CaixaBank and the EIC launch a pilot to source agri‑tech from EIC‑funded companies

Brussels, December 13th 2021
Summary
  • CaixaBank, through AgroBank and CPC, and the European Innovation Council launched an agrotech procurement pilot targeting EIC-funded startups and SMEs.
  • The open call invited solutions in six strategic areas including precision farming, robotics, biotechnology, circular economy, water and energy efficiency, and new digital marketing models.
  • Applications from eligible EIC beneficiaries were accepted until 21 January 2022 and finalists would present to EIC and AgroBank for coaching and commercial access.
  • The initiative offers access to CaixaBank/AgroBank sales channels, specialised coaching from the EIC, and potential procurement and financing opportunities, while raising governance and data sharing questions.

CaixaBank and the European Innovation Council pilot procurement to bring agri‑tech to Spanish and Portuguese farms

In late 2021 CaixaBank and the European Innovation Council launched a pilot titled Innovation Procurement pilot in AgroTech: Looking for technological disruption. The aim was to identify EIC‑funded start‑ups, scaleups and SMEs with market ready technologies that could help modernise agriculture and livestock sectors in Spain and Portugal. The initiative combined the EIC's network of beneficiaries with CaixaBank's AgroBank business line and commercial channels.

What the pilot offered and why it matters

The pilot positioned itself as an applied procurement and commercialisation exercise. Selected companies would gain specialised coaching from the EIC and access to CaixaBank and AgroBank expertise and sales channels. CaixaBank framed the programme as a way to bring innovation into rural areas, increase productivity, improve sustainability, and open new markets for agri‑tech providers. For the EIC, the pilot represented a route to market for companies already supported by its funding instruments.

Innovation procurement explained:Innovation procurement uses a buyer or public sector organiser to specify a need and then source novel solutions. In this pilot the buyer role was effectively played by CaixaBank and AgroBank working with the EIC to identify suppliers. Procurement for innovation can accelerate adoption but requires clear contracting, performance metrics and attention to procurement law when public money is involved.

The technical priorities: six strategic areas

The open call targeted innovations across six priority categories. Each area combined established technologies with sector specific needs. The pilot emphasised applied, market ready solutions rather than basic research.

Priority areaScope and concrete examplesIntended sector outcomes
Precision farming, traceability and vertical agricultureIntegrated data collection, management platforms, decision support using satellite imagery, IoT, Big Data and blockchain for secure traceabilityImprove yield per hectare, farm level decision making and supply chain transparency
Robotics and digitalisationAutomation of repetitive processes, robotics for harvesting, sensor networks, process digitisation and workflow automationRaise productivity, reduce labour costs and enable 24/7 operations where suitable
BiotechnologyGenetic solutions, novel biological products, valorisation of biological waste and new bio‑based inputsNew products and practices that can increase resilience and resource efficiency
Sustainability, biodiversity and circular economyTools and services for biodiversity monitoring, circular business models, waste reuse and regenerative practicesReduce environmental footprint and create value from waste streams
Water and energy efficiencySystems for irrigation optimisation, water purification, desalination, and on‑site renewable energy for self consumption including battery storageLower resource use and improve operational resilience
New digital marketing modelsE‑commerce marketplaces, farm to fork platforms and digital supply chain solutionsOpen new routes to market and shorten distribution chains

Who could apply and how selection worked

The call was limited to beneficiaries of EIC funding programmes. The EIC reported more than 5 000 start‑ups and SMEs funded across 37 EU Member States and associated countries over the programme period. Eligible companies were startups, scaleups or SMEs with ready for market solutions in the priority areas. Applications were collected through the EIC Community Platform and the public deadline was 21 January 2022.

Selection and support:Finalists in each category would present their projects to representatives of the EIC and AgroBank. Selected companies would receive specialised coaching from the EIC, business support and access to CaixaBank and AgroBank channels to commercialise their solutions. CaixaBank and AgroBank indicated they would use their network, including AgroBank's roughly 1 300 specialised offices in Spain, to promote selected offerings.

What participants were promised

The pilot combined several potential benefits for participating companies. Those included top‑tier coaching from the EIC Business Acceleration Services, opportunities to pilot or deploy solutions via AgroBank customer networks, visibility and potential access to new financing services. CaixaBank also highlighted co‑creation initiatives it runs with startups such as Zone2Boost, Start4big and the DayOne Open Innovation Programme as examples of its wider corporate innovation activity.

Context in Spain and the EU

CaixaBank framed the move as consistent with its wider commitment to working with startups to accelerate innovation and help move solutions to market faster. The bank said agriculture represented around 9 percent of Spanish GDP and that the sector's future depends on digital transformation and automation. The Covid‑19 pandemic was cited as having amplified the need for strategic autonomy and digitalisation in agricultural and livestock systems across Europe.

The EIC and EISMEA:The European Innovation Council is the EU's flagship support mechanism for high risk, high potential innovation. The EIC's programmes include grants, business acceleration services and an EIC Fund that co‑invests with private capital. The European Innovation Council and SMEs Executive Agency, EISMEA, manages many operational aspects of the EIC.

Risks, limitations and governance questions

Partnerships that link public innovation networks with large corporate channels can accelerate uptake but also create tensions. There are practical and policy issues to watch, including: how procurement processes are structured, whether startups retain independence in commercial terms, how data is shared and protected, and how the benefits are measured.

Data sharing and consent:The official call made clear that application data would be shared with CaixaBank and AgroBank to facilitate selection and commercial engagement. That sharing is subject to applicant consent and to EU data protection rules. Startups should treat such sharing as a commercial as well as a legal decision and satisfy themselves on how their data will be used and stored.
Procurement and fair competition:Because the initiative is framed as an innovation procurement pilot, organisers must ensure transparent rules on selection, intellectual property, pricing and trial conditions. Startups should clarify whether engagement leads to direct procurement contracts, trials, or mere commercial introductions.

The initiative also raises the usual scaling tradeoffs for startups. Corporate distribution brings reach but not always product‑market fit. Pilots in real farms surface operational complexities and can require additional capital and time. Promises of 'access to customers' are valuable but must be backed by specific deployment plans and measurable outcomes.

How to apply and program timeline

EIC beneficiaries were invited to submit candidatures via the EIC Community platform. The published deadline for the open call was 21 January 2022 at midnight Central European Time. Shortlisted finalists were to present to the EIC and AgroBank with selected participants receiving coaching and commercial support thereafter. The EIC Business Acceleration Services indicated participants would be asked to fill brief surveys after events and after six months to document impact.

Final assessment

The CaixaBank‑EIC pilot combined two credible assets: a large corporate sales channel in the Spanish agricultural market and a pipeline of deep tech companies supported by the EIC. That combination can help move innovations out of pilots and into operations. At the same time the real test is in measurable deployments, commercial contracts or finance concluded, and in whether small companies retain appropriate commercial terms.

Startups considering participation should review data sharing terms, clarify the exact nature of commercial access being offered and ask for explicit criteria used in selection. Policymakers and innovation agencies should monitor outcomes from the pilot and publish results so the wider ecosystem can judge whether this model is an effective route to scale agri‑tech across the EU.