As part of the Tech to Market Business Acceleration Services (BAS) Programme, the European Innovation Council (EIC) invites EIC Pathfinder (former FET-Open & FET-Proactive) and Transition beneficiaries to apply for the EIC Innovation Bootcamp 3.0: a virtual four-day intensive training in entrepreneurship and technology commercialisation taking place from 23 to 25 May and on 22 June 2022. It aims to provide entrepreneurial basics and to preliminary validate your business idea/innovation based on the results from your research and innovation projects by working as a team of entrepreneurial researchers.
Are you interested in this opportunity?
Make sure to apply here until 15 April 2022 then!
The EIC Innovation Bootcamp 3.0 is a novel concept, organised by the EIC Business Acceleration Services. To help researchers navigate through the entrepreneurial world and acquire the right skills to successfully exit the lab with a technology or product ready for the market, the EIC Innovation Bootcamp will provide you with a guide explaining everything you need to know to start transforming your innovation into a valid solution and successfully bring it to market.
But don’t take our word for it. For instance, Michel Krakowski from III-V Lab (part of the FET – OPEN Project SUPERTWIN) that attended a previous edition of the Innovation Bootcamp stated that: “We have gained very useful and important knowledge about innovation, exploitation of research and development, creation of a start-up company, financial and legal aspects, roadmaps, business development”.
The EIC Innovation Bootcamp will be a four-day event, taking place from 23 to 25 May and on 22 June 2022 from 9h to 17h (CET), and consists of a mix of interactive lectures with group dynamics and hands-on work on business modelling and pitching. After these sessions, you will be better equipped to reach the market and venture into the entrepreneurial world with an innovative product/solution that leads to successful business opportunities.
Tiago Lagarteira from Pixel Voltaic (part of the FET Proactive Project 112CO2) also stated: “It was an amazing opportunity to learn and practice how to pitch our technology to potential partners/investors”.
The end goal of the EIC Innovation Bootcamp is to present a high-quality pitch (EIC Accelerator step 1 level) on the fourth day and to actively participate with a selected team developing further the Pathfinder or Transition project research results, and innovations. The application implies a full commitment to attend the four days of the event.
WHAT TO EXPECT FROM THE FOUR-DAY IDEATION?
Day 1: Introduction to innovation management
The first day will focus on making that first step from academia to business through tailor-made content to researchers and to build on their entrepreneurial side. There will be lectures with top-notch speakers on the impact of technology, design thinking, lean start-up and investment readiness as well interactive sessions on entrepreneurship to researchers and innovation transfer from science to industry and commercialisation.
Day 2: From the lab to the market
On the second day, we will be going through the customer discovery and product development process through interactive sessions where the teams will be guided by EIC speakers and coaches on creating innovative business models, product and market development, IP strategy and technology transfer and communication skills. This day will allow a hands-on approach and collaborative work of the teams building around their innovation.
Day 3: EIC and beyond
Day three will be dedicated to a set of EIC presentations, including getting to know the EIC Programme Managers and Tech to Market team in two practical lectures – financing strategies and pitching training.
To help you prepare for the final day of the Bootcamp, you will receive personalised pitching training provided by our EIC coaches. The selected teams will receive written feedback on their pitch decks and get the opportunity to do a half-hour individual dry run session to rehearse their final presentation. It will take place after the initial three days of the Bootcamp, in preparation for the Pitching Day.
Day 4: Pitching day
Four weeks of learning sessions and preparation later (including the fine-tuning/rehearsal session with Programme Managers and EIC coaches), on 22 June, the teams will present their pitch to a selected jury. The 4th day will start with a roundtable of success cases that have made the path from the lab to the market backed up by the EIC.
WHO CAN APPLY?
The application for this initiative is open only to EIC Pathfinder (ex. FET-Open and FET-Proactive) and Transition researchers as representatives of the consortium/project. The EIC Innovation Bootcamp is only open to a team of at least two researchers/individuals (and a maximum of four) per project. Complementary profiles are required to form eligible and successful teams and provide a high-quality engagement and delivery of the pitching. The two mandatory team roles to apply are:
- Entrepreneurial lead/representative: responsible for the business orientation and entrepreneurial side of the idea/innovation (usually postdocs, PhD students or any researcher that could imagine herself or himself as a potential entrepreneur).
- Technology lead/representative: responsible for the technical development of the idea/innovation.
Please note that projects from all domains and sectors are welcome to apply for the EIC Innovation Bootcamp 3.0 initiative.
Only one application per project will be accepted. Maximum 12 EIC Pathfinder or Transition projects can participate (2 people per project minimum and 4 maximum). The availability is limited, and a selection committee will choose the best applications based on the following criteria:
- Maturity and potential impact of the submitted innovation idea
- Composition of the team
- Team’s motivation for applying to the Bootcamp
EIC Business Acceleration Services
The European Innovation Council (EIC) continues to support science-to-technology research projects like the FET programme has done with an additional focus on continuous improvement, networking, learning opportunities and facilitating access to business partners and investors for our beneficiaries. Being part of the programme offers you privileged access to our business acceleration services, customized to your needs.
EIC Pathfinder and Transition scientists, innovators and entrepreneurs can listen to selected lectures on entrepreneurship and validate their commercialisation strategies and business ideas during dedicated EIC Innovation Training Workshops and Innovation Bootcamps, respectively.
EIC beneficiaries are also invited to be part of the online EIC Community. The overall aim of the EIC Community platform is to help innovators, entrepreneurs, SMEs, and scientists to successfully establish themselves on the European and global markets by creating a shared knowledge base and a virtual meeting place for them to connect with investors, corporates, and peers to discuss potential businesses partnerships.
The Business Acceleration Services provided are free of charge. All participants need to fill out a short satisfaction survey shortly after the event, and a business impact survey after six months.
Cancellations will only be considered in duly documented cases of “force majeure”. Unjustified cancellation can lead to exclusion in future Business Acceleration Services events. For additional information, please refer to our Helpdesk (please choose “EIC Innovation Bootcamp” as the subject).
DISCLAIMER: This information is provided in the interest of knowledge sharing and should not be interpreted as the official view of the European Commission, or any other organisation.