In partnership with pan-European investor group Rainmaking, the EC is organizing a startup competition dubbed Tech All Stars, which aims to identify 12 promising European startups and get them in front of EU funding sources, a number of successful entrepreneurs and pundits, as well as potential investors.

Startups can apply now and need to fit three criteria: they have to be registered within the European Union, be less than 3 years old and raised raised less than 1 million euros in outside capital.