Going abroad requires intensive planning and is fraught with risk – especially for young companies. Especially shortly after their founding, they may lack the resources and experience needed to successfully enter the market.
The Startup International funding program aims to provide support in this area. Within the program, startups can select the most appropriate measures for implementation from a comprehensive catalog of measures. When implementing the approved measures, they make advance payments and can then submit the paid invoices for funding.
The funding options include:
- Trade fairs in the target country
- Marketing measures
- Advertising measures
- Consulting services
- Training
- Certifications
- Interpreting and translation services
Startup International: 23,000 euros per target market
The funding rate for participating startups is 50 percent of eligible expenses, up to a maximum of €23,000 per target market. Market development in a maximum of two new countries is eligible, with up to two applications per target market within the maximum amount.
The companies are supported by Foreign Trade Center BavariaThis office also provides further information on the project process and funding regulations and supports companies in applying and completing the forms.
All further information about the Startup International funding program
If you would like to get in the mood for the topic: In the Munich Startup Series 'Going Global' Different international markets and their special features are presented by experts and practical tips for moving abroad are provided.
