The European Innovation Council (EIC) and the European Institute of Innovation and Technology (EIT) have taken their partnership to the next level and launched June 15， a revamped European Prize for Women Innovators. This joint competition will reward an even wider community of women innovators, celebrating their achievements and giving them more opportunities. The awards will be given to the most inspiring women entrepreneurs whose innovation is creating a positive impact for people and planet. Three winners will be announced at the European Innovation Council Summit in March 2024 in each of the following categories:

Women Innovators: This category is open to all women founders and co-founders from across the EU and Associated Countries. The winner is awarded EUR 100 000, and two runners-up are awarded EUR 70 000 and EUR 50 000 respectively.

Rising Innovators: This category is open to promising young innovators under the age of 35. The winner is awarded EUR 50 000, and two runners-up are awarded EUR 30 000 and EUR 20 000 respectively.

EIT Women Leadership: This category is open to those with a direct link to the EIT Community or one of the existing Knowledge and Innovation Communities. The winner is awarded EUR 50 000, and two runners-up are awarded EUR 30 000 and EUR 20 000 respectively.