EIC Soft-landing Programme: How 15 European health scaleups were immersed in Silicon Valley and what it means for EU internationalisation

Brussels, May 29th 2024
Summary
  • The EIC Soft-landing Programme ran a five day immersion in San Francisco and Silicon Valley for 15 EIC-backed health and life sciences scaleups from 19 to 24 May 2024.
  • Participants received bespoke market training, investor introductions, pitching and networking supported by local partners including Stanford Medicine, INSEAD San Francisco, NASDAQ Entrepreneurial Center and the EU office in San Francisco.
  • Selection for the cohort was competitive and based on market entry plans, commitment of resources, fit with market need and contribution to EU strategic autonomy.
  • EIC positions the programme as a stand-alone business acceleration service and as a building block of a broader Global Business Expansion strategy, but long term commercial outcomes remain to be demonstrated.
  • Ligence, an AI echocardiography scaleup, reported that the programme changed their assumptions about US market entry and prompted adjustments to their US strategy.

EIC Soft-landing Programme: European health scaleups take Silicon Valley training and networks

From 19 to 24 May 2024 the European Innovation Council organised a focused Soft-landing week in San Francisco and Silicon Valley aimed at helping selected EIC-backed health and life sciences scaleups accelerate US market exploration. The cohort of 15 companies completed three months of preparatory work and then participated in a five day immersion featuring workshops, investor introductions, site visits and a public networking event called the European Innovation Spotlight.

What the programme offers and how it fits into EIC services

EIC Soft-landing Programme explained:The Soft-landing Programme is an exclusive business acceleration service for EIC awardees that have launched and gained traction outside their home market and want to expand into a new market. It provides customised guidance, market-focused training and curated introductions so companies can explore international opportunities while maintaining operations at home.
Relation to other EIC activities:The initiative builds on prior pilots such as the EIC International Trade Fairs and USA Soft-landing Programme 3.0. It now sits alongside the EIC Global Business Expansion Programme which aims to broaden and professionalise international support for EIC-backed innovators.

The programme is positioned by the EIC as a bridge between European innovation and established international ecosystems. Organisers say the aim is to help companies gain credibility, meet potential partners and investors, and recalibrate go-to-market plans based on local intelligence. For the May 2024 edition the sectoral focus was health and life sciences.

Selection criteria and expectations from participating companies

Key selection requirements:External experts select companies based on a documented plan to enter the target market, the expected impact of participation, fit between product or service and market needs, the applicant's commitment of financial and human resources to the programme, and contributions to EU strategic autonomy as a technology powerhouse.

The requirement to demonstrate contribution to EU strategic autonomy is notable. This reflects EU policy priorities that favour technologies strengthening European technological sovereignty. For companies this adds a policy dimension to commercial planning and may shape which projects receive priority access to EIC acceleration resources.

The San Francisco and Silicon Valley week in practice

The closing week followed three months of remote training and mentorship. It was structured as an intensive entrepreneurial bootcamp combining practical sessions, high level meetings and public events. Hosts and partners included the EU office in San Francisco, Stanford University School of Medicine, INSEAD San Francisco Hub, NASDAQ Entrepreneurial Center, San Francisco Bay Area Council and the Commonwealth Club.

DayFocusTypical activities and partners
MondayMarket and leadership trainingWorkshops with INSEAD covering strategy and leadership
TuesdaySilicon Valley ecosystem and capital marketsSessions at NASDAQ Entrepreneurial Center and visits to corporate or investor hubs
WednesdayAcademic and clinical engagementMeetings at Stanford Medicine including Chan Zuckerberg BioHub and Stanford Medicine Venture Fund representatives
ThursdayIndustry and investor engagementEngagements with Bay Area Council members and venture investors at Bay Area Council headquarters
FridayBranding, funding insights and networkingBrand training by Goodby Silverstein, session on funding access and European Innovation Spotlight networking event

Each company had opportunities to pitch to venture capitalists and healthcare industry leaders and to participate in workshops on business modelling, valuation and brand strategy. EIC officials including Jean-David Malo of EISMEA attended and framed the programme as helping European innovators to become global champions.

Who took part in the health cohort

The 15 selected scaleups represented a range of health and life sciences technologies. The cohort list and country of origin are shown in the table below.

CompanyCountry
ABCDxSpain
Actome GmbHGermany
AkaraIreland
Augmedit B.V.The Netherlands
Bluedrop MedicalIreland
Celtic BiotechIreland
ImmunethepPortugal
INBRAIN NeuroelectronicsSpain
NETRIS PharmaFrance
LigenceLithuania
Luminate MedicalIreland
Peptomyc S.L.Spain
SentryXThe Netherlands
UroMemsFrance
VitaleraSpain

Case example: Ligence and the value of immersion

Ligence is an AI echocardiography company that automates cardiac ultrasound interpretation and reporting. Company executives praised the programme for forcing them to revisit assumptions about US market entry. They said the training changed how they would engage key opinion leaders, collaborate with hospitals and seek US investment.

Why the shift matters for a medtech AI company:Entering the US health market requires adapting to different clinical workflows, regulatory timelines such as FDA clearances, reimbursement pathways and hospital procurement practices. Direct exposure to clinicians, hospital administrators and US investors can surface operational gaps that are not visible from Europe.

Partners and the role of local expertise

The programme relied heavily on local partners to deliver sector specific insights and access. Partners contributed mentors, venue access, introductions to investors and visits to research and clinical sites. EIC credited the involvement of high profile organisations and an experienced EIC ambassador, Jillian Manus, for leveraging networks and preparing companies for US engagement.

What partners provide in practice:Partners supply market intelligence, credibility by association, introductions to potential customers and investors, and tailored workshops on topics such as branding, regulatory strategy and fundraising. This practical input is often the core value of short immersion programmes.

Programme claims and caveats to watch

The EIC frames the Soft-landing as a means to help participants become global leaders. That is an ambitious claim for a week long immersion. Practical benefits from these programmes tend to come from warm introductions and knowledge transfer. Success depends on follow through by the company and on whether the introductions translate into pilots, partnerships or funding.

Limits of short immersive programmes:A five day visit cannot substitute for sustained market presence. Regulatory approvals, reimbursement negotiations and procurement cycles in healthcare take months or years. The programme can accelerate learning and open doors but it is only one element in a long market entry process.

Evaluation metrics for the EIC should track concrete outcomes such as number of follow up meetings, pilot contracts, investor commitments and hires in target markets. Public communications from the EIC emphasise branding and exposure but provide less detail on measurable commercial outcomes to date.

Broader EIC internationalisation architecture and future missions

The Soft-landing edition in May 2024 is one piece of a broader set of EIC internationalisation services that include the International Trade Fairs Programme and a newly configured Global Business Expansion Programme. The ITF 3.0 runs trade fair missions across sectors and regions while the Global Business Expansion Programme aims to systematise immersive support for scaleups entering strategic markets.

ProgrammePurposeTypical activities or outputs
EIC Soft-landing ProgrammeShort immersive market entry support for selected awardeesBootcamps, investor pitches, local introductions, partner-led workshops
EIC International Trade Fairs Programme 3.0Expose companies at sector trade fairs across EU and extra EU marketsExhibition space, matchmaking, coaching, follow up support
EIC Global Business Expansion ProgrammeConsolidate and scale international support based on pilotsExtended missions, tailored coaching and market entry frameworks

EIC also publishes mission calendars and open calls. Upcoming fair schedules cited by EIC include CES, Mobile World Congress and BIO conventions in 2026 among other events. The EIC says more missions will be announced as the Global Business Expansion Programme evolves.

How to engage and next steps for applicants

EIC awardees interested in the Soft-landing or other internationalisation services should consult the EIC Community platform for open calls and guidance. Applications typically require a description of internationalisation strategy, evidence of market fit and a resource commitment. Questions can be routed via the EIC Community helpdesk under the relevant programme category.

Practical application advice for companies:Prepare a succinct market entry plan, specify intended outcomes from the immersion, designate team members who will attend, and be ready to show how participation will contribute to measurable milestones such as pilots, regulatory steps or fundraising.

Conclusion: useful stepping stone with measurable follow up needed

The EIC Soft-landing week in Silicon Valley is a high value exposure opportunity for a small number of carefully selected European health scaleups. It delivers condensed market knowledge and networks that can shorten learning cycles. However the long road to meaningful commercial traction in the US requires sustained effort, regulatory planning and capital. For the EIC the challenge will be to demonstrate that these selective immersions convert into durable outcomes and to report transparent impact metrics that go beyond visibility and branding.

For companies, the programme is most valuable when combined with a longer term internationalisation plan and sufficient budget to capitalise on introductions. The EIC is building an expanding toolbox for international support. The test now is whether that toolbox helps turn Europe backed innovations into commercially sustainable presences in global markets.