Bring your idea to the market!
Are you the next top innovation team offering radically sustainable products or services in the raw materials sector? Accelerate your solution to the market, apply for the RawMaterials Accelerator!
RawMaterials Accelerator comprises three phases (Explore, Build, Grow). There are stage gates between each of the phases, where start-ups need to be approved for entering the next phase. Each phase has specific objectives, process, funding and timeline. 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 is envisaged to increase the success rate and market opportunities of the selected start-ups.
Phase 3: Grow – Application is open
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
- expand the team
Phase 3 starts with a workshop to set tailored project plan for each team. It comprises goals and support actions, in order to develop the start-up’s activities in the next 9-12 months.
In addition to the continued support of a Business Development Manager from the local Innovation Hub, other support actions could be a user of the infrastructure of our partners for tests and pilot studies as well as further linking and introduction to EIT RawMaterials industry partners as validation partners and potential customers. These and similar types of activities are envisaged as a means to prepare the start-up for future investment rounds as well as providing the basis to scale their business.
Please note, Phase 3 is only open for teams that previously graduated form Phase 2 of the Accelerator programme. If you want to apply for Phase 3, please contact your Business Development Manager from EIT RawMaterials.