Updated May 19, 2020CLOSED
Offered by European Union
Startups with high impact and growth potential have been hit hard by the COVID-19 crisis. Many innovation activities needed for ventures to bring their solution to market are being delayed and disrupted. Customer adoption has slowed down. Moreover, raising capital from external investors proves more challenging.
The aim of the EIT Food COVID-19 Bridge Fund is to provide targeted support to high impact and growth potential start-ups and scale-ups during the crisis and adapt/accelerate to post crisis economic reality. With the bridge funding they will be able to continue their critical activities, extend their runway and prepare effectively for raising follow-on funding.
|Region||Europe and Eurasia|
|Focus Areas||Nutrition (Health)|
Funding from the EIT Food COVID-19 Bridge Fund is open to innovative startups and scaleups in the agri-food industry, based in a Member State of the EU or Horizon2020-associated country. Your venture experiences disruption of key activities and fundraising efforts due to COVID-19 and needs to adapt accordingly. Your venture is active in one of the six focus areas of EIT Food:
|Planned Usage of Funds|
The funding can exclusively be spent on costs that:
Applications can be submitted through the EIT-Food online platform.