BoostUp! 2022: EIT Manufacturing’s annual pan-European competition for startups opens for applications

Source: press release, 13 June 2022

Startups working to move European manufacturing into the future can join a pitch competition to meet industry leaders, woo investors and battle for cash prizes in EIT Manufacturing’s BoostUp! 2022 competition. The competition Grand Final will be held in Athens, Greece
Startups working to move European manufacturing into the future can join a pitch competition to meet industry leaders, woo investors and battle for cash prizes in EIT Manufacturing’s BoostUp! 2022 competition. The competition Grand Final will be held in Athens, Greece (illustration: EIT Manufacturing)

EIT Manufacturing, a manufacturing-focused Knowledge and Innovation Community within the European Institute of Innovation and Technology (EIT), a body of the European Union, is inviting start-ups to apply for the BoostUp! 2022 competition, which opened for applications 13 June 2022.

The competition is open to start-ups that have shown the usefulness of their solution through cooperation with a large manufacturing corporation, either by means of a pilot or a proof-of-concept project to demonstrate the validity of their idea. The competition specifically targets start-ups with solutions that fall within one of EIT Manufacturing’s flagships:

  • Flexible production systems for competitive manufacturing.
  • Low environmental footprint systems and circular economy for green manufacturing.
  • Digital and collaborative solutions for innovative manufacturing ecosystems.
  • Human-machine co-working for socially sustainable manufacturing.

Twenty finalists will be invited to the BoostUp! 2022 Grand Final on 7 October 2022 to showcase their pilot or proof-of-concept and compete for cash prizes and support services. Up to eight start-ups will be awarded a EUR 20,000 cash prize and a package of services to support them in fundraising and accessing the new market and fundraising markets. There will also be EUR 5,000 cash prizes for the top-ranked start-up from a Regional Innovation Scheme country and the top ranked female-led start-up.

Taking place in Athens, Greece the BoostUp! 2022 Grand Final will culminate with an exclusive networking and matchmaking soiree where start-up finalists will be able to meet international experts, corporate manufacturing executives, and investors.

BoostUp! 2022 is the fifth edition of the BoostUp! series. Previous editions have resulted in several dozen start-ups being supported directly by EIT Manufacturing with new client introductions, assistance with fundraising, and, in some cases, direct financial investment from EIT Manufacturing.

“BoostUp! 2022 is an exciting competition that gives a boost of public exposure to startups, including those that have not been on EIT Manufacturing’s radar,” says Kaitlin McGovern, Senior Program Manager at EIT Manufacturing. “The objective is to showcase and reward the next generation of European manufacturing innovators and help them scale faster and further.”

Get full details and apply at this link until 31 July 2022, 23:59 CEST