Inside cohort four of the EIC Women Leadership Programme: what happened, what it means, and what comes next

Brussels, May 24th 2024
Summary
  • The 4th cohort of the EIC Women Leadership Programme ran from February to May 2024 and included 36 women from 18 industries and 18 countries.
  • Training covered personal branding, leadership styles, DEI, negotiation and growth strategies and included mentoring and business coaching delivered by Impact Hub Global and Female Founders.
  • Participants and mentors reported personal and professional gains but the programme remains small and its long term impact is not yet measured.
  • The EIC positions the programme within a broader push to reduce the gender gap in EU innovation activity with supportive statistics but these do not yet demonstrate causation.
  • Applications for further cohorts continue with the 5th cohort underway and a 6th cohort aimed at founders and C-suite women opening for applications at the end of June 2024.

Inside cohort four of the EIC Women Leadership Programme

Between February and May 2024 the European Innovation Council Women Leadership Programme completed its fourth cohort. Organised by the EIC Business Acceleration Services and run in collaboration with the European Institute of Innovation and Technology the programme brought together 36 women from 18 industries and 18 countries. The initiative mixes weekly training sessions with personal mentoring and business coaching. Participants and implementers emphasised the cohort experience as a space for mutual support and skills development. At the same time the programme is modest in scale and there is limited public evidence so far about long term outcomes.

What the programme provided

Cohort four combined virtual and in person activity. Sessions were timetabled for business mornings and typically lasted two hours per week. The learning agenda covered personal branding leadership styles diversity equity and inclusion negotiation tactics pitching and growth strategies. Participants also received one to one mentoring from experienced entrepreneurs investors and CEOs and access to tailored business coaching to work on concrete business goals such as fundraising and internationalisation.

Training format and content:Weekly interactive sessions included hands on exercises case studies and keynote testimonies. Core topics reported for cohort four included personal branding leadership styles DEI negotiations pitching public speaking and growth strategy.
Mentoring and coaching:Each participant was matched with a mentor from a pool that included CEOs investors and serial entrepreneurs. Mentoring sessions focused on confidence in decision making prioritising business choices work life balance and pitch refinement. Business coaches supported more technical business tasks such as identifying market opportunities and preparing for fundraising and international expansion.

Voices from the cohort and delivery partners

Public comments from participants and implementers emphasised the cohort as a psychologically safe environment and a space for peer support. Roberta Pellegrino co founder of Ludwig said she valued the programme as a safe space and promised to increase collaboration with other women. Maria Majellaro Chief Scientific Officer at Celtarys described a personal transformation and recommended the programme for those seeking self discovery and growth.

Mentors underlined that the relationship can be reciprocal. Mentor Martin Desmaras said his mentee inspired him while they worked on confidence decision making work life balance and pitching skills ahead of fundraising and internationalisation. Implementers Impact Hub Global and Female Founders called cohort four positive and highlighted that participants shifted their focus from producing a single outcome to valuing community building.

Who implemented the programme:The cohort was implemented by Impact Hub Global and Female Founders. The EIC Business Acceleration Services contracts external implementers to run cohort activity and to deliver mentoring and coaching components.

Eligibility and how the programme fits into the EIC ecosystem

The programme is open to women researchers aspiring leaders and entrepreneurs within the EIC and EIT beneficiary communities. The EIC runs distinct cohort tracks. Advanced entrepreneurial cohorts target experienced women leaders including co founders and C suite executives. Researcher cohorts target women in academia and research who want to commercialise technologies and build leadership skills. Sessions combine strategic training networking and personalised support to help participants scale their projects and raise funding.

Eligibility and cohort types:Eligible candidates include women from EIC and EIT beneficiary ecosystems. Advanced entrepreneurial cohorts are aimed at co founders and C suite leaders. Researcher cohorts are tailored to women academics and researchers who want to become entrepreneurs.

Scale timetable and next cohorts

The EIC communicated that cohort five started in April 2024. The call for the sixth cohort is scheduled to open at the end of June 2024. The sixth cohort is described as being specifically for entrepreneurial women founders and C suite leaders and is planned to start in autumn 2024.

CohortPeriodNotes
4th cohortFebruary to May 202436 participants from 18 industries and 18 countries
5th cohortStarted April 2024Underway at the time of reporting
6th cohortApplications open end of June 2024 Start in autumn 2024Targeted at founders and C suite women

EIC positioning and headline gender data

The EIC frames the Women Leadership Programme as part of a broader strategy to improve gender balance across its funding and support instruments. The EIC provided snapshot figures for 2024 showing progress but not causation. These statistics are useful for context but they do not prove the programme alone changes the status quo.

MetricReported figureContext
Share of companies supported in EIC Accelerator that are women led in 202430 percent or 42 companiesPercentage refers to companies with female CEO CTO or CSO
Overall EIC portfolio women led companies134 companies or 19 percentPortfolio wide figure across EIC investments
EIC Pathfinder projects coordinated by women24 percentResearch stage projects
EIC Transition projects coordinated by women23 percentProjects moving research toward market readiness
Related EIC initiatives:The EIC also runs Women TechEU an initiative for early stage deep tech startups led by women and the European Prize for Women Innovators an annual award recognising disruptive innovations by women.

Assessment: strengths and limits

Programmes that combine peer support training mentoring and business coaching address several documented barriers women face when scaling deep tech ventures. These include limited access to relevant networks lower investor exposure and the uneven distribution of responsibility that affects time available for growth oriented tasks. The cohort model helps with role modelling and short term confidence building.

At the same time cohort four illustrates the limits of the current approach. With 36 participants the initiative is far too small to shift structural metrics across European deep tech ecosystems alone. Positive testimonials are encouraging but anecdotal evidence does not substitute for robust outcome measurement. If the EIC aims to claim systemic impact it needs to publish longitudinal data on outcomes such as funding raised promotions or business growth among alumni retention of mentors active network engagements and measurable improvements in investor access.

Suggested evaluation metrics:To demonstrate impact the programme should track alumni fundraising amounts promotions hires company revenue growth international expansion and continued mentor engagement at intervals such as six months one year and three years after completion.

What this means for women innovators in Europe

For individual participants the programme can be valuable as a concentrated professional development and networking opportunity. For the EIC and policy makers the programme is a visible and positive component of a broader gender strategy. For advocates and funders the immediate priority should be to scale interventions that show measurable outcomes and to integrate programmes like this with funding pipelines investor introductions and market access services so that gains in confidence translate into measurable business results.

Aspiring applicants should monitor the EIC Community Platform and sign up to the EIC Business Acceleration Services newsletter to receive alerts when applications open. The EIC directs potential applicants to apply through the EIC Community and to use the programme page for updates and FAQ.

How to stay informed and apply:Watch the EIC Community Platform and subscribe to the EIC BAS newsletter for calls. The 6th cohort application window was scheduled to open at the end of June 2024 for a start in autumn 2024 and targeted founders and C suite women from the EIC and EIT ecosystems.