Founder scholarships provide financial support and mentoring for entrepreneurs in their first year of business, allowing founders to fully concentrate their time and energy on their business venture.
The scholarships cover monthly living costs and provide access to knowledge, mentors, networks, and peers. Thus, founders are able to quickly and sustainably become autonomous entrepreneurs, to develop their ideas into products, and to position these products on the market.
In concrete term, the monthly scholarship covers the personal livelihood of the participant over the period of one year. This ensures that the founders can focus solely on the realisation and implementation of their business idea. In addition, scholarship holders are provided with different mentors, office space, and day-to-day support.