PROMETHEUS International Startup Competition 2022
We are happy to announce the launch of the “PROMETHEUS International Startup Competition 2022”, in the domains of Digital Transformation and Sustainable Development. The competition aims at embracing early-stage business ideas leading to either innovative startups or social entrepreneurship approaches including new applications and technological ideas, through a comprehensive mentoring phase with world-leading experts.
Participating Tracks & Thematic Areas
Eligible to participate in the competition are students of a university program of study individually or in teams (Track A); Operating research teams (Track B) or Individuals/ Citizens, individually or in teams, who do not fall into Tracks A or B (Track C). Proposals are submitted in one of the following Thematic Areas:
- Digital Transformation
- Circular Economy
- Smart Manufacturing
- Environmental Protection
- Bio-Economy
- Climate Change
- Sustainable Development
Benefits & Awards
The teams/ ideas that will win in their respective category and/ or thematic area will receive the following benefits and awards:
- Publicity - All teams that will be distinguished 1) will be published through the website of the competition and related publications, 2) will have access to mentors to optimise their idea and seek further funding or other assistance, 3) will have access to support infrastructures and digital tools.
- Mentoring - PROMETHEUS will mobilise a network of 50 high calibre, international market experts that have crystallised general or special business experience. The mentors of PROMETHEUS will assist in shaping an idea, through the provision of educational and consulting work.
- Seed financing/monetary prizes - PROMETHEUS will distribute 25.000 euros to the best business ideas, as they will emerge after the final stage of the competition. This seed financing ranging from 1.000 to 10.000 per idea/ team will be given in the form of covering the costs for the further preparation, dissemination or implementation of the business idea, without any other obligation by the teams.
- Exploitation of direct market opportunities with PROMETHEUS network organisations from the public or private sector, participating in the activities of PROMETHEUS. Organisations can state their needs that can potentially be met by startups or actions, and then act as angels for an idea.
- Roadshow of later stage Startups to our team of Venture Capital and Angel Investors in order to attract interest for supporting an idea, financing it or providing an important service or resource.
- Utilisation of EIT community programs (Summer / Master / Doctoral Schools) and tools such as (indicatively) the AGORA, a new social network and open innovation platform and Skills.move Learning Platform of EIT Manufacturing, Digitalised Testbeds and Skills for Future (Cross-KIC activities).
- Scholarships (i.e. for the admission in a Master program) offered by the consortium HEIs or by the supporters of PROMETHEUS, will be announced during the competition .
The activities that constitute the competition are conducted mainly via the PROMETHEUS Entrepreneurship Acceleration Platform:
https://hei-prometheus.eu/entrepreneurship-acceleration-platform/
Timeline & Important Dates
- Deadline for submitting ideas (first stage): 31 July 2022
- Notification of the ideas/teams that will proceed to the second stage: 22 August 2022
- Deadline for submitting complete business plans (second stage): 1 November 2022
- Notification of the ideas/teams that will proceed to the final stage: 15 November 2022
- Presentations by the finalist teams, evaluation, and awards: December 2022
Stay updated
Access the competition’s dedicated page:
https://hei-prometheus.eu/entrepreneurship-acceleration-platform/the-competition/
Our 2nd online Information Day has been scheduled for 8th June 2022 to elaborate on the PROMETHEUS Competition, Network and Tools.
Follow PROMETHEUS through our website and social media in order to stay updated on the PROMETHEUS International Startup Competition:
The PROMETHEUS International Startup Competition 2022 is organised within the context of the PROMETHEUS project (https://hei-prometheus.eu/), which is funded by the European Union, under the EIT HEI Initiative (https://eit-hei.eu/).
