The Munich Startup Award will be presented on July 19, 2023 in front of 1,000 visitors of the 1st Munich Startup Festival. Selected startups will compete against each other in two semifinals of the pitch competition at the festival. A top-class jury then determines the winners of the Munich Startup Award. These receive 5,000 euros and are entitled to call themselves "Munich Startup of the Year."
To be eligible to apply, startups must be located in the greater Munich area, which specifically means in the city or district of Munich. Participating companies must also not be older than five years by the deadline of July 19, 2023. The products or services developed by the startup must pursue an innovative and scalable approach. In addition, a functioning or demonstrable prototype of the product or service must already exist. All startups wishing to apply must be Startup-Listed by Munich Startup(enter here).
The degree of innovation, business idea, feasibility, market potential, competitive advantage, team, scalability, customer loyalty and social impact will be evaluated.