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Conditions and Terms for EXIST Business Start-up Grant

Here you'll find the answers to the most important questions about applying for an EXIST Business Start-up Grant.

  • Who is supported by the fund?

    • Scientists from public, non-profit

      • research institutes
      • universities
    • University graduates and former academic staff members (up to five years after getting a degree or dropping out).
    • Students who have completed at least half of their studies at the time of applying.
    • Entrepreneur Teams of up to three people. Teams that are made up of a majority of students are only funded in exceptional cases.
    • One of the maximum of three team members may have a qualifying professional education and can be funded as the technical staff or one of the team members may have a degree that is more than five years old.
  • What will be funded?

    • Innovative technology based start-up projects.
    • Innovative knowledge based services based on scientific findings.
  • How does the funding work?

    • The grant covers personal living expenses:

      • Entrepreneurs with a doctorate receive 3,000 euro/month
      • Graduates with a university degree receive 2,500 euro/month
      • Students receive 1,000 euro/month
      • Child benefit: 150 euro/month per child
    • Materials and equipment: worth up to 10,000 euro for solo start-ups (for teams max. 30,000 euro)
    • Coaching:5,000 euro
    • The maximum period of funding is one year.
  • What do the university, research institute and entrepreneurs have to achieve?

    • University or research institute

      • is involved in an Entrepreneurial Network.
      • provides the entrepreneur with a mentor, a workplace and guarantees free use of infrastructure.
      • manages the grant
    • The entrepreneurs

      • receives coaching services from the Entrepreneurial Network.
      • participates in a one-day "Entrepreneurial Personality" Seminar.
      • presents a first draft of the business plan after five months.
      • submits the business plan after ten months.
      • takes on the responsibility of making tax and national insurance payments.
  • Is it possible to launch the business during the funding phase?

    • Yes, but the launch should not take place at the beginning of the funding.
  • Who submits the application?

    • Universities
    • Research institutes
  • When can the application be submitted?

    The application may be submitted at any time.