The EIT ICT Labs Idea Challenge is a European startup competition across eight technology topics to support young innovators and turn ideas into businesses. It provides coaching, mentoring, funding of up to €40,000, and office space for up to six months to the top three ideas in each topic. The topics include smart spaces, internet of things, smart energy systems, health and wellbeing, urban mobility, cyber-physical systems, cybersecurity, and future cloud. Submissions will be evaluated on criteria such as team quality, idea quality, market potential, and feasibility.

1. EIT ICT Labs Idea Challenge – Accelerating innovative startups in Europe
Dominik Krabbe
infoShare Gdansk, May 22nd 2014

2. EIT
European Institute of Innovation & Technology
Tackling the European Paradox:
Top-level scientific output...

3. EIT
European Institute of Innovation & Technology
Tackling the European Paradox:
... but lags behind in converting this strength into wealth-
generating innovations.

4. EIT ICT Labs
Short introduction
EIT ICT Labs is a unique network of universities, research institutions, and
leading European companies.
Our Mission? Bringing ICT innovation to life in Europe and
empowering ICT top talents for the future.

5. EIT ICT Labs
Support for innovators
Coaching
Sustainable
Start-Ups
Access to finance
Mentoring
Business modeling
Scouting
Soft landing
Sourcing
Start-Up
Activation
Outreach
Ecosystem
Action Lines
EIT ICT Labs
Idea Challenge
Coaching & mentoring Successes
Master
School
Doctoral
School
KIC
partners

6. The EIT ICT Labs Idea Challenge is a European innovation contest in
eight topics. It’s aim is to support early stage startups and young
innovators in ICT to turn their ideas into successful businesses.

7. The eight topics represent the eight innovation areas of EIT ICT Labs.
Each topic has it‘s own final in one of the Co-Location Centers of EIT ICT
Labs.
Smart Spaces – Helsinki, Finland
Internet of Things – Stockholm, Sweden
Smart Energy Systems – Berlin, Germany
Health & Wellbeing – Eindhoven, Netherlands
Urban Life and Mobility – London, UK
Cyber-Physical Systems – Munich, Germany
Cyber Security and Privacy – Trento, Italy
Future Cloud – Rennes, France

8. EIT ICT Labs mission is to bring ICT innovations to life.
That’s why we provide everything early stage startups and young innovators
need to turn their idea into a successful business!

9. 1. Prize: 40,000 €
2. Prize: 25,000 €
3. Prize: 15,000 €
+ Coaching and mentoring from business experts
+ Integration into pan-European partner network of the EIT ICT Labs
+ Office space for up to 6 months in one of our Co-Location Centers
+ Integration into future EIT ICT Labs activities

10. Health & Wellbeing // Cyber-Physical Systems // Smart Spaces // Future
Cloud » Submission closed
Cyber Security and Privacy // Internet of Things // Urban Life and
Mobility // Smart Energy Systems » Submission from September 1st –
September 30th
11.03.2014 20.04.2014 May/June 2014 01.09.2014 30.09.2014 Oct/Nov 2014
Kick-off
submission
phase 1
End of
submission
phase 1
Pitch series 1 Kick-off
submission
phase 2
End of
submission
phase 2
Pitch series 2

11. Information to submit:
Idea description // Technology // Team // Market analysis // Financial plan //
Business Model // Impact of Prize

12. Evaluation criteria:
Quality and composition of team // Quality of idea // Internationalization
potential // Fit with the thematic agenda // Feasibility // Market potential //
Impact of prize // Overall quality of submission

13. The 10 best teams from each topic will pitch their ideas in front of a high
profile jury of executives from EIT ICT Labs and their parters, business
developers, investors and entrepreneurs.

14. Check out our Social Media channels and campaign site:
http://ideachallenge.eitictlabs.eu
#ideachallenge

15. Dominik Krabbe Mail: dominik.krabbe@eitictlabs.eu
Innovation Manager Phone: +49 30 3450 6690 126
EIT ICT Labs Germany GmbH www.eitictlabs.eu