Gründungswettbewerb – Digitale Innovationen
Overview
The Gründungswettbewerb – Digitale Innovationen is a German federal competition aimed at supporting aspiring entrepreneurs and young start-ups with innovative digital business ideas. The competition is open to all sectors, including energy, healthcare, digital economy, manufacturing, mobility, agriculture, cultural and creative industries, and education. Participants can submit their ideas twice a year, with each round awarding up to six start-up ideas with €32,000 in prize money to support their business establishment. Additionally, up to 15 other ideas receive cash prizes of €7,000 each. A focus prize of €10,000 is also awarded each round on current topics of the federal government. All participants receive written feedback on their business idea, highlighting strengths, weaknesses, opportunities, and risks, along with recommendations for further development. Winners benefit from extensive coaching, mentoring, and networking activities. Since 2014, start-ups awarded in the competition have secured over €600 million in external financing, effectively utilizing the public recognition, prize money, and support services for their business establishment. The competition is managed by VDI/VDE Innovation + Technik GmbH on behalf of the Federal Ministry for Economic Affairs and Energy (BMWi).
Investment Focus
- Innovative digital business ideas
- Open to all sectors including energy, healthcare, digital economy, manufacturing, mobility, agriculture, cultural and creative industries, and education
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Frequently asked questions about Gründungswettbewerb – Digitale Innovationen
What sectors does Gründungswettbewerb – Digitale Innovationen invest in?
Gründungswettbewerb – Digitale Innovationen invests in Healthcare, Energy, Education, Agriculture, Mobility and Digital Economy, and is based in Berlin, Germany. Gründungswettbewerb – Digitale Innovationen is listed as a other in the ConnectSafely investor database.
What stage does Gründungswettbewerb – Digitale Innovationen invest at?
Gründungswettbewerb – Digitale Innovationen backs companies at Seed and Early Stage, writing cheques of 32K - 32K.
Which regions does Gründungswettbewerb – Digitale Innovationen invest in?
Gründungswettbewerb – Digitale Innovationen invests across Germany.
How do I contact Gründungswettbewerb – Digitale Innovationen?
Gründungswettbewerb – Digitale Innovationen's contact details — including LinkedIn — are listed in the ConnectSafely investor database, along with its website and the LinkedIn profiles of the team.
Last updated · Source: ConnectSafely investor database
