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EIT Digital Open Innovation Factory is sponsored by European Institute of Innovation and Technology. Focuses on deep tech digital ventures with the potential to scale. For small businesses developing agentic AI for insurance, this program supports the 'Digital Finance' vertical.
It provides funding for early-stage market launch and venture building.
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Open Innovation Factory 2024 | EIT Join Open Innovation Factory 2024 to boost your deep tech start-up! The work programme is guided by the five focus areas - Digital Tech, Digital Industry, Digital Cities, Digital Wellbeing and Digital Finance - of the EIT Digital Strategic Innovation Agenda 2022-2024 .
Selected proposals will receive financial support from EIT Digital and be embedded in the pan-European ecosystem of over 350 partners from business and industry, research and academia, investment, and the public sector.
Apply to the EIT Digital Open Innovation Factory and get: EIT Digital financial support (up to EUR 400 000) EIT Digital Speed Master training Access to hundreds of partners from EIT Digital’s innovation ecosystem across Europe, including corporates, public sector, investors and academia Ready to apply? Here’s what you need to know.
All proposals need to be submitted by a team of two to four EIT Digital partners from at least two different eligible European countries. One of the team members must be an early-stage venture with an innovative deeptech product that already has traction. The team must be ready to collaborate intensively for 6 months on a joint plan to boost this innovative product and gain more market traction.
In consideration of the support received by the applicant, an equity granting model is applied whereby EIT Digital will be granted equity in the early-stage venture. The new cut-off specific document will be released in July. Accepted proposals will start their programme activities on the 1 January, 2025 , right after the results of the selection process are published.
Open Innovation Factory 2024 You may also be interested in EIT Digital Advocates for Swift AI Adoption at 2024 Delphi Economic Forum EIT Digital boosts tech education with new partnership! EIT Digital's Venture Incubation Program
Based on current listing details, eligibility includes: Small businesses, startups, and research institutions in EU/Horizon Europe countries. Applicants should confirm final requirements in the official notice before submission.
Current published award information indicates Up to €500,000 Always verify allowable costs, matching requirements, and funding caps directly in the sponsor documentation.
The current target date is rolling deadlines or periodic funding windows. Build your timeline backwards from this date to cover registrations, approvals, attachments, and final submission checks.
Federal grant success rates typically range from 10-30%, varying by agency and program. Build a strong proposal with clear objectives, measurable outcomes, and a well-justified budget to improve your chances.
Requirements vary by sponsor, but typically include a project narrative, budget justification, organizational capability statement, and key personnel CVs. Check the official notice for the complete list of required attachments.
Yes — AI tools like Granted can help research funders, draft proposal sections, and check compliance. However, always review and customize AI-generated content to reflect your organization's unique strengths and the specific requirements of the solicitation.
Review timelines vary by funder. Federal agencies typically take 3-6 months from submission to award notification. Foundation grants may be faster, often 1-3 months. Check the program's timeline in the official solicitation for specific dates.
Many federal programs offer multi-year funding or allow competitive renewals. Check the official solicitation for continuation and renewal policies. Non-competing continuation applications are common for multi-year awards.
Small Business Innovation Research Program (SBIR) Phase II is sponsored by Administration for Community Living. Small Business Innovation Research Program (SBIR) Phase II is a forecasted funding opportunity on Grants.gov from Administration for Community Living. Fiscal Year: 2026. Assistance Listing Number(s): 93.433. <p>The purpose of the Federal SBIR program is to stimulate technological innovation in the private sector, strengthen the role of small business in meeting Federal research or research and development (R/R&D) needs, and improve the return on investment from Federally-funded research for economic and social benefits to the nation. The specific purpose of NIDILRR's SBIR program is to improve the lives of people with disabilities through R/R&D products generated by small businesses, and to ...
The J.M.K. Innovation Prize is a grant from The J.M. Kaplan Fund recognizing early-stage social entrepreneurs working on environmental, heritage, and social justice challenges. The prize rewards individuals and organizations demonstrating innovative, entrepreneurial approaches to enduring problems. Applications for the 2025 prize were accepted February 11 through April 25, 2025 via an online portal. Spanish-language applications are welcomed, and a Spanish application form is available for download. The prize is biennial and open to a broad range of applicants across the United States working on forward-thinking solutions at the intersection of environment, community, and cultural heritage.