Prize money and cost coverage
Prizes will be awarded to the winners of all three stages of the European Health Catapult.
Pre-Selection: At the regional pre-selections in total 42 teams (14 per category) will be nominated for the Semi-Finals. The Semi-Finals will include: review of the Business Plan, pitch training, exposure to experts and investors. The teams will receive a travel grant for the Semi-Finals.
Semi-Finals: At the three category specific Semi-Finals in total 21 teams (seven per category) will be nominated for the EHC Final and awarded with the invitation to pitch at the EIT Health Summit. They receive a travel grant. For increasing visibility each of the 21 finalists receives prize money dedicated to the production of a pitch video that will be included in EIT Health PR.
Final: At the EIT Health Summit, the “best of the best” business plans in the categories Medtech, Biotech and Digital Health will be selected by a panel of experts. The overall prize money awarded by EIT Health will be €135 000. In each category the first place will be awarded with 20.000 €, the second place with 15.000 € and the third prize with 10.000 €.