Women TechEU is a brand new initiative of the European Union, funded under the European Innovation Ecosystems work programme of Horizon Europe. The scheme offers first-class coaching and mentoring to female founders, as well as targeted funding to help take their business to the next level.
Women TechEU offers:
- Financial support to the company as an individual grant of EUR 75 000 to support the initial steps in the innovation process, and the growth of the company,
- Mentoring and coaching provided by the EIC Business Acceleration Services (BAS), under the new “Women Leadership Programme”, which include dedicated networking and pitching events,
- The possibility to participate in dedicated activities organised by InvestEU and Enterprise Europe Network.
The pilot scheme launched on 13 July supports a first cohort of up to 50 promising women-led start-ups, starting from 2022.
Women TechEU addresses this innovation gender gap by supporting women-led deep tech start-ups at the early, riskiest stage. The scheme will offer financial support to women-led startups with grants of €75 000 and first-class coaching and mentoring through the EIC’s Women Leadership Programme. The EIC’s main Accelerator programme also targets women-led start-ups, but the new Women TechEU scheme provides support at the earlier, formative stage of companies in order to increase the number of women launching their own start-ups.
Up to 50 promising deep tech start-ups from EU Member States and Associated Countries will be funded under the first Women TechEU pilot call. Applicants must have founded or co-founded an early stage deep tech startup, and hold a top management position (CEO, CTO or equivalent) in the company. The company must be registered and established in an EU Member State or Associated Country for at least six months at the time of the submission.
The call for proposals is open. The deadline for submissions is 10 November 2021, 17:00 (CET).
Women TechEU is part of a series of measures to boost female innovators. Earlier this month, the European Commission announced that it received the record number of applications for the EU Prize for Women Innovators, a testament to the need for initiatives like these celebrating and supporting women innovators and entrepreneurs.