EIT Digital and X2.0 Consortium partner up to support the growth of European deep tech startups

Date March 22, 2023
Peter Strempelpeter.strempel@eitdigital.eu

X2.0 Europe is a deep tech growth programme, co-funded by the European Union, that aims at scaling up 50 EU deep tech startups by providing a customised, industry-focused, growth programme that will act as a catalyst in delivering market-ready applications and technology solutions in 5 key impact areas: Manufacturing & Circular Economy, AgriTech, HealthTech & BioTech, Smart Cities and Sustainability, and Data & A.I.

X2.0 EIT Digital joins the X2.0 project as Impact Builder and enters a short list of Service Providers available to participating startups. Following a matchmaking process, EIT Digital will offer specific cross-border growth support to selected startups and help them in their efforts to develop business, scale up, and internationalise.

Federico Menna "With our focus on digital deep tech and our expertise in launching ventures, growing startups and internationalising tech scaleups, EIT Digital is ready to serve promising deep tech startups on their path to growth and commercial impact on the European market," said Federico Menna, EIT Digital interim CEO.

Tuan Trinh Tuan Trinh, EIT Digital Regional Node Director East, added that "EIT Digital joins the X2.0 project not only as a service provider. We see this initiative as an important tool to emphasise the importance of strengthening digital deep tech in Europe and consider X2.0 a crucial platform to give visibility to an ecosystem that is essential for sustaining Europe’s competitiveness."

About X2.0

X2.0 is a deeptech growth programme that seeks to ensure the scaling up of EU deeptech startups by providing custom, industry-focused, growth programme that will act as a catalyst in delivering market-ready applications and technology solutions in 5 key impact areas: Manufacturing & Circular Economy, AgriTech, HealthTech & BioTech, Smart Cities and Sustainability, and Data & A.I.

The project will distribute €1.5M in innovation and scaling up services to 50 deep-tech startups and will contribute to the offering of the EIC programme. From November 2022 to November 2024 X2.0 will launch five open calls.

It will promote the growth and strengthening of relationships between moderately innovative and highly innovative regions by providing needs-based, custom, industry-focused, growth programmes to deep-tech startups.

The X2.0 is a sustainable legacy project of X-Europe and aims to leverage its predecessors’ established ecosystem, network, proven innovation action/Startup Europe methodology, and learnings, to generate a next-gen coordination action mechanism.

Follow X2.0 on Twitter (@X2_0_EU) and LinkedIn (X2.0).

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