AI+MUNICH Prototype Funding - Empowering the next generation of AI start-ups

SCE

SCE München 48.1538958 Heßstraße 89 +498912653200

8:00 AM - 20:00 PM 8:00 AM - 20:00 PM 8:00 AM - 20:00 PM 8:00 AM - 20:00 PM 8:00 AM - 20:00 PM

AI+MUNICH supports start-ups in the field of artificial intelligence (AI) to promote innovation density based on this future-oriented technology in southern Germany. Their mission is to make prototyping easy and affordable for teams that have not yet secured financial backing. Apply now until 28.03. for your prototype funding!

Why AI+MUNICH

Up to 25k € of funding
Freedom in the use of the funding+
Little effort in applying for the funding
Fast approval process
AI Scholarship to cover your living costs
Not having to give up any equity in the start-up

How they support you

AI+MUNICH offers three funding options with a total volume of up to €25,000.

AI Scholarship to cover your living expenses
Prototyping Grant to speed up the development and testing of your prototype
Expert Pool & Funding to support you with the right expertise.

Criteria

AI+MUNICH supports early-phase as well as late-phase teams (equally distributed) in southern Germany. Further, it is a plus if you are a diverse team. Also, if you have already participated in AI-related competitions and won prizes.

You are qualified if

your solution (your value proposition) requires AI
AI expertise is present in the core team
there are at least two of you as a founding team
your project addresses at least one of the SDGs
you have clearly defined an (initial) customer
you have defined the problem you want to solve and validated it with potential customers
you have developed a suitable solution to this problem and also discussed it with potential customers
you have defined the structure, size and competition of the market you are on

You’re not a fit if

you are already funded by a venture capitalist or business angel
you have more than 10 full-time employees
you’re already a stock company

Any questions? Please read through their FAQs. If your questions are still not answered, send an email to contact@aimunich.com.

How to get funded

Step 1: Application

Use this form to to apply quickly and easily. By April 11, you will receive feedback on whether you will be invited to pitch. The application deadline is March 28, 2023.

Step 2: Pitch Event

If you are selected, you will have the opportunity to pitch for funding in front of a panel of experts on April 25. If you are not selected, we will offer you the opportunity for a feedback interview with us.

Step 3: Feedback

Shortly after the pitch, you will receive feedback as to whether and how much funding will be provided.