EIC Tech to Market Venture Building runs Tech Demo Days as early-stage teams move toward market validation

Brussels, August 12th 2024
Summary
  • In July the EIC Tech to Market Venture Building Programme held Tech Demo Days in Health and Biotech and in Quantum tech and Electronics where 23 EIC Pathfinder and Transition teams pitched to expert panels.
  • Two projects highlighted were PULSE-COM, developing a sunlight-activated photomobile polymer for sensors and actuators, and HYPERSTIM, building ultra-thin neural interfaces and advanced stimulation protocols.
  • Participants valued expert feedback and peer learning and advanced to the Programme's Opportunities' Exploration phase for feasibility guidance.
  • External advisors stressed the need to connect research to real users, build complementary teams, and make tough decisions early to improve commercial prospects.
  • The Venture Building pathway comprises four phases from Tech Demo Days to venture support services and is part of EIC Business Acceleration Services. The T2M programme later entered a pause and is expected to resume in 2026.

EIC Tech to Market Venture Building: Tech Demo Days and the push from lab to market

In July the EIC Tech to Market Venture Building Programme, an EIC Business Acceleration Service, ran the final Tech Demo Days in two thematic tracks. The events focused on Health and Biotech and on Quantum tech and Electronics. A total of 23 teams funded under EIC Pathfinder and EIC Transition presented their technologies to panels made up of market, technical and investment experts. The Tech Demo Days are the formal entry point to a structured venture building journey that the EIC offers to early-stage deep tech innovators.

How the Tech Demo Days work and who ran them

The Tech Demo Days are designed to surface commercially promising ideas from research projects and to expose teams to critical market-facing feedback early on. The sessions combined thematic exploration workshops with direct feedback from EIC programme managers and external experts. The events were organised with the collaboration of EIC Programme Managers Isabel Obieta and Samira Nik.

Tech Demo Days purpose:To assess early commercial potential, deliver focused market and pitch feedback, and identify teams that should enter the deeper Venture Building pathway with mentoring, recruitment support and specialist advisory services.

Project snapshots from beneficiaries

Two participants provided concrete examples of the kinds of deep tech entering the Programme. Both described substantial technical novelty but also the complex road ahead to reach customers or clinical deployment.

PULSE-COM: light-driven materials for movers and valves

Alessia Piccolo presented on behalf of PULSE-COM, an EIC Pathfinder project developing photomobile polymers. The team says it has created a next-generation photomobile polymer that activates and moves in response to sunlight. Proposed applications include solar cell movers and opto-valves and a new class of sensors and actuators. The project aims to change how devices are conceived in materials and mechatronics by embedding actuation directly into the material under ambient light stimulation.

Photomobile polymer explained:A polymer that undergoes controlled mechanical deformation when exposed to light. In practice this requires molecular designs that convert photon energy into directional motion, reproducible cycles of activation, and material stability for manufacturing and deployment. Scaling from lab demonstrations to components for industry typically involves reproducibility, durability testing, and integration with other systems.

HYPERSTIM: ultra-thin neural interfaces and virtual electrodes

Frederik Ceyssens represented HYPERSTIM, an EIC Pathfinder project that focuses on improving the resolution of electronic interfaces to the nervous system. Their approach combines a fabrication method for ultra-thin microelectrode arrays with an insertion method to place implants that are about as thin as a single cell. The team also develops advanced stimulation protocols that they describe as creating 'virtual electrodes', intended to produce spatial resolution that exceeds the number of physical electrodes present.

Ultra-thin microelectrode arrays and virtual electrodes:Microelectrode arrays are small electrode grids used to record from or stimulate neural tissue. Reducing thickness lowers tissue damage and improves biocompatibility but raises manufacturing and handling challenges. Virtual electrodes are software or stimulation-pattern driven constructs that shape current spread to localise stimulation beyond the physical electrode geometry. While promising, clinical translation requires long-term reliability data, biostability, and regulatory pathways for implantable devices.

Both teams emphasised that the most valuable element of the Tech Demo Day stage was direct interaction with experts. Alessia said the expert advice helped make their activities more efficient and effective and that listening to other teams broadened their approach to market. Frederik noted that the exercise helped to polish their presentation and strategy and to practice communicating with both technical and financial interlocutors.

PULSE-COM and HYPERSTIM were accepted to the Programme's Opportunities' Exploration phase. That phase provides feasibility guidance from a multidisciplinary team with business insights and tailored recommendations for improvement.

Expert perspectives and practical advice

The event also included input from external advisors who work at the interface of technology, strategy and investment. Two of the advisers who commented were Marcel Quintana, Technology, Strategy and Innovation Advisor, and Sandrine Egron, Investment Director at 50 Partners Health. Both framed the Venture Building service as an important bridge from research to business.

Marcel argued that these programmes are particularly important in Europe to close the gap between academic research and commercially viable products and services. He described the EIC Tech to Market programme as comprehensive because it supplies training, mentoring and ecosystem connections as well as expert advice to shape project ideas and engage partners.

Sandrine emphasised the ecosystem role of such programmes and recommended early expert support for entrepreneurs. When asked for two practical pieces of advice for early-stage teams, each expert offered clear guidance.

Advice from Sandrine Egron:For Pathfinder projects, prioritise a field user or client approach. Founding teams should think through why, how and when a client company would use the technology. Understand the change it brings for the user and whether the improvement is sufficient that the user will pay. Go into the field and validate assumptions with real users. For more advanced projects, present a business plan, sales strategy and client pipeline.
Advice from Marcel Quintana:First, focus on team composition and assemble a balanced and complementary initial team that shares common goals, motivation and core values. Second, do not hesitate to take tough decisions after careful analysis. Addressing difficult choices early in technology development, commercial strategy or team composition will benefit the project sooner rather than later.

What the Venture Building Programme delivers

The EIC Tech to Market Venture Building Programme is meant to help build start-ups from promising research results through a combination of discovery, validation and venture creation services. The Programme onboards EIC Pathfinder and EIC Transition beneficiaries and guides teams through four core phases. It also offers on-demand services managed proactively by EIC programme managers.

PhaseCore activitiesIntended outcomes
Tech Demo DaysThematic workshops, expert feedback, initial market assessmentSelection for the venture building journey and refined pitch
Opportunities' ExplorationFeasibility assessment by multidisciplinary experts, recommendationsClearer market fit hypotheses and technical or commercial next steps
Team creationRecruitment services, entrepreneurs in residence, talent brokerage eventsFounding team formation and access to co-founders or key hires
Venture support servicesAdvisory in IP, finance, HR, regulatory and bespoke advisoryActionable plans for company creation, fundraising readiness and scale

The Programme also ran calls for experts and entrepreneurs in residence to populate its mentorship and recruitment pools. At the time of the broader Programme documentation these applications were closed with plans to reopen in 2026.

Context and caveats for deep tech commercialisation in Europe

The EIC Tech to Market Venture Building Programme sits within a broader effort by the European Innovation Council and the European Commission to shorten the path from public research to commercial outcomes. Europe has strengthened funding instruments for deep tech but still faces challenges such as smaller later-stage venture capital pools relative to the United States, fragmented markets across member states, and complex regulatory and standards regimes for devices and therapeutics.

Programmes that pair technical teams with market experts can reduce risk and accelerate learning. They do not guarantee commercial success. For hardware, materials and medtech projects in particular the path to market is capital intensive and requires manufacturing scale, regulatory clearance and long customer sales cycles. Participants who receive helpful feedback still need follow-on funding, operational capacity and often additional domain expertise to turn demonstration prototypes into revenue generating products.

Next steps for teams and how to get help

PULSE-COM and HYPERSTIM advanced to the Opportunities' Exploration phase where they will receive feasibility guidance and recommendations from a team of business-savvy experts. For teams interested in engaging with the EIC Tech to Market services, the EIC Community helpdesk can be contacted and the correct subject selected to speed replies. The Venture Building and Entrepreneurship offerings are part of the EIC Business Acceleration Services portfolio.

Where to seek support:Use the EIC Community contact page and choose the appropriate subject line such as EIC T2M Venture Building Programme. That will direct your query to the helpdesk that supports EIC Business Acceleration Services.

A note on programme availability. The EIC Tech to Market Programme was documented as being paused and expected to resume activities in 2026. Prospective participants and experts should check the EIC and EIC Community webpages for the latest status before applying.

Concluding assessment

The Tech Demo Days format achieved its immediate goal of exposing early-stage teams to market scrutiny and mentoring. Participants reported clear benefits in improving pitch materials, market analysis and value proposition framing. External advisors reiterated familiar but critical points about user validation, team composition and the need for early tough decisions. The real test for the Venture Building pathway will be whether it can reliably convert improved commercial readiness into successful fundraises, industrial partnerships or customer wins. That will depend on follow-on financing, regulatory progress for clinical and device projects, and the programme's sustained ability to match deep tech teams with operational and commercial talent.

DISCLAIMER: The information presented here was prepared from EIC Community communications and interviews with programme participants and advisers. It is provided for information and knowledge sharing and does not represent the official view of the European Commission or any other organisation.