 1 of the RawMaterials Accelerator.

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

Phase 1 – Explore has a duration of around three months. It starts with a workshop, followed by bi-weekly calls with coaches. It ends with a graduation day at which the start-ups pitch their ideas. Graduation day is also the stage gate to Phase 2 of the Accelerator Programme.

Phase 2: Build – application is open

The purpose of Phase 2 is to validate customer needs and verify business assumptions. The offering provided by the selected start-ups should be at TRL 5-7 and CRL 5. Selected start-ups receive up to EUR 30 000 funding to cover the costs of participating in Phase 2.

Objectives of Phase 2:

  • validate customer needs, market size and beachhead market, identify regulations and other specific criteria for technical and market entrance
  • validate key value drivers, build a five-year financial forecast supporting/financing needs and strategy
  • complete a team supporting the next step

The RM Accelerator Phase 2 – Build programme duration is six months. It starts with a two-day workshop and continues with bi-weekly calls. The progress of the start-ups will be evaluated at a mid-assessment day and after three months to ensure they fulfil the criteria. A final assessment at the end of Phase 2 will be conducted as a stage gate to continue to Phase 3.

The application is open from 2 December 2021 until 2 February 2022, 23:59 CET.

Apply now

Phase 3: Grow

Phase 3 aims to get the business ready for launch. The offering of the start-ups should at the start be at a TRL 7-9 and heading for market entrance. Selected start-ups will receive up to EUR 45 000 as funding to support their participation in Phase 3.

Objectives of Phase 3:

  • move from early adopters to early majority market, start exploring follow-up markets
  • significant sales or financing deals
  • have a complete team, aligned to scale market entrances and sales
  • be a provider of new impact driven technology within the EIT RawMaterials value chain

The structure of Phase 3 is built on individual team support based on the teams’ needs and will include expert workshops, coaching calls and funding to support market entrance and/or growth and will run for a period of nine months for each team. 

Thematic scope

Europe is home to world-leading manufacturing industries, game-changing innovative technologies and an entrepreneurial infrastructure that can enable the transition to a resource-efficient, sustainable, society as envisioned in the Horizon Europe agenda. A sustainable supply of mineral resources (metals, construction material) is vital for the development of these core industrial activities and their long-term economic success.

RawMaterials Accelerator supports new businesses sharing our vision to develop raw materials into a major strength for Europe.

sun, wind turbine, green energy

Design of products and services for the circular economy

mobile phone

Substitution of critical and toxic materials in products and for optimised performance

battery

Recycling and material chain optimisation for End-of-Life products

mineral processing machine

Increased resource efficiency in mineral and metallurgical processes

mining truck

Mining in challenging environments

helicopter

Exploration and raw materials resource assessment

This is the best accelerator programme in Europe for deep tech start-ups. We have participated in four or five other programs in the U.S., Slovenia, Latvia and Germany, but EIT RawMaterials Accelerator programme is absolutely the best.
Maryna Petrychenko, 3D Strong
The support we received was crucial for us to create our company and to continue the development of our products because it’s very difficult in Europe to accede to seed capital in very early stages like ourselves.
Michel Loots, Value Ash
The most relevant support we received from EIT RawMaterials is so far the coaching. I’d say, the coaching and for me personally the challenges. Because I have to step out of my comfort zone a lot and I have to achieve things that sometimes I didn’t really imagine would be possible to do, but I got pushed into doing that anyway.
Nils Bågenholm, Mat4GreenTechnology
We are grateful that the EIT RawMaterials Accelerator program introduced us to a new network of companies, startups, and coaches, with whom we can expand our technology into raw materials and mining sectors.
Sadjad Mohammadian, ColFeroX
The Accelerator Programme provided us true support with the organisation and bi-monthly meetings. Thanks to the programme, we were able to shape our idea into a saleable solution. If you come from the scientific world, don’t hesitate to apply to their program and transform your genius idea into a commercial product.
Xavier Decamp, Metheore

RawMaterials Accelerator participants include: