Categories: NewsStartups

TechFounders Providing 25,000 EUR Initial Investment For Startups Globally

Technical University of Munich (TUM) has launched its accelerator program “TechFounders” with support from “Centre for Innovation and Business Creation at TUM” and BMW. Tech Startup teams from around the world can apply to the program for 3-months starting from April 2015.

The accelerator program is interested in seed & early-stage startups in the fields of Automotive, Automation & Robotics, Financial Services, Education, Electronics, Software & Telecommunications.

The program will offer top-tier mentorship, office space, initial investment of 25,000 Euros and a chance to pitch the idea to 100+ VCs, business angels, industry partners and press members. Additionally, zero equity and no fees makes this program more attractive.

The startups will get the opportunity to receive mentorship from over 200 successful serial entrepreneurs, experts and individuals from Payback, Voxeljet, Scout24 and many more. The program will also provide access to their TechShop for further development of the products and on-demand expert coaching for founders.

Startups can submit their applications till 27th February, 2015. Apply here.

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Sarwat Fatima

Sarwat is a journalist and DIY enthusiast. She loves writing about Startups and Businesses. She is heading Islamabad and surrounding areas for news coverage.

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