Site icon EY etventure

EuropeanPioneers fund 12 Start-ups with over 2 Million Euros

european-pioneers-fördern-12-startups-mit-über-2-millionen-euro

european-pioneers-fördern-12-startups-mit-über-2-millionen-euro

 

Berlin, 8th December 2014 – The founders of twelve start-ups from 10 European countries have gathered this morning in Berlin: Today marks the beginning of the 8 month period held by the EU accelerator EuropeanPioneers which is led by Berlin based company builder etventure. During the upcoming three “Welcome Days” the entrepreneurs and their teams will be given an introduction to Lean Start-up and design thinking methods. In addition, they will be introduced to their mentors whom will support them over this cycle. This mentorship includes concept and business model development, milestone planning, user testing, team building, marketing and finance.

Each company receives financial support of €50,000 – €250,000 depending on each project’s needs. A total of €2.2 million will be allocated to start-ups in the first round. Since the fund is from public money provided by the European Union, each start-up gets to keep its full shares rather than give up some for equity. The application round closed with a total of 265 applications from countries out of which only 23 were selected to pitch in front of a jury for the top 12 spots. Interested start-ups can apply in the second round which begins on 1st May 2015. The application can be found on www.europeanpioneers.eu.

In order to be eligible for the program applicants participating must be active in one of the following business areas: Smart City Services, Social Connected TV, Pervasive Gaming or E-learning. In addition, their projects have to use the technologies of the comprehensive software platform “FIWARE” which was developed as part of the European Union’s “Future Internet Public Private Partnership”.

 

EuropeanPioneers is a consortium of innovation experts from all over Europe, led by startup-builder etventure (Germany) in collaboration with the following partners: the Fraunhofer Institute for Intelligent Analysis and Information Systems IAIS (Germany), Weblify (Poland), Thoughtbox (Ireland) and F-Secure (Finland). EuropeanPioneers is one of 16 accelerators within the Future Internet Programme of the European Union “FIWARE ACCELERATOR PROGRAME” which will distribute a total of 80 million Euros to innovative companies.

 


 

Supported Start-ups by EuropeanPioneers:

E-Learning:

 

 

Gaming:

 

 

Smart City Services:

 

Social Connected TV:

 

Exit mobile version