One of the objectives of the Business Acceleration Services available to companies funded by the EIC pilot is to help bridge the gap between SMEs and big corporates. To this end, the EIC pilot and Solvay promoted a networking and pitching event bringing together 19 innovators working in the fields of advanced composites, material engineering and IT solutions.
On 16 October 2018, selected companies funded by the European Innovation Council pilot, gathered at the Solvay Campus in Brussels to pitch their ideas, network and discuss with Solvay managers, venture capital investors and representatives from other large corporates like L’Oréal and Safran.
At the event, branded Stand Up for Start-Ups, the companies were divided into three pitching sessions: materials and composites, health and cleantech, and Industry 4.0. Each company delivered a tailored 7-minute pitch that was followed by a short Q&A. With more than 80 top-level executives and investors in attendance, there were also plenty of opportunities to discuss potential deals, investments and partnerships.
Talking to Floryan Decampo, Technology Scouting Portfolio Manager at Solvay Specialty Polymers, he stated “I think these are great events… really we can have quality time together and really go into detail with the companies.” Stéphane Roussel, Managing Director for Solvay Ventures, added that “There is a good breed of potential investments that can come out of this event. We’ll sure follow up with some of these companies.”