A new accelerator program for green tech start-ups!

A new accelerator program for green technology start-ups has been launched: Green Manufacturing Accelerator, GreenMA for short. It focuses on novel materials and resources, manufacturing processes and business model innovation. We offer a three-month acceleration programme consisting of a bootcamp, monthly development sprints and an international demonstration day.

Overview of the acceleration programme

  • The programme starts with a boot-camp focusing on sustainable business modelling, impact analysis and networking during a two-day hybrid event in Riga, Latvia on 21–22 April 2022.
  • Online workshops and mentoring sessions on green product development, design thinking, sales and marketing, fundraising and other relevant topics will follow.
  • Pitch training and international demo day at sTARTUp Day business festival in Tartu, Estonia on 24 August 2022 to showcase start-ups to investors and the start-up community.
  • A large pool of international mentors from Estonia, Latvia, France and Portugal. Participating start-ups will be introduced to a twinning partner for potential collaboration projects or client sales.
  • Best performing teams will have a chance for initial investment opportunities from Buildit (up to 50k €) and EIT Manufacturing (up to 300k €) with potential for follow-up investments in later rounds.

Applications are open until 7 April 2022.

EIT Manufacturing, as a financial supporter of the GreenMA program, reserves the right to get 1% equity as a program fee from participating start-ups.

Requirements for applicants

We are looking for early-stage start-ups and teams working in green technologies related to materials or resources, manufacturing processes, or business model innovation.

  • Located in the EU.
  • Technology Readiness Levels (TRL) 5+, lower TRL will be considered case by case.
  • Stage of the company in pre- or early revenue.
  • Up to 2-3 years old (if a legal entity has already been registered).
  • Minimum of two team members.

The GreenMA accelerator programme is supported by EIT Manufacturing. The project partners are the University of Tartu, Buildit Accelerator, Baltic Innovation Agency, Aerospace Valley, INEGI and INESCTEC.

University of TartuUniversity of Tartu

University of Tartu

Buildit logoBuildit logo

Buildit

Aerospace valley logoAerospace valley logo

Aerospace Valley

INESCTEC LOGOINESCTEC LOGO

INESC-TEC Institute for Systems and Computer Engineering

Inegi

Background information about EIT Manufacturing

EIT Manufacturing was established in 2019 with a vision that global manufacturing will continue to be led by Europe and contributing to make Europe and its manufacturing sector more competitive and sustainable. In doing so, EIT Manufacturing brings together a growing network of top-tier industrial partners, leading academic and research institutions from across the region and innovative start-ups, scaleups and SMEs. EIT Manufacturing connects and integrates the areas of education, innovation and business creation.  Ultimately, EIT Manufacturing strives to accelerate faster innovation with the potential to improve everyday life globally, help meet Europe’s ambitious climate goals, and ensure that its workforce is ready for tomorrow’s challenges. EIT Manufacturing has backing and support from the European Institute of Innovation and Technology (EIT), an independent EU body set up to empower innovators to turn their best ideas into products, services and jobs for Europe.

EIT Manufacturing — Making Innovation Happen!