Apply Now: Call for solutions to fight Water Scarcity
Five of EITs Innovation communities have joined forces to fight water scarcity in Southern Europe, and help the entire continent to move towards a more sustainable water economy. This new joint initiative led by EIT Food, now seeks to promote start-ups providing solutions to address the growing concern of water scarcity.
Selected startups will be granted extensive training and mentoring, and the best projects will also receive an economic reward to develop their idea further. Application deadline is June 7.
Water Scarcity – a growing concern for Europe
According to the European Environment Agency (EEA) a third of Europe is already suffering from water scarcity and drought. In particular Greece, Portugal, Spain and parts of Germany, are severely hit.
The objective of the call is to bring innovative solutions on the table to help fight water scarcity and prevent overuse of water. This so called Cross-KIC initiative is not only looking for technologies and services that directly addresses the issue, but also for startups proposing alternatives to help raise awareness on water governance, proposing innovative learning or organizational solutions.
The programme is a shared initiative involving five of EIT’s innovation communities: EIT Food (leader), EIT Climate-KIC, EIT Manufacturing and EIT Raw Materials.
Long-term, the initiative aims at increasing the competitiveness of Southern Europe, as well as promising a more sustainable and efficient water economy.
Participants are invited to participate through this link: Apply now
Experts building knowledge base to help fight water scarcity
As a first step, the initiative has gathered 16 experts around the topic. The experts are working on a Body of Knowledge answering to six central challenges identified for better water management.
raising awareness and promoting education regarding local risks and measures,
unlocking water Governance and financial schemes for the sustainability of the water scarcity measures,
optimizing and matching water supply and demand,
ensuring production control and better water consumption to allow legal enforcement, and
fostering climate change readiness from the perspective of water.
Further participant requirements
The 30 selected startups will have to be already a legal entity or in very advanced process to set one, and cannot be older than 3 years, neither have generated more than €1M in revenue in the last year and raised more than €500k in equity-based funding.
The companies must be resident, citizen or legal entity based in the next countries: Bulgaria, Croatia, Cyprus, Czech Republic, Estonia, Greece, Hungary, Italy, Latvia, Lithuania, Malta, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Albania, Armenia, Bosnia and Herzegovina, Faroe Islands, Georgia, Moldova, Montenegro, Republic of North Macedonia, Serbia, Turkey, Ukraine.
Best ideas will receive 10.000 euros to develop their idea
The 30 selected startups will participate in a three- step programme: training, mentoring and competition. The programme will kick-off on June 25 with a virtual business training session, in addition to hands-on mentoring sessions. Between September and October, participants will pitch their solutions in three ´InnoWise Challenge Labs’ held across Italy, Greece and Spain. Three winners from each country will receive a monetary compensation earmarked for investments in machinery, production of the first product runs, developing consumer tests or the payment of licenses and industrial propriety.