A smart device that manages your parking fees, wearables that improve the independence of older and disabled people, a tool that prevents you from accidently sending sensitive emails to the wrong people – these are just three out of 25 digital technologies that will compete in the EIT Digital Challenge finals. In essence, the EIT Digital Challenge aims to detect the best deep digital technology scaleups in Europe. These companies should be able to improve the lives of Europe’s citizens, but also strengthen the economy.
A total of 136 scaleups from 20 different countries had applied for the challenge in October. And as a result, 25 scaleups from 9 different countries will be competing in the EIT Digital Challenge 2017 for a prize package of €100.000. This prize will be awarded to five scaleups in total, each being part of a different category. These are Digital Cities, Digital Wellbeing, Digital Finance, Digital Industry and Digital Infrastructure. The prize includes a full year of dedicated support from the EIT Digital Accelerator and a cash prize of €50.000. Winning scaleups will most certainly be able to grow to international heights.