Marketed Innovation Prize 2024

As a KIC, we, our partners and start-ups have continuously invested in innovation since our inception, bringing numerous products and services to market. We want to reward the success of our community and recognise the impact that the products and services derived from EIT Food projects and programmes have had, through a prize challenge.

The prize is open to all organisations who have developed a product or service that has reached the market, following their receipt of support from EIT Food.

The best marketed innovation per region (North-East, West & South) will be awarded a prize of €10,000 and the best marketed innovation of each of the five subcategories will be awarded a prize of €5,000 each.

All winners will also gain exposure for their work through promotional activities and media outreach by EIT Food, including but not limited to:

• News article and spotlight on the EIT Food communication channels, including an article on the FoodUnfolded platform
• The opportunity to present their initiative at an EIT Food-organised webinar, e-breakfast, or other events.”

• The Prize is open to all organisations who have been a named recipient of support from any Innovation, Education, Public Engagement or Business Creation project or programme, from 2021 to 2024. Note, the marketed innovation submitted must relate to the work done on the project or programme.

• The Prize is open to organisations:
  • who have been a named recipient of support from EIT Food who have not yet reported a marketed innovation with sales revenue of at least 10 000 EUR documented
  • who have already reported a marketed innovation with sales revenue of at least 10 000 EUR documented as part of their participation in one of our programs.The Prize is not open for entrants of the previous edition of the Marketed Innovation Prize (in 2022).

• The Prize is not open for entrants of the previous edition of the Marketed Innovation Prize (in 2022).

• Organisations are eligible to win more than one prize in this competition for the same innovation.

• The prize is open to all organisations who have developed a product or service that has reached the market, following their receipt of support from EIT Food, including organisations currently active in our programmes, and alumni.

All entries will be evaluated based on the following Selection Criteria, out of a maximum of 50:

• Quality of the Innovation (maximum 10 points)
• Strategic impact (maximum 20 points)
• Commercial success (maximum 20 points)