A new initiative to support start-ups with new and innovative offerings, and to inspire innovation for the textile, garment and fashion industry has been launched by CEMATEX.
The owner of the ITMA and ITMA branded exhibitions, the European Committee of Textile Machinery Manufacturers (CEMATEX) will provide selected young enterprises with solutions for the textile and garment industry with a grant to exhibit at the Start-Up Valley during ITMA 2023. The CEMATEX Start-Up Grant will cover the rental costs of a special design stand and fittings, as well as entitlements such as business matching.
»ITMA offers young entrepreneurs a useful platform to put their innovations in front of a global audience, to find investors and collaborators and to leverage industry connections and professional networks.«
Ernesto Maurer, President, CEMATEX
To be eligible for the grant, start-ups must have a product or service that is within ITMA 2023’s exhibit profile. The company should also be incorporated for not more than 8 years, and either generated revenue for at least a year or raised capital from investors or grants from other incubator programs.
Interested start-ups may apply for the CEMATEX grant
by 30 June 2022.
In addition to exhibiting at ITMA 2023 in Milan/Italy from June 8-14, 2023, Start-Up Valley exhibitors can also take part in various onsite activities, including speaking at the Innovator Xchange and participating in the ITMA Sustainable Innovation Award and Innovation Video Showcase.