SoTecIn Factory has a 3.3 Million EUR fund available to support tech-social innovations.
In 2023, the project will launch its first round of Open Call for social innovators. The Open calls will award 50 European tech-savvy researchers, SMEs and startups with 15,000 EUR for their ideas. From this group, 30 innovators will engage in a pre-market technological demonstration with additional 85,000 EUR funding support.
Besides the equity-free funding up to 100,000 EUR, the innovators will benefit from:
- Direct support and guidance from a pool of mentors in the field for the deployment of their solutions.
- Access to specialized and qualified resources within various disciplines and technologies.
- The chance to solve concrete challenges and collaborate closely with industry partners, creating real impact in terms of resilience and sustainability.
- Participation in the design of new business models and in visibility actions that will foster the wide industry and market uptake of more resilient and inclusive tech-social innovations.
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