ESF Plus Technology Startup Grant
The Free State of Saxony supports the establishment of young innovative companies from the scientific community with the ESF Plus Technology Startup Grant. The program provides scholarships to individuals and founding teams to cover living expenses, enabling the preparation and founding phases and creating jobs in the state. It aims to strengthen entrepreneurial thinking and action in the scientific environment and bring promising innovations to market.
Who is funded?
The ESF Plus Technology Startup Grant in Saxony supports individuals and teams who want to establish innovative companies from the scientific community. The goal is to strengthen entrepreneurial thinking and create jobs in the Free State of Saxony by promoting promising startup projects.
What is funded?
The program supports innovative startup projects from the scientific community that focus on technical product or process innovations as well as novel services. The funding covers the living expenses of the founders during the pre-startup phase and until the company is founded.
Type and Extent of Funding
The ESF Plus Technology Startup Grant is a personal scholarship provided as a subsidy for a maximum period of twelve months. The amount of the scholarship varies depending on the founder's academic qualification.
Conditions and Requirements
Specific prerequisites apply for the application and approval of the ESF Plus Technology Startup Grant, including the innovation orientation of the project, the composition of the founding team, and the future company's headquarters in Saxony. Regulations on aid conformity and possible cumulation prohibitions must also be observed.
Application Procedure
The application procedure for the ESF Plus Technology Startup Grant is carried out via the funding portal of Sächsische Aufbaubank (SAB) and requires the submission of specific documents, including a business plan and proof of qualifications. Disbursement is made in installments after review of relevant interim proofs.
Legal Basis
The legal basis for the ESF Plus Technology Startup Grant is the guideline of the Saxon State Ministry for Economic Affairs, Labour and Transport, which regulates the promotion of young innovative companies from the scientific community. This guideline is anchored in the context of further legal provisions and EU regulations.
Similar Programs
Funding Overview
Funding Status:
Open
Maximum Amount:
3,000 Euros per month
Deadline:
always open
Open Until:
31.12.2030
Award Channel:
Demand Driven Scheme
Region:
Saxony (Germany)
Sectors:
Research and Development, Other
Application Type:
Optional Consortium
Funding Stages:
Experimental Development, Prototyping, Product Development, Market Introduction, Commercialization, Planning
Funding Provider
Program Level:
Regional
Funding Body:
Saxon State Ministry for Economic Affairs, Labour and and Transport (SMWA)
Managed By:
Sächsische Aufbaubank – Development Bank – (SAB)
Additional Partners:
Chambers of Commerce and Industry (IHK), Chambers of Skilled Crafts (HWK) or Startup Initiative