myEUspace competition 2021

• Move Me Smart
• Space My Life
• Our Green Planet
• Map My World
• Farming By Satellite
• Dive in Quantum

COMPETITION

Track 1: From Idea to Prototype/Customer validation

Teams are asked to turn their theoretical idea into a prototype/beta version of their product,articulate their value proposition and explore Problem-Solution Fit based on a validation test in a relevant environment. Projects expected to reach at least TRL 4.

Applications addressing the “Dive in Quantum” innovation area shall be submitted only in Track 1.

Track 2: From Prototype to Product/Market entry

Teams are asked to bring their prototype/beta version to a Minimum Viable Product (MVP), reach a functional stage and commercialization readiness and develop a value proposition to meet Product-Market Fit. Projects expected to reach at least TRL 9.

Important note: Each team can apply to one track only for the same idea.

The two Tracks will be executed in parallel and independently. The choice of track should follow the maturity stage of the solution at the time of the proposal’s submission.

PRIZES

First step: Submission

Track 1:

• The 23 best ideas, 4 per application area (with the exception of Dive in Quantum area in which up to 3 ideas will be selected), will receive a prize in amount of € 10,000 (ten thousand Euro) each to launch their prototype development.

Track 2: 

• The 20 best beta applications/prototypes, 4 per application area, will receive a prize in amount of € 15.000 (fifteen thousand Euro) each to complete the product development and achieve market entry.

Second step: Development Phase

Track 1:

• The 6 best projects, 1 per application area, will receive a prize in amount of € 25,000 (Twenty-five thousand Euro) each.

Track 2: 

• The 5 best projects, 1 per application area, will receive a prize in amount of € 50,000 (Fifty thousand Euro) each.

Third step: The Finals

Track 1: 

• The 6 best projects, 1 per application area, will receive an additional prize in amount of € 25,000 (Twenty-five thousand Euro) each.

Track 2: 

• The 5 best projects, 1 per application area, will receive an additional prize in amount of € 50,000 (Fifty thousand Euro) each.