Startup Competition – Digital Innovations
The "Startup Competition – Digital Innovations" is an ideas competition by the BMWK, promoting innovative business startups in the field of Information and Communication Technologies (ICT). It offers prize money as seed capital, combined with extensive coaching and qualification programs, as well as networking support. A unique feature is the detailed strengths-weaknesses analysis that all participants receive.
Who is Funded
The "Startup Competition – Digital Innovations" targets natural persons residing in Germany who wish to found innovative companies in the field of Information and Communication Technologies (ICT). The goal is to strengthen Germany's startup potential and increase the number of ICT-based business formations.
What is Funded
The "Startup Competition – Digital Innovations" promotes innovative business ideas based on ICT-based products and services. It is an ideas competition that focuses on a startup concept, not complete business plans.
Type and Scope of Funding
The program awards prize money to winners of up to 32,000 EUR. This serves as startup capital for business formation and is supplemented by extensive coaching and qualification measures.
Conditions and Requirements
Participation in the startup competition requires that founders are natural persons residing in Germany and intend to establish their company in Germany. The concept must include a detailed idea sketch that presents innovation and feasibility. Special conditions apply to already founded capital companies.
Application Procedure
The application process is two-stage and conducted online via the competition website. After submitting an idea sketch in Phase 1, all participants receive feedback. The best concepts qualify for Phase 2, where a revised version is submitted, and the jury selects the prize winners.
Legal Basis
The "Startup Competition – Digital Innovations" is legitimized by a specific guideline from the Federal Ministry for Economic Affairs and Climate Action (BMWK), which sets the framework conditions and objectives of the competition.
Similar Programs
Funding Overview
Funding Status:
Open
Maximum Amount:
32,000 EUR
Open Until:
Ongoing
Award Channel:
Prizes And Competitions
Region:
Germany
Sectors:
Information and Communication Technology, Software Development
Application Type:
Optional Consortium
Funding Stages:
Planning, Feasibility Study, Product Development
Funding Provider
Program Level:
National
Funding Body:
Federal Ministry for Economic Affairs and Climate Action (BMWK)
Managed By:
VDI/VDE Innovation + Technik GmbH