
Why this Challenge?
McKinsey is committed to helping organizations accelerate sustainable and inclusive growth. The Firm works with clients across several sectors, combining bold strategies and transformative technologies to solve complex problems and create positive change for all their stakeholders.
Together with France Deeptech (ecosystem supporting the creation, growth, and scaling of DeepTech startups in France), we have a 2-fold objective of supporting the growth of DeepTech scale-ups and promoting the adoption of DeepTech within large companies.

Our Startup Challenge

EU ambition & sovereignty: next gen of DeepTech made in EU
The Startup Challenge's Context:
EU is showing a growing technological lag behind the US and, in certain sectors, behind China, making DeepTech a priority and vital lever for Europe’s sovereignty. This gap, initially linked to the slower adoption of digital technologies, is now widening across a dozen technological fields critical for future competitiveness, such as AI, automation, and biotech. On top, in current EU environment, scaling and succeeding in finding the sweet spot for sustainable growth can be a challenge, being when entering new markets, developing products, deploying GTM strategies, looking for investments ...
What we are looking for:
We are keen on welcoming for this challenge Startups that are reaching an inflection point in their growth. This challenge is targeting especially the fields that are crucial for EU sovereignty (e.g. DeepTech, Climate & Energy, Artificial Intelligence, Health & BioTech, Quantum Computing, Automation, Advanced Materials...).
The three winners:
• Women in DeepTech: Recognizing a female CEO who has demonstrated outstanding leadership in DeepTech, or an innovative solution that significantly advances the inclusion and representation of women in the DeepTech ecosystem.
• Decarbonation: Recognizing a CEO who has demonstrated outstanding leadership in Deeptech, or an innovative solution that significantly advances decarbonization in the Deeptech ecosystem.
• IA & Robotics: Recognizing a CEO who has demonstrated outstanding leadership in Deeptech, or an innovative solution that significantly advances AI and robotics in the Deeptech ecosystem.
Selection Criteria
Size and maturity
Minimum 100M€ of valuation
Geography
Headquartered in Europe
Deep Tech company
Patent/R&D focus, >30%
Research partnership or scientific lab origin
Scientifically qualified leader
Team & Management
Still partially or fully founders led
Growth acceleration
Entering new markets, developing new products, deploying GTM strategies, preparing for IPO...
Rewards
Timeline
Jury






FAQ
Who can apply?
Can I apply for more than one Startup Challenge/Award?
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Is applying for an Award or Startup Challenge free?







