Purpose of InnoStars competitions:

• To support the applicants in realizing next steps towards the market and shorten time-to-market for innovative products and services.
• To verify the need/benefit of the product/service for users/customers/payers/partners.
• To increase the possibility to attract private investment.

Is it for me ?

InnoStars is suitable for micro- and small enterprises, spin-offs and start-ups that already have a prototype, or minimum viable product, but do not yet have a product or service on the market. Applicants must have a legal entity in one of the following countries: Croatia, Czech Republic, Estonia, Greece, Hungary, Italy, Latvia, Lithuania, Poland, Portugal, Romania, Slovakia, or Slovenia.

The journey

The journey begins when start-ups submit a competitive application to enter the InnoStars Awards programme. Those accepted will receive €25,000 in “smart money” for training costs, four months of mentoring and also training at two European Bootcamps.

Beyond this, start-ups have access to the support and potential investor connections available from EIT Health’s Investor Network and EIT Health’s Living Labs and Test Beds network.

To compete in the InnoStars Awards Final, start-ups first submit their business plan. Winners of the contest receive up to €25,000 to support the launch of their product or service. All entrants benefit from the connections they build with potential partners.

The application process

Apply through the EIT Health Optimy platform between 31 January 2020 and 27 March 2020.