FREQUENTLY ASKED QUESTIONS

What is the Eligibility Criteria?

View the Eligibility Criteria

Is the EIT Food Accelerator Network free of charge?

The EIT Food Accelerator Network does not cost anything for startups.

We are obsessed with helping entrepreneurs across the agriculture and food industries.

Everything we do brings value to startups and prioritises their needs.

 

Does the EIT Food Accelerator Network provide funding for startups?

Startups do not receive any upfront funding but do have the opportunity to compete for 3 attractive financial prizes at the end of the programme.

 

How is the EIT Food Accelerator Network funded?

The EIT Food Accelerator Network is funded by EIT Food and by our partners from industry and academia.

 

What does the EIT Food Accelerator Network look for in a startup?

The EIT Food Accelerator Network judges look for high-impact agri-food startups, with a viable path to success and some traction/progress in their plans.

 

What is the time commitment for startups in the accelerator program?

We know from experience that it's easier to take advantage of all the EIT Food Accelerator Network has to offer when you or someone from your team is working onsite. You're able to choose elements of the program that work best for you: the events to attend, the mentors to meet with, the partners to network with, and the info sessions to participate in. It also helps us better proactively support you if you are onsite.

The EIT Food Accelerator Network expects active, consistent engagement in the accelerator program. This requires regular, physical presence from at least one team member in the EIT Food Accelerator Network Germany, Israel, Spain, Switzerland or UK office for the duration of the accelerator program you are participating in.

 

What is your policy on intellectual property protection?

Protection of intellectual property rights (e.g. patents, trademarks, copyright, trade secrets, etc.) of your concept is your responsibility and your responsibility alone. If you have an idea or product that you might want to patent, we strongly recommend speaking to a lawyer before submitting information about this idea to the EIT Food Accelerator Network.

Information you include in your application will be shared with the set of expert judges that review your application. Please note that these judges do NOT sign Non-Disclosure Agreements (NDAs). Therefore, you should not include any information in your application that you feel could be harmful to your company should that information be disclosed.

Note that applying to the EIT Food Accelerator Network is very similar to presenting your idea to potential investors. Very few investors (Venture Capitalists or "angel investors") will agree to sign an NDA before even hearing your initial pitch. It is up to you to determine the right balance between sharing enough information to get people interested and to give you credibility, and sharing information that could potentially be damaging to your company if it were to be disclosed.

 

Who are the judges?

All judging panels consist of a mixture of experienced entrepreneurs and experts from the agriculture and food industries.

 

Are there particular areas within the agri-food space that we are specifically interested in?

No, any company that can have an impact at any point along the entire food supply chain is eligible to apply and take part. We especially encourage startups to apply that have the ambition to transform our food ecosystem by making it more trusted, better for people’s health and more sustainable.

ELIGIBILITY CRITERIA

 

To be considered eligible for the programme, applicants must be agri-food startups:

  1. That are set to make a big impact on any part of the agriculture or food supply chain thus committed to building a healthier, more trusted and sustainable food system

  2. At (pre) seed stage with some indicator of traction (e.g. LoIs, sales, letters of support)

  3. Registered company or agree to register during the course of the programme

  4. Active in the EU and its member states or EU associated countries (i.e. Iceland, Norway, Albania, Bosnia and Herzegovina, North Macedonia, Montenegro, Serbia, Turkey, Israel, Moldova, Switzerland, Faroe Islands, Ukraine, Tunisia, Georgia Armenia), 

  5. Committed to the programme (we expect active, consistent engagement in the programme - this requires regular, physical presence from at least one team member in one of our hubs for the duration of the accelerator programme)

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