Industries

Deep-tech start-ups – e.g. ICT, AI, digital health, life sciences, physical sciences and material sciences

Company size

Small businesses with

• < 50 employees
• Annual sales or balance sheet total^G of < 10 million euros

Development phase

Foundation phase: 1 year prior to, 5 years after foundation

Requirements

• The application is submitted before project start.
• The company was financed with grants from aws Preseed or aws Seedfinancing.
• The business model is based on exceptional technical and scientific challenges (technology leap).
• The company has great growth potential, with several million euros in sales and financing rounds of at least €5 million being realistic in the next few years.
• The team is innovative and committed, start-up driven and willing to take risks.
• Small businesses and micro enterprises^G hold a maximum shareof 24.9% and purely financial investors a maximum share of 49.9%.
• The requirements of the regulation, the guideline specifications and the  GBER have been fulfilled.
•  The de minimis limit has not been exceeded.

Type of financing

• Grant^G
• Industry-specific consulting and coaching
• Tapping into further sources of financing
• Network connections

Funding amount

Up to 50,000 euros, 50% of eligible project costs max

Term

• Disbursement: 1–2 years

Eligible costs

• Consulting fees and travel expenses of the interim manager

Disbursement

You will receive the grant in 2-3 tranches upon reaching predefined milestones.

Costs

None

Additional funding

aws Industry Startup Net

aws i2 Business Angels

Costs other than external consulting fees and travel expenses.

Process

1. You apply for funding via the aws funding manager.
2. We will then analyse the application as to content and formal criteria.
3. We will let you know our decision in any case.

Duration of the approval process

Depends on the dates of the assessment panel meetings, which take place several times a year, on average 2-3 months.