RobotUnion's Call for Applications: Scaleups in the robotics sector

RobotUnion will select 20 Scaleups that will participate in the Acceleration program and could be financed with up to €223,000 equity free in cash plus acceleration services.
Applications are closed
8 months ago

RobotUnion is the pan-European Robotics Acceleration program implemented by RobotUnion Consortium (hereinafter RobotUnion), within Horizon2020 program, under Grant Agreement with EC number 779967 dated 22/11/2017.

RobotUnion will select 20 Scaleups that will participate in the Acceleration program and could be financed with up to €223,000 equity free in cash plus acceleration services. The 20 Scaleups selected will receive €3,800 in cash equity free and services in the first phase. The 10 best of these Scaleups will enter in the product acceleration program and will receive up to €120,000 in cash equity free. Finally the 4 best Scaleups will receive up to €100,000, so in total they can receive up to €223,000 equity free in cash plus services. Details of the program and rules for granting co-financing are described below. This is an acceleration program in a funnel approach, 20 Scaleups start the journey and just 4 finish it.

The four best Scaleups will also have the possibility to be privately funded with around €1M with the help of Blumorpho, Odense Seed and Venture and Chrysalix that are part of the RobotUnion consortium.

Selected companies would be able to participate in a 12 months online Premium Acceleration Service, led by top Research and Technology Organizations from all over Europe, key world class digital ecosystem professionals and entrepreneurs, which will include:

  1. State-of-the-art technical support and access to “premier-class” technology provided by top Research and Technology Organizations like VTT, DTI, TU Delft, TECNALIA and PIAP.

  2. World class Training and high level Mentoring by a pool of tier 1 mentors from Google, Airbnb, Ikea, Yahoo, Prisa, Microsoft, among others, provided by ISDI.

  3. Internationalization services. Presence in top EU Scaleups events such as 4YFN@Mobile World Congress, Slush, Web Summit and International PR exposure powered by Mobile World Capital.

  4. Fundraising services provided by Blumorpho (private funding) and FundingBox (public funding).

  5. Engagement with world top industry leaders such as MADE representing world

    Manufacturing leaders like Danfoss, Grundfos, Vestas or LEGO among others. ARLA in Agro Food; FENIN in Healthcare and FERROVIAL in Civil Infrastructure.

RobotUnion is looking for Scaleups in the robotics sector. We will prioritize the following verticals: Agrifood, Healthcare, Inspection and maintenance and Manufacturing, but we will accept any project in the robotics arena.

Dateline for submission: July 3rd, 2018 at 13:00 CET

 
Source: RobotUnion
 

Illustration Photo: TerraSentia, a new lightweight, low-cost agricultural robot, could transform data collection and field scouting for agronomists, seed companies and farmers. (credits: Claire Benjamin / University of Illinois / Flickr Creative Commons Attribution 2.0 Generic (CC BY 2.0))

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