Applications are due October 22! Apply to TechFounders Now!
“The aim of the accelerator program is to get you one of our industry partners as a high class customer or investor”
Award Amount
€25,000 (approx. $28,000 USD)
Location
Munich (Garching) Germany
Duration
20 weeks
Benefits
- €25,000 (approx. $28,000 USD)
- Direct access to industry partners, such as BMW, Bosch, Festo, Siemens, Munich Re, and HypoVereinsbank
- Free office space and administrative support
- Access to a 1,500m2 high-tech workshop – MakerSpace
- Access to events and training sessions provided by the incubator network
- Intensive coaching and mentoring by 200 VC’s, serial entrepreneurs and experts
- Demo Day opportunity to meet over 100 VC’s, business angels, industry partners and press
Who Can Apply
- Everybody who is passionate about building a technology company is welcome to apply
- All business models (e.g. Freemium, SaaS, License, etc.) if they are operating in the fields of automotive, robotics and automation, financial services, cleantech, software, telecommunications and electronics
- International applicants are welcomed
Selection Criteria
- Founders should demonstrate tenacity, strong technical know-how, good judgment, the ability to clearly explain complicated matters, and great product sense and a clear passion for outcomes
- Teams of 2 or 3 preferred
- Ideal team has both a technical cofounder and a business-side cofounder
- Focus is on markets that are big enough to make the top venture funds interested
- “Stellar teams without a clear market focus may be admitted”
Application Process
- Written application
- In-person interview before a selection committee
Conditions
- All program events are mandatory
- Teams are required to stay at the accelerator full time
- A group evening check-in is held every Thursday evening
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