EIT Food

“We do have, for example, our own, we call it EIT impact fund basically operates as a VC and they invest in companies that are part of EIT food. So that's a prerequisite and they invest Anything up to 1.5 million euros per company, usually starting with about 5…”

“And so also within Rising Food Stars, it is our scale-up It is one actually of three of our flagship entrepreneurship programs. We work with the latest stage companies, and so any of our companies that we support in that program has to basically fulfill one of…”

“Also you as a founder, right? You're not a founder anymore. You're basically becoming a leader, a CEO. That's a switch that people also just have to do. And sometimes, yeah, sometimes miss to do correctly.”

“EIT is actually the largest network of food system actors in Europe.”

“We onboard only 15 new companies each year, but companies can stay with us for up to three years.”

“That's also an area that's really strongly increasing in popularity right now.”

“What we work with is quite IP heavy. So we don't work with the usual B to C consumer apps though I'm sure there's great solutions out there, but what we really focus on is more of a tech heavy focus, right?”

“Because you can't just have only startups, because they just won't be able to disrupt the system, right? So you need everybody else on board as well.”