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Digital Innovations Startup Competition: New Round, New Luck

Are you looking to get started with an idea in the field of information and communications technology (ICT)? Then apply now for the "Digital Innovations" start-up competition and secure start-up funding of up to €32,000.

To provide early support for innovative ideas in the ICT sector, the Federal Ministry for Economic Affairs and Energy (BMWi) has launched the two-phase "Digital Innovations" start-up competition. Participation is worthwhile, as up to six start-up ideas will be awarded main prizes of €32,000 each. In addition, a further fifteen start-up ideas can look forward to €7,000 each.

Digital Innovations Startup Competition: Submit your idea now!

How can you participate in the startup competition?
It's easy: Submit your idea outline now. In this outline, you should outline the innovation of your idea, address your technical and commercial skills, and describe your network with potential customers and partners. The application deadline is September 30, 2016. Afterward, all participants will receive a written assessment of their business idea, including strengths and weaknesses, opportunities, and threats.

And what happens in the second phase?
The top 50 from the first round will then have the opportunity to revise their concepts in the second phase of the competition. The six startup ideas that ultimately make it through will receive financial start-up support worth €32,000 each. So, it's definitely worth participating.

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