Second edition of WomenTechEU supports 134 female-led deep-tech companies

18 April, 2023
Women in tech
The EU Commission announced the results of the second WomenTechEU call, targeting innovative European deep-tech companies founded by women. Almost three times as many companies have been selected this year compared to the pilot.

After its successful pilot, in 2022, WomenTechEU has launched a second call to boost innovation in Europe’s female-led deep-tech sector, with an increased budget of 10 million euro. Funded under the European Innovation Ecosystems work programme of Horizon Europe, 134 selected companies will be able this year to receive an individual grant of EUR 75 000 to support the initial steps of their innovation process and the growth of their company. Furthermore, all female founders are offered mentoring and coaching under the European Innovation Council (EIC) Women Leadership Programme, and dedicated networking opportunities across the EU.  

This second edition of WomenTechEU has attracted a record number of interest with 467 applications from 35 Member States and Horizon Europe Associated Countries. Following the evaluation, a panel of independent experts selected a total number of 134 companies for funding. They come from 26 different countries with 14% of companies based in countries associated to Horizon Europe and 15% from Horizon Europe widening countries.

All companies proposed for funding have in common that they apply cutting-edge deep-tech innovations while operating across 16 different industry sectors. The selected projects range from the development of new medical drugs to carbon capture technologies, digital learning solutions, or autonomous robotics solutions. Over 15 companies are university spin-offs. By combining innovative ideas, female entrepreneurship, and excellent research and development, this year’s companies selected for WomenTechEU will contribute to enhancing the quality of life for the citizens of the EU and beyond.

Read the full article here.