Impact Funding Resources
A new opportunity to get your food innovation product or service to market quicker and enhance your commercial success. Accelerating the commercialisation of food products and services in Europe contributing to positive change in our food system. With the launch of the next window of the Fast Track to Market programme, EIT Food is looking to fund mature startups and SMEs whose products or services directly contribute to one of EIT Food’s three missions: • Healthier Lives Through Food • A Net Zero Food System • A Fully Transparent, Fair and Resilient Food System EIT Food is looking for fast-moving, mature companies with an existing business case that has high potential to generate B2B/B2C sales for new or improved food innovation products or services. Through the Fast Track To Market funding programme, you can boost your market readiness to bring your service to new or expanded markets. Whether expanding to new markets, or growing new products in existing markets, the support of EIT Food can help your company speed up your marketability and potential commercial success.
Start Date24 Sep 2024 End Date26 Nov 2024 Funding AmountUpto EUR 250k Funding Resource TypeGrant
Funding ProviderEIT Food
Grant
EIT Food
Accelerating the commercialisation of food products and services in Europe contributing to positive change in our food system.
With the launch of the next window of the Fast Track to Market programme, EIT Food is looking to fund mature startups and SMEs whose products or services directly contribute to one of EIT Food’s three missions:
• Healthier Lives Through Food
• A Net Zero Food System
• A Fully Transparent, Fair and Resilient Food System
EIT Food is looking for fast-moving, mature companies with an existing business case that has high potential to generate B2B/B2C sales for new or improved food innovation products or services. Through the Fast Track To Market funding programme, you can boost your market readiness to bring your service to new or expanded markets.
Whether expanding to new markets, or growing new products in existing markets, the support of EIT Food can help your company speed up your marketability and potential commercial success.
• Are a legally incorporated entity in one of the EU or Horizon Europe eligible country, and have been for at least 12 months;
• Have a technological product, service, solution that fits within one of the three EIT Food Missions;
• Are classed as small sized company, as defined in the EU recommendation 2003/361 (between 3 and 49 employees and less than 10 million turnover or balance sheet);
• Have at least 3 full time employees;
• You are past the ideation phase; you are generating revenues from paying customers and not only from pilots.
We ask that applicants have a clear case for a project lasting no longer than 12 months that can significantly accelerate their startup/SME’s commercial success, and that the proposed project must be able to have an immediate impact by bringing their products or services to the market.
Applicants already affiliated with EIT Food (FAN and Rising Food Stars) are also welcome to apply, provided they fulfil the eligibility criteria.
(Entities registered in the United Kingdom and Switzerland are eligible to apply)
Please check further details on the website.
