Founder Scholarships

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.

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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.

Realised Projects

01.12.2018 - 31.12.2019

Egypt

Founder Support Programme in Egypt

We believe in empowering young entrepreneurs with high potential from around the globe by giving them the opportunity to make their ideas successful and competitive in the business market – contributing to leveling the playing field with global entrepreneurs.

In 2019, we partnered up with GIZ Egypt to bring together ten startups for ten months, with the incredible help of five mentors, nine local and international experts, to support their business development and personal development as entrepreneurs.

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