Commercialization Reactor: 1st Deep Tech Program in EU
On November 23, 2023, at the splendid Casa Milà (La Pedrera) in Barcelona, the stage was set for a celebration of innovation and excellence. Among the top finalists at the EIT Deep Tech Talent Initiative awards, one name stood out: Commercialization Reactor, shining as a leader in deep-tech expertise.
The Commercialization Reactor is a full-cycle international deep tech startup creation platform from Latvia, and it is member of SKALE2CT’s National Working & Stakeholders group in Latvia. Earning the prestigious recognition for their groundbreaking program, "CR: Deep Tech Creation-to-Capital Cycle," was a validation of their efforts to empower Europe's talent with unparalleled opportunities to craft their own ventures in the realm of Deep Tech.
Since its inception in 2009, Commercialization Reactor has adhered to a unique philosophy, one that intertwines the worlds of science and entrepreneurship. Their belief that both disciplines demand complete immersion led to the establishment of an ecosystem where scientists and entrepreneurs converge to forge symbiotic relationships. This innovative approach propels them through a State-of-the-Art process, fostering an environment where collaboration between these two distinct worlds gives birth to impactful ventures.
At the heart of their proprietary 3-step Creation-to-Capital Cycle lies a visionary approach that nurtures teams comprising leaders from both scientific and entrepreneurial realms. It's a delicate yet powerful balance where the business leadership resides in the hands of entrepreneurs while scientific expertise, along with academic pursuits, remains firmly rooted with the scientists. This distinctive model enables the birth of enduring, high-impact teams where passion converges with expertise to chart a new course in deep technology.
The EIT Deep Tech Talent Initiative's inaugural award ceremony was a testament to the thriving landscape of deep technology across Europe. For Commercialization Reactor, this recognition is not just a milestone but a reaffirmation of their commitment to nurturing and empowering Europe's brightest talents. As they continue on their journey, this award fuels their passion for deep-tech innovation, leaving an indelible mark on the landscape of European entrepreneurship and scientific advancement.