EIT Food Innovation Prizes

WHAT?

EIT Food Innovation Prizes is a business creation activity in the framework of EIT Food RIS. Prizes are awarded to support the commercialization of novel products, services or business models which make the agri-food sector more innovative, especially at the local level.

The program provides to the startups a Innovation prize Demoday where 8 finalists pitch their innovation, and a Final European Competition for the winners in each country.

WHY?

In the Demo Day in Portugal you can win the following prizes:
1º Prize: 5.000€
2º Prize: 3.000€
3º Prize: 1.000€
The 1º Prize from all 17 countries will be invited for a hands-on Bootcamp training taking place in mid-October 2020 and will participate in the Grand Final of the Innovation Prizes.The startups will be asked to give a 5 min pitch presentation + 5 min Q&A part in front of a selected jury.The 1º Prize winner will compete in the Grand Final in November 2020 for:
1º Prize: 25.000€
2º Prize: 15.000€
3º Prize: 10.000€
1º Prize: 5.000€
2º Prize: 3.000€
3º Prize: 1.000€
The 1º Prize from all 17 countries will be invited for a hands-on Bootcamp training taking place in mid-October 2020 and will participate in the Grand Final of the Innovation Prizes.The startups will be asked to give a 5 min pitch presentation + 5 min Q&A part in front of a selected jury.
The 1º Prize winner will compete in the Grand Final in November 2020for
1º Prize: 25.000€
2º Prize: 15.000€
3º Prize: 10.000€

WHO?
  • Any resident, citizen or legal entity based in Europe or EIT Food associated countries

  • To be considered eligible for the Regional Innovation Scheme (RIS) competition, the applicant must be a citizen and/or residents of: Portugal.

  • Applicants cannot have received 60.000€ or more of funding in total from EIT Food.

  • Application must be submitted in English.

  • Only candidates who submit a complete application, answer all the questions in the online application step will be evaluated by the second stage of the competition - the live Demo Day.

WHEN?

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