A new programme has been launched offering the chance for agritech startups to access funding of up to €30k to develop their ideas.
EIT Food Seedbed is a Pre-accelerator programme which trains and supports teams over a six-month period to help them better understand the needs of their customers and validate their business ideas. It is designed for early stage products or services that utilise innovative agri-food technologies set to make a big impact on any part of the food sector, including the way we produce, deliver, consume, recycle and value our food.
Held in Northern Ireland, Poland, Spain, Denmark and Germany, this game changing customer discovery programme allows aspiring entrepreneurs, intrapreneurs and start-ups to test the market directly with 100+ potential customers and learn how to progress from commercial proposition to validated business. During the program, teams will receive:
- Training at a five day residential bootcamp based on a unique customer-orientated methodology to help you create a start-up business model
- Mentorship from leading agrifood experts with specialised knowledge and skills to develop food sector innovation
- Funding of up to €10,000 to validate your business idea with potential customers, plus the opportunity to access a further €20,000 through a Startup Launch Grant.
- An invitation to final pitch event where teams will receive valuable feedback from agri-food experts
The program is suitable for those with a disruptive early stage business idea that has the potential to transform the agri-food tech space and is aligned with the strategic objectives of EIT Food. Applicants should be a resident, citizen or legal entity based in a Member State of the European Union or associated countries.
Please check out the Seedbed website for more information and eligibility criteria.