Women TechEU, a new EU scheme supporting deep-tech start-ups led by women.
Data shows that only 15% of innovative start-ups are founded or co-founded by women, and a mere 6% have all-women founding teams. These women-led businesses raise less venture capital than their male-only counterparts, including at the vital early-stage investments and the amounts that they raise tend to be lower.
Across Europe only around 5% of venture capital goes to mixed teams and only 2% to all-female teams. There's a gender gap in technology and innovation.
In Spain, according to the evidences compiled by Blue Room Innovation to the european project The MIssing Entrepreneurs,45% of entrepreneurs are women, mostly between 25 and 34 years old with university studies. In this report, data such as the South Summit are collected, which highlights that 22% of startups in Spain are led by women, more than in the United Kingdom or the United States, but less than in others such as Vietnam or Ghana.
What is Women TechEU?
Taking into account these data, The European Comission has lauched the pilot program WomenTechEU, which supports deep-tech start-ups led by women and helping them grow into tomorrow’s deep tech champions. This scheme comes under the new Horizon Europe innovation ecosystems programme, reinforced by the European Innovation Council (EICs).
The scheme will offer financial support to women-led startupswith grants of 75000€ and first-class coaching and mentoring through the EIC’s Women Leadership Programme.
Women TechEU targets highly innovative start-ups founded, or co-founded, by women holding a top management position (CEO, CTO or equivalent) in the company at the time of submission. The company must be registered and established in an EU Member State or a Horizon Europe Associated Country for at least six months at the time of the submission.
You should know that the deathline for the submission is 10th of november and the resolutions will be communicated in early 2022.
And to finish, we detail some activities that you could carry out thanks to the help of this plan: updating the business model, updating and consolidation of the business plan or growth strategy, validation of the business model, updating the financial plan, certifications, business plan, market analysis, customer or product validation, partner search ...
You can see more details about the call in the Open Innovation Platform Nir-vana by clicking here.
Blue Room Innovation - Experts in innovation funding
Do you think your company fits the requirements to apply to Women TechEU? At Blue Room Innovation we are experts in preparing proposals to obtain European funding. We study your project, jointly prepare the proposal and carry out all the steps so that you can qualify for financing.
Do you want to apply? Contact us!