EIT Food Accelerator Network (FAN)
The goal is to create a collaborative academic & corporate accelerator program across 4 innovation hubs to accelerate the business impact of food research and invention. EIT FAN (Food Accelerator Network) will operate in UK, CH, IL and DE. Application and selection are managed on the proven platform of MassChallenge (as already in UK, CH and IL). Structured 4 month programs with expert coaching from EIT partner companies, VCs, investors, experienced entrepreneurs and mentors, combined with expertise elements of all partner involved e.g.TUM, Strauss/The Kitchen, Technion, MassChallenge.Startups going through the selection process can compete for 3 EIT innovation grants of EUR 60k each. Graduates of the EIT FAN will become eligible to become members of the RisingFoodStars club and become part of the EIT ecosystem and contribute to EIT Food’s innovation strategy. In 2018, the accelerator network will support 40 start-ups and the concept can be further scaled thereafter.