Pitch your innovation to worldwide leading companies, members of the First Movers Coalition(World Economic Forum initiative)!

The European Innovation Council (EIC) in collaboration with the First Movers Coalition (FMC) are organising a Pitching session in the context of the EIC Summit 2024.

First Movers Coalition is a global initiative led by the World Economic Forum focused on promoting the development and deployment of sustainable technologies of the future.

The Pitching session is carried out with support from the SPIN4EIC programme (EIC Flagship initiative on Innovation Procurement).

This pitching event is dedicated to matching EIC beneficiaries with private buyers' needs in the field of green hydrogen, alternative fuels and chemicals, CCU and Carbon Dioxide Removal technologies. Private buyers will include FMC members, and amongst others, Constellium, a global leader in the development, manufacturing, and recycling of aluminium products and solutions.

Are you an EIC Beneficiary? Do you have an interesting related innovation? Do you want to pitch it and discuss potential developments with buyers? Then, make sure to register your interest herebefore 15Februaryat 23.59h CET.

Seize the opportunity to connect with your future clients – don't miss your chance!

Background information

First Movers Coalition (FMC)

The First Movers Coalition (FMC) is a global initiative aimed at accelerating the deployment of critical technologies that can significantly reduce greenhouse gas emissions. It involves a group of leading companies and governments working collaboratively to advance the development and adoption of innovative solutions in areas such as energy, transportation, and industry. By bringing together key stakeholders, FMC aims to create a supportive environment for the early adoption of technologies that can play a pivotal role in addressing climate change.

EIC Summit

The European Innovation Council Summit 2024 edition will be part of the Research & Innovation week. The EIC flagship event will take place on 18 and 19 March 2024.

Day 2, 19 March, will be fully dedicated to EIC beneficiaries with workshops covering diverse issues for researchers and entrepreneurs, such as intellectual property rights, investments, or scaling up your company. The EIC pitching to Procurers from the First Movers Coalition will occur during Day 2. The agenda of Day 2 is available here.

Who can apply?

For this pitching opportunity, a total between 5 to 7 EIC Innovators will be selected to participate.

All EIC Beneficiaries involved in pioneering products or services related to green hydrogen, alternative fuels and chemicals, CCU or Carbon Dioxide Removal technologies, who have developed or are in the process of creating solutions for the challenge below and who are ready to pitch their solutions, are invited to respond to this call.

Challenge description

The current energy crisis underlines our over-dependence on fossil resources across all industrial sectors: energy generation and the provision of everyday goods is heavily reliant on the steady extraction and utilisation of fossil resources, which serve both as a source of energy of carbon, e.g., to produce polymers for plastics.

Removing CO2 from the atmosphere or from industrial waste streams and turning it from a pollutant into a valuable resource offers a route out of this dependency on fossil fuels and their associated impacts on the climate and economic security. Renewable fuels and chemicals are synthetic fuels and chemicals produced from renewable energy, water and simple molecules. The products are manifold, ranging from hydrogen, sustainable aviation fuels to proteins for food and feed applications. Product-wise, there is no designated winner and the current quest is to find overall viable business models.[1]

There is a strong demand for innovative projects which can provide sustainable hydrogen, fuels and chemicals production at scale and at lower cost than currently possible. To link the demand and supply sides of this complex puzzle, this challenge seeks to showcase innovative tech suppliers and match them with companies interested in investing in their innovations.

¹European Innovation Council Tech Report 2023, Article “FUELS AND CHEMICALS FROM THE SUN – A POTENTIAL GAME CHANGER FOR OUR CURRENT ENERGY AND PRODUCTION SYSTEM”, C. Faber

Application process

You can apply by clicking on this link.

Please note the following application requirements:

• Only applications in English will be considered; and
• Applicants will be asked to upload their pitching deck (in PDF) to allow the jury to gain a comprehensive understanding of their value proposition and assess the company´s suitability to participate in the pitching event. The pitching deck should include information about the solution, market, competition, business model, roadmap, team, and financial needs, among others.

A pitching guiding session will be organised for the selected EIC Beneficiaries two weeks before the event, to help you prepare your pitch and presentations.

Applicants are kindly requested to apply only if they can commit to participating in both of the following sessions:

- A 2/3 hours online pitching guiding session: week of 04/03

- The Event Day, scheduled to take place on site, in Brussels: 19/03/2024

Please note that the SPIN4EIC programme does not cover the expenses related to event participation, such as travel and accommodation; thus, participants are responsible for covering the costs associated with the participation.

Selection process

Please acknowledge the information you provide on the application form will be shared with the buyers to maximise potitential benefs and ensure the effectiveness of meetings. The buyers, based on their business interests, will select the final list of 5 to 7 participants among the applicants.

SPIN4EIC will contact all applicants once the selection process has been concluded, the week of the 26/02. This contact does not include feedback or recommendations for those not selected.

Cancellation policy

Cancellations will only be considered in duly documented cases of “force majeure”. Unjustified cancellation can lead to exclusion in future Business Acceleration Services events.

Should you have any questions regarding the event or your eligibility, please contact us through our our “Helpdesk” with the subject SPIN4EIC Pitching Event”.