National funding programs are available for technology-based start-up projects to help with spin-offs in the difficult early stages of a business. Together with you, TUM Start-up Advising evaluates whether your project meets the application requirements for various funding programs and helps you submit your application.
National funding programs
The EXIST Business Start-up Grant supports innovative technology and knowledge-based university start-up projects for a period of 12 months. Funding covers personal living expenses and includes a grant as well as material costs and coaching funding.
The EXIST Transfer of Research provides support for 18 months for outstanding research-based start-up projects involving expensive and risky development work. Funding covers four staff positions and material costs up to 70,000 euros. Once the initial funding phase has ended, grant recipients may be eligible to apply to extend their funding for a further 18 months.
The German Federal Ministry of Education and Research’s (BMBF) GO-Bio competition is aimed at research teams ready to start a business with high commercial or clinical innovative potential. The prize is generally quite lucrative; some ten million euros were awarded to the five winners of the fifth selection round in 2012. Submissions are accepted twice a year.
With the FLÜGGE program, the Bavarian State Ministry for Science, Research and Art provides 24 months of funding for graduates and university employees with innovative start-up ideas. This funding covers employment equal to a half-time position at the university, the use of university resources (e.g., offices, laboratories) and material expenses. Submissions are accepted twice a year in April and October.
The UnternehmerTUM Venture Capital Fund invests in start-ups in the information and communications technology, medical technology and clean teach sectors. It aims to establish growth-oriented companies out of forward-thinking technologies and successfully position them in markets worldwide. The UnternehmerTUM fund is currently investing in the early phases of technology-based start-ups from across Germany.
High-Tech Gründerfonds invests in young and innovative start-ups in the high-tech sector. The fund, which was established by the German Federal Ministry for Economic Affairs and Energy (BMWi), provides start-up capital in the form of risk capital, with a current volume of 293.5 million euros. An accredited High-Tech Gründerfonds coach works with UnternehmerTUM for the information and communication technology, medical technology and clean tech sectors.