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Process for receiving funding

The teams and companies must contact the acceleration funds in order to submit an application

  1. a team submits an application to the acceleration fund with a business idea and an implementation plan
  2. the acceleration fund assesses the team and the viability of the business idea
  3. the acceleration fund decides on whether to grant support — admission of the company into the acceleration programme, followed by a 3 to 6-month acceleration phase
  • the company receives support to begin operations — pre-seed funding up to EUR 50 000
  • services for the promotion and development of the business idea — advice provided by mentors, industry and technology experts on how to attract customers, suppliers, partners and investors
  1. the acceleration fund decides on whether to grant the second stage of funding — seed money investment — to selected companies that have proven to be most successful in the acceleration phase
  2. the company continues its development and growth, attracting the next generation of investors