RIS Innovation Grants
Do you have an idea that could transform the food and agriculture sector? Apply for the Innovation Grants and receive up to 10,000 Euros of equity-free funding for your agri-food innovation.
EIT Food is on a mission to transform Europe’s food system – making it better for people’s health and for the environment. Working with entrepreneurs, innovators and students, EIT Food is changing the way we produce, process, distribute and consume food. The RIS Innovation Grants reward the best entrepreneurs and startups in Southern and Eastern Europe who have an early-stage business idea that can help EIT food in this mission.
There are 26 Innovation Grants to be awarded, 2 per each targeted country: Croatia, Czech Republic, Estonia, Hungary, Lithuania, Poland, Romania, Slovenia, Portugal, Spain, Turkey, Italy, Greece. The first prize is 10000 € and the second prize is 5000 €.
There are three stages to the Innovation Grants application:
1. Submit Idea on F6S – www.f6s.com/innovationgrants
Interested candidates must submit an application through F6S. The online application includes questions designed to verify your business model credibility, your understanding of the problem you are trying to tackle, and the quality of your business solution. Equally, the online application will question how you will spend the RIS Innovation Grant and how you will help transform the agri-food sector with your business, particularly in your local country.
Dates: 15th August 2018 – 30th September 2018
2. Application review
Your application will be scored by a panel of judges. The ten startups with the highest scores from each country will be invited to pitch at one of the 13 EIT Food Demo Days, one per identified RIS country.
Dates: 1-14th October 2018
3. EIT Food Demo Day
This will be an open start-up networking event, where selected applicants will present their idea in a form of 3 min pitch presentation + 2 min Q&A part in front of a selected jury who will pose questions and will rate your performance. There is one Demo Day per country. Please make sure that you can attend the Demo Day in your country. Details on when the Demo Days are can be found at www.f6s.com/innovationgrants.
Full terms and conditions of RIS Innovation Grants