Women at the Forefront of Deep Tech in Europe
WomenTechEU is supporting women leading deep tech startups form Europe to grow into tomorrow’s tech leaders with equity-free grants. The first call is now open!
Women TechEU is a 2-year EU-funded project supporting women leading deep tech startup companies from Europe. The aim is to create a more gender-balanced entrepreneurship ecosystem.
Women TechEU will invest €12 million in equity-free grants, which will support 160 women-led deep tech companies, in addition to providing business support services to each grantee.
Targeting Female-led Start-Ups
Women TechEU targets early-stage deep tech start-ups founded, or co-founded, by women holding a top management position (CEO, CTO or equivalent).
Women should hold at least 25% of the shares in the company at the time of submission.
The funds can be allocated towards activities that will accelerate the development, growth and sustainability of the company.
This may cover activities such as business model upgrade, update and consolidation of business plan and growth strategy, business model validation or finding partners among other things, depending on what is needed to accelerate the growth and development of the business.
Grants and Business Coaching
The project consortium is launching 4 calls for applications over the span of 2 years which, following a rigorous evaluation process, will result in a total of 160 beneficiaries.
Each beneficiary will receive €75k grants (non-dilutive finance) as well as a personalised business development programme which includes mentoring, coaching and targeted training among other options.
Application deadline
The first Women TechEU call is now open, and deadline for applications is 20 May 2024.
The results of the call will be published 5 July 2024.
Read more: https://womentecheurope.eu/
Contact Information
About Deep Tech
According to the European Commission, Deep Tech is technology based on cutting-edge scientific advances and discoveries characterised by the need to stay at the technological forefront by constant interaction with new ideas and results from the lab.
Deep tech is distinct from “high tech” which tends to refer only to R&D intensity.
Sectors, which are most fertile for deep-tech applications are life-science, computing, food and agri-tech, aerospace, energy and clean-tech, industrial technologies, telecom, new materials, chemistry. However deep-tech also includes, among other things, artificial intelligence, deep learning and machine learning.
