EIT RawMaterials - Start-up and SME - Apply for the 2nd Cut- off of the Booster Call by 30 September 2024

Deadline: September 30, 2024

Competitions

Business Plan Creative Ideas Grant

Location(s)

  • Belgium
  • Finland
  • France
  • Italy
  • Online
  • Poland
  • Sweden

Overview

Does your Start-up, Scale-up or SME offer sustainable solutions for the raw materials sector? Apply to the Booster Call to get financial support of up to EUR 500 000 and access to the EIT RawMaterials value added services to grow jointly until your exit.

Details

Minerals, metals, and advanced materials are the foundation of the global energy revolution and the realisation of the European Green Deal’s ambitious objectives. But Europe’s limited domestic supply of critical raw materials and heavy reliance on imports from only a few supplier countries poses significant risks amid escalating geopolitical tensions.

EIT RawMaterials is dedicated to ensuring this sustainable supply by sparking innovation, advancing education, and fostering entrepreneurship. As the demand for cutting-edge raw materials solutions grows, EIT RawMaterials leads by example, identifying and empowering companies that are revolutionising the sector with breakthrough technologies and sustainable practices.

Through our Booster Call, we invite visionary founders to join our movement. We’re propelling early-stage startups to market breakthroughs and aiding more advanced enterprises in reaching vital milestones.

Opportunity is About


Eligibility

Candidates should be from:


Description of Ideal Candidate

Who can apply?

EIT RawMaterials is inviting start-ups, scale-ups and SMEs that:

  1. Are a registered legal entity in one of the EU member countries or Countries Associated to Horizon Europe (at least at the time of application).
  2. Have an innovation relevant to the market of one of the raw materials’ Innovation Themes.
  3. Have a strong founding/management team and 100% devoted time to the company for the next 5+ years.
  4. Have a customer validated product/service at minimum TRL4 with a proven market need.
  5. Have an average time to market and to revenues of 2-3 years.
  6. Address a sizable/scalable market with high growth potential.
  7. Demonstrate ease in collaboration and are enthusiastic about developing a stable, long-lasting relation with EIT RawMaterials.
  8. Are in search of additional value-added services and financing advisory services support.
  9. Are looking for equity partners.
  10.  Propose projects with duration between 6-18 months (exceptions may apply upon rational milestone and budget planning).

Dates

Deadline: September 30, 2024


Cost/funding for participants

What you will get

We're offering investments of up to €500,000 in funding and provide comprehensive value-added services, all aimed at delivering a lasting, sustainable impact on the raw materials value chain

EIT RawMaterials is an impact investor and a unique global raw materials ecosystem, offering full-spectrum support from the earliest stages to Series A funding. Partnering with EIT RawMaterials presents an exceptional opportunity for start-ups, scale-ups and SMEs to scale their company towards global success. We pledge tailored support to the most promising ventures, combining funding and expert services to enhance business growth and scalability

Besides funding and customised services, the selected start-ups and SMEs will also join the EIT RawMaterials partner network to participate in our networking events and gain visibility through EIT RawMaterials network channels.

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