EIT RawMaterials – ERMA Booster Call

Overview

The EIT RawMaterials ERMA Booster Call is an open funding opportunity for start-ups, scale-ups, and small to medium enterprises (SMEs) focused on the raw materials sector, particularly in extraction, processing, and recycling. It aims to assist companies equipped with innovative technologies and sustainable practices in achieving global success. The program offers grants of up to €2.5 million per project, with a total funding pool of €24 million, and includes non-monetary value-added services to support business growth and scalability. Eligible applicants include start-ups, scale-ups, SMEs, and other categories such as mining and recycling projects. The call emphasizes single applicants but does not explicitly mandate consortiums. Geographic eligibility primarily covers EU member states and associated countries. The target sectors include environment, manufacturing, and energy. The call will be open for submissions throughout 2024 and 2025, with multiple cut-off dates: March 24, June 16, and September 8, 2025. The expected duration for participation in the program ranges from a minimum of 6 months to a maximum of 18 months. In terms of project stages, the call targets various levels from early-stage development to advanced stages. The application process involves an evaluation system as outlined on the EIT RawMaterials website, but specific success rates are not detailed. Additionally, the call does not require co-funding, and its nature of support is financial. The application type is categorized as a rolling call, and the overall aim is to foster significant advancements in the raw materials value chain. The detailed project acronym for this initiative is EIT RM BP23-25, and more information can be obtained via the contact, Antonis Politis, Senior Business Development Manager at EIT RawMaterials.

Highlights

The EIT RawMaterials ERMA Booster Call is an open call for proposals throughout 2024 and 2025, seeking start-ups, scale-ups, and SMEs with advanced, innovative extraction, processing, and recycling projects in the raw materials sector. EIT RawMaterials aims to support these companies in scaling their businesses towards global success, offering investments of up to €2,500,000 in funding, along with comprehensive value-added services. The goal is to deliver a lasting, sustainable impact on the raw materials value chain. EIT RawMaterials acts as an impact investor and provides a global raw materials ecosystem, offering support from early stages to Series A funding. They aim to identify and empower companies revolutionizing the sector with breakthrough technologies and sustainable practices. The opening date for submissions is January 27, 2025. The deadline model uses multiple cut-off dates. The deadline dates are March 24, 2025, June 16, 2025, and September 8, 2025, all at 23:59 (Brussels time). The expected duration of participation is a minimum of 6 months and a maximum of 18 months. The total funding available is €24,000,000.00. The project acronym is EIT RM BP23-25. The full name of the EU funded project is EIT RawMaterials Business Plan 2023-2025. The grant agreement number is 101113034. The topic is HORIZON-EIT - EIT Raw Materials Business Plan 2023-2025. The evaluation process is described on the EIT RawMaterials website's call page. For further information, contact Antonis Politis, Senior Business Development Manager, at antonis.politis@eitrawmaterials.eu. In summary, the EIT RawMaterials ERMA Booster Call is a funding opportunity for start-ups, scale-ups, and SMEs in the raw materials sector focusing on extraction, processing, and recycling. It offers up to €2.5 million in funding, along with support services, to help companies scale and achieve a sustainable impact. The call is open throughout 2024 and 2025 with multiple deadlines in 2025. EIT RawMaterials aims to propel early-stage start-ups to market breakthroughs and aid more advanced enterprises in reaching vital milestones.

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Breakdown

Eligible Applicant Types:Start-ups, scale-ups, SMEs, and larger raw material extraction, processing, and recycling projects are eligible.

Funding Type:The primary financial mechanism appears to be investment, with funding up to €2,500,000, coupled with value-added services. It is also described as cascade funding.

Consortium Requirement:The opportunity does not explicitly state whether a consortium is required or if single applicants are allowed. However, the description focuses on individual companies (start-ups, scale-ups, SMEs) scaling towards global success, suggesting that single applicants are eligible.

Beneficiary Scope (Geographic Eligibility):The geographic eligibility is not explicitly stated in the provided text. Given that it is an EIT RawMaterials call, it is likely focused on EU member states and associated countries, but this is not definitively stated in the provided text.

Target Sector:The target sector is raw materials, specifically focusing on extraction, processing, and recycling. It also includes companies revolutionizing the sector with breakthrough technologies and sustainable practices.

Mentioned Countries:No specific countries are mentioned. The call is part of the EIT RawMaterials initiative, which operates within the EU framework.

Project Stage:The opportunity targets early-stage start-ups to more advanced enterprises, suggesting a range from early-stage development to reaching vital milestones, potentially including validation, demonstration, and scale-up.

Funding Amount:Up to €2,500,000 per project. The total funding available for the call is €24,000,000.

Application Type:The application type is an open call, specifically the ERMA Booster Call. It follows a multiple cut-off deadline model.

Nature of Support:Beneficiaries will receive both money (funding up to €2,500,000) and non-monetary services (comprehensive value-added services to enhance business growth and scalability).

Application Stages:The evaluation process is described on the EIT RawMaterials website, but the number of stages is not specified in the provided text.

Success Rates:The success rates are not mentioned in the provided text.

Co-funding Requirement:The text does not explicitly state whether co-funding is required.

Summary:

The EIT RawMaterials ERMA Booster Call is an open call for start-ups, scale-ups, and SMEs operating in the raw materials sector, specifically those involved in extraction, processing, and recycling. The call aims to support companies with innovative technologies and sustainable practices to scale their businesses and achieve global success. EIT RawMaterials offers investments of up to €2,500,000 per project, along with comprehensive value-added services. The call is open throughout 2024 and 2025, with multiple cut-off dates for submissions. The total funding available is €24,000,000. The program targets companies from early-stage start-ups to more advanced enterprises, helping them reach key milestones in their project development. The call is part of the EIT RawMaterials Business Plan 2023-2025 and aims to deliver a lasting, sustainable impact on the raw materials value chain. The application process involves evaluation as described on the EIT RawMaterials website. The expected duration of participation is a minimum of 6 months and a maximum of 18 months. The call seeks to propel companies towards market breakthroughs and assist them in achieving vital milestones, ultimately fostering growth and scalability within the raw materials sector.

Short Summary

Impact

The funding aims to support start-ups, scale-ups, and SMEs in the raw materials sector, specifically those involved in extraction, processing, and recycling, to achieve global success and sustainable impact.

Applicant

Applicants should possess innovative technologies and sustainable practices in the raw materials sector, with a focus on scaling their businesses.

Developments

The funding will be directed towards projects in raw materials extraction, processing, and recycling, emphasizing breakthrough technologies and sustainable practices.

Applicant Type

This funding is designed for start-ups, scale-ups, and SMEs operating in the raw materials sector.

Consortium

The funding is open to single applicants, allowing individual start-ups, SMEs, and mining/recycling projects to apply.

Funding Amount

Funding amounts can reach up to €2,500,000 per project, falling within the €1M€5M range.

Countries

The funding is primarily relevant for EU member states and EEA countries, as it is part of the EIT RawMaterials initiative.

Industry

This funding targets the raw materials sector, focusing on environment, energy, and manufacturing industries.

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