The Business Idea Competition of EIT RawMaterials seeks innovative ideas from individuals, research teams, entrepreneurs and early stage start-ups for new products, processes and services in 3 categories:
- Going beyond discoveries and intelligent mine. Technologies and solutions for improved and new mineral exploration, and for more efficient, safer and sustainable modern mining.
- Optimisation of processes, recycling and circular economy. Technologies and business models for improved material production, materials supply from secondary sources, recycling and for the implementation of a circular economy approach.
- Substitution of resource critical and toxic materials and for optimized performance. New technologies or services that make it possible to substitute or use less critical or toxic materials in key industries. In addition, solutions for an optimised performance of materials and entire products will be supported. New approaches and solutions can be developed on an elemental, material, process, product, system, and service level.
More details of the themes are provided in the call text.
How it works
To enter the Competition, you submit an idea of innovation that can make an impact in the raw materials sector. If you are selected in the first evaluation stage, EIT RawMaterials will help you develop your idea and turn it into a new business. You will learn how to define a business model for your idea and produce a preliminary Business Plan.
You will then submit a Business Plan to a second evaluation stage. Top 5 teams selected in each category will pitch their idea during the final ceremony to a jury consisting of industry partners.
The winners will receive a prize and will be involved in various events organised by the EIT RawMaterials, and have an opportunity to network with the world’s largest community in the raw materials sector.