The EIT Food Accelerator Network (EIT FAN) has launched a new acceleration program for high impact agri-food startups. Each year, 40 startups will be selected to join the four-month program with expert coaching and equity free cash prizes of worth EUR 180’000 for top three start-ups. Registration is now open.
Organised by EIT Food (European Institute of Innovation & Technology), EIT FAN is a multi-location accelerator program delivered across Europe, to support high impact food-space start-ups to maximise their success. The initiative will support up to 40 startups each year. The first call for applications is now open.
Over a 4 month acceleration period, selected start-ups will get access to technology, pilot sites and international markets, coaching and mentorship by leading food sector players and world renowned academics with specialised knowledge and skills to develop food sector innovation expertise. A broad entrepreneurship curriculum and a food focused syllabus to equip them with the knowledge they need to succeed is also offered. At the end of the program, the best three start-ups from all locations (Germany, Switzerland, Israel and the United Kingdom) will be awarded €180,000 in equity-free cash prizes.
The EIT Food Accelerator Network has partnered with MassChallenge – a global non-profit start-up accelerator and competition with a focus on early-stage entrepreneurs – to leverage their experience helping high-impact start-ups succeed. Applications can be submitted through MassChallenge. Early bird deadline closes on March 1st.
About EIT
European Institute of Innovation and Technology (EIT) Food is a pan-European consortium that focuses on entrepreneurship and innovation in the food sector. EIT Food is part of the EIT, which was set up to transform the food ecosystem. By connecting consumers with businesses, start-ups, researchers and students from around Europe, EIT Food supports innovative and economically sustainable initiatives which improve health, provide access to quality food, and the environment. The members of the EIT Food community are world-class players in the international food domain: over 50 partners from leading businesses, research centers and universities across 13 countries. EIT Food is structured around five regional innovation hubs, each covering several EIT Food partners and partner countries.
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