The Women TechEU consortium is excited to announce the launch of second call for applications to support women leading deep tech startups from Europe to grow into tomorrow’s tech leaders.
This project is a continuation of the Women TechEU scheme that was managed before by the EISMEA (European Innovation Council and SMEs Executive Agency) during 2021 and 2022, and it has now become a fully-fledged cascade funding project that is run by an EU wide consortium made up of different innovation ecosystem players, representatives of women entrepreneurs and also investors.
During 2 years the project will give out a total of 12 M€ in non-diluting finance over 4 different competitive calls. Each cohort of successful entrepreneurs will then be also invited to use the menu of business development services that will be provided over a period of 6 months.
ELIGIBILITY CRITERIA
- Women TechEU targets women-led early-stage deep tech start-ups.
- Established country: the applicant must be established in an EU Member State or Horizon Europe Associated Country Early-stage start-up:
- The legal entity should be established at least six months prior to the deadline of the submission date.
- Early-stage start-up: Early-stage refers to the phase of start-up development generally preceding the rapid growth phase. As an indication, the following criteria will be considered, amongst other to define an early-stage start-up:
- Start-ups that have been established and operating for not more than 8 years counting backwards from submission date.
- Start-ups that have raised limited funding (up to 1 M € in equity).
- Before reaching a high fidelity Minimum Viable Product.
- Women leadership: Women legally recognized as founders or co-founder of the company. The founder or co-founder of the company must also currently hold a top management position (CEO, CTO, CSO or equivalent) within the same company. It will be also required that women hold at least 25% of the shares in the CAP table (capitalization table) of the company.
- Deep tech: Deep tech innovation aims to provide concrete solutions to societal problems by finding its source in a deep interaction with the most recent scientific and technological advances and by seeking to produce a profound impact in the targeted application areas.
- Established country: the applicant must be established in an EU Member State or Horizon Europe Associated Country Early-stage start-up:
HOW TO APPLY;,
Visit Women TechEU.
DEADLINE: 30 September 2024
