The Lower Saxony Ministry of Economics is funding high-tech incubators and accelerators
from 2022 to Dec. 31, 2024, to accelerate the creation and growth of new high-tech companies.
Applications are no longer accepted!
The state of Lower Saxony and the Entrepreneurship Hub of TU Braunschweig and Ostfalia are looking for start-ups (incubation) and young companies (acceleration) which are about to be launched. These must pursue a start-up idea from the technology field of mobility and digitalization. Up to 15 teams can receive scholarships and financial grants starting in 2022.
The target group for the incubation program are start-ups that are about to be launched.
The acceleration program is aimed at young start-ups that are no more than 5 years old.
Start-ups in the pre-foundation phase receive a grant of €2,000 per co-founder (if they have completed their studies) and €1,000 per month (if they have completed their apprenticeship) for a total of ten months. In addition, there are financial subsidies amounting to €100,000 in incubation and up to €200,000 in acceleration. The teams also receive a wide range of qualifying support, mentoring and coaching.
Start-ups apply with the completed application form and a pitch deck. The start-ups to be admitted to the program are selected by a jury. At least 15 start-up teams will be supported during the planned funding period.
In November 2021, the University of Technology Braunschweig submitted a corresponding funding application for the establishment and operation of a high-tech incubator or accelerator Smart Mobility (HTIA Smart Mobility).
The application was prepared by a consortium of proposers:
The organization of the funding projects is carried out by the NBank.