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EIT Raw Materials Jumpstarter

EIT Raw Materials Jumpstarter

Do you have an innovative idea and want to jumpstart your business?

EIT Jumpstarter is a pre-accelerator program for innovators in the healthcare, agri-food, raw materials, energy, urban mobility and manufacturing industries.

EIT Jumpstarter is ideal for teams with innovative business idea, who want to jumpstart their company. With the contribution of best-in-class experts, creative community, unique know-how our aim is to support idea-holders to turn their ideas into business. We help them build a viable business model around their innovative product or service idea, validate it and if their business idea is proven to be sustainable, we encourage them to register their company.

We introduce teams to partners, investors, 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 important when they want to enter foreign markets.

Klímainnovációs Közösség supports EIT Food with startup recruitment in Hungary and entrepreneurship activities development. Let us know in email (startup@ppis.hu) if you are planning to apply to the programme, we will recommend you to EIT Raw Materials directly. Application deadline: 16th April (midnight).

 

Apply

 

Is it for me?

Are you part of a scientific project team, innovator, scientist, PhD or Master’s student with a product or service idea to disrupt the raw materials sector? Do you want to bring your idea out of the lab to the market? Then EIT Jumpstarter is ideal for you.

What will you learn?

During the eight months-long program, you will find and validate the best business model for your innovative idea. The courses build on the lean start-up methodology from the Silicon Valley translated to the European environment. You will learn about: how to refine your deal, market segmentation, customer value proposition, financials, investment basics, legal basics

To enter the competition, submit your idea of an innovative product or service that can make an impact in the raw materials sector. The winners will win a EUR 10 000 prize and will be involved in various events organised by the EIT RawMaterials, and have an opportunity to network with the world’s largest community in the raw materials sector!

The EIT Jumpstarter 2021 is divided into four phases:

  • Phase 1: Submission of ideas
    • To participate in the Competition, the applicants must present a brief description of their idea of the innovative product or service proposed, answering predetermined questions online. A template is available which includes the questions and guidelines. The applicants should put emphasis on: the innovative concept, competitive advantage, customers and potential market. Ideas submission deadline: 16 April 2021 at 23:59 CET.
    • The best ideas will be selected to go to the next phase.
  • Phase 2: Boot Camp and Coaching
    • The applicants selected in phase 1 will be invited to participate to a two-day bootcamp, where they will be trained on fundamental business skills (business modelling, pitching etc.). Bootcamps will be held online in June 2021. At the end of the Bootcamps EIT RawMaterials will evaluate the pitch decks and the pitches and based on those will invite the best 50% of the participants to continue in Phase 3.
  • Phase 3: Local Joint Trainings
    • The applicants that went through phase 2 and have succeeded in the final pitch of phase 2 will be invited to Local Joint Trainings in September 2021. Among the applicants to Phase 3, six finalists will be selected to go to the next phase.
  • Phase 4: Mentoring and Final Pitching
    • The invited finalists will have a chance to get further training and dedicated mentoring through the EIT RawMaterials Business Development Managers to compete at the Joint Grand Finals with other EIT Innovation Communities. The teams will pitch their idea in front of the Jury, composed of EIT RawMaterials team and partners. The top 3 winners will be selected from the Jury and awarded, the first prize is EUR 10,000.

Which topics are relevant?

EIT RawMaterials aims at supporting new solutions in the fields of exploration, mining, and processing of raw materials as well as their manufacturing into products, recycling, and integration into a Circular Economy (including design and manufacturing of tools and equipment, smart products and services, end-of-life product management).

Metals and minerals are the main target of the EIT RawMaterials innovation community. Bio-based materials (energy, agricultural, polymers) are excluded, if not considered for the potential substitution of critical, toxic mineral or metallic materials or for optimized performance.

More information about the programme can be found here

Klímainnovációs Közösség supports EIT Food with startup recruitment in Hungary and entrepreneurship activities development. Let us know in email (startup@ppis.hu) if you are planning to apply to the programme, we will recommend you to EIT Raw Materials directly. Application deadline: 16th April (midnight).

 

Apply

 

 

 

What start-up teams say about the EIT Jumpstarter program?

"The most important thing we got during the competition is valuable feedback on various aspects of our business and good connections to industry partners and general advice about how to start our business. EIT is down the right road to bring us up to par with innovation capitals like San Francisco." - Marious Chryssolouris, Freshstrips

“EIT RawMaterials’ financial support and business coaching have helped us develop our technology and company, growing from a group of scientists who had an idea, to an equity-invested company with a validated and piloted prototype of our product. We will definitely remain a part of EIT RawMaterials’ community in the future.” - Tuomo Nissinen