Proof-of-Concept Co-Financing Instrument

Aprašymas

EIT Food facilitates corporate innovation by connecting world-leading industry with impactful agrifood startups. The purpose of the PoC Co-Financing Instrument is to financially de-risk the commercial activities of agrifood startups that will ultimately result in impactful technologies, products, and services reaching the market and scaling further in the food sector. Usually, the first step towards a long-term collaboration between a startup and a potential corporate customer is a proof-of concept or small-scale pilot project. Once this kind of experiment was deemed successful from both sides, it will ideally lead to a bigger scale pilot project or the start of commercial activities.