AI+MUNICH Prototype Funding

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This page, including the documents linked here, always contains the latest information on the application to AI+MUNICH. Deviating information on other pages is not authoritative.

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. Our mission is to make prototyping easy and affordable for teams that have not yet secured financial backing.

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 we support you

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

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

How we select teams

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…
  • 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
  • your solution (your value proposition) requires AI
  • you have defined the structure, size and competition of the market you are on
  • 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 are overqualified if…
  • You are already incorporated as a capital based company or as a limited partnership with a capital based company as one of the partners
  • you are already funded by a venture capitalist or business angel
  • you have more than 10 full-time employees

Our evaluation criteria:

We evaluate our teams based on four main criteria:

1. Team-Fit: How well is your team set up?​
  • Do you have the right competences for your business idea in the team? (Particularly important: Is AI expertise present in the core team?)​
  • Do you have a big enough time commitment?​
  • Which experts support you from outside?​

ℹ️ Some tips for Team-Fit:

  • Provide a link to your LinkedIn profiles.
  • Use your past (work) experience to prove your competencies and avoid using misleading information.

2. AI-Fit: What role does AI play in your business idea?
  • Do you need AI to bring your value proposition to life?​
  • What capability of AI do you use to solve problems?​
  • Is your AI approach proprietary and can you defend it against competitors?​

ℹ️ Some tips for AI-Fit:

  • Provide some info how you’re able to access required training data for your business idea.
  • Provide information about the tool stack you’re using.

3. Business Model-Fit: How mature is your business model?
  • Have you identified a relevant problem that is worth solving?​
  • Do you have a clear vision of your problem solution and have you successfully validated it with customers?​
  • Do you have strong arguments that customers prefer your solution over competitors (e.g. in the form of LOIs?)​

ℹ️ Some tips for BM-Fit:

  • Be sure to add sufficient evidence to validate your problem solution fit.
  • Make clear what bottlenecks limit your business idea (e.g. network-effects) and how you will deal with them?

4. SDG-Fit: Does your idea pay into the Sustainable Development Goals?
  • Are you paying towards an SDG? If so, which one?​
  • How exactly do you pay into it?​

ℹ️ Some tips for SDG-Fit:

  • Be sure to also address targets inside relevant SDGs (don't just scratch the surface).

Tips for your Read Deck

On this Read-Deck Information Guide you can find further information an how to best prepare your Read Deck for the application.

Live Info Sessions

For the upcoming application, we offer five information sessions with general informations about AI+MUNICH and the application process as well as a Q&A-Session each, in which we can answer most of the questions asked directly.

Thursday, 16th of May · 10:00-11:00 CET (Europe/Berlin)

for teams & founders from TUM & UTUM

     Info call for founders / teams currently in a program of Unternehmertum (UTUM) or enrolled at Technical University of Munich (TUM)

     Link for videocall: https://meet.google.com/qmt-zqog-jhx

     dial-in number for phone: ‪(DE) +49 40 8081616455‬ PIN: ‪920 185 818‬#

     dial-in from different countries: https://tel.meet/qmt-zqog-jhx?pin=1518793035862

Friday, 17th of May · 14:00-15:00 CET (Europe/Berlin)

all founders & teams - not from UTUM/TUM

     Info call for founders / teams that are not currently participating in programs of Unternehmertum (UTUM) and not enrolled at Technical University of Munich (TUM)

     Link for videocall: meet.google.com/mft-knhs-ixv

     dial-in number for phone: ‪(DE) 49 40 8081617267‬ PIN: ‪879 056 121‬#

     dial-in from different countries: https://meet.google.com/tel/mft-knhs-ixv?pin=6918362980854

Wednesday, 22nd of May · 14:00-15:00 CET (Europe/Berlin)

open to ALL founders & teams

     Info call for all founders / teams from all backgrounds and ecosystems

     Link for videocall: meet.google.com/mft-knhs-ixv

     dial-in number for phone: ‪(DE) 49 40 8081617267‬ PIN: ‪879 056 121‬#

     dial-in from different countries: https://meet.google.com/tel/mft-knhs-ixv?pin=6918362980854

Thursday, 23rd of May · 10:00-11:00 CET (Europe/Berlin)

open to ALL founders & teams

     Info call for all founders / teams from all backgrounds and ecosystems

     Link for videocall: https://meet.google.com/qmt-zqog-jhx

     dial-in number for phone: ‪(DE) +49 40 8081616455‬ PIN: ‪920 185 818‬#

     dial-in from different countries: https://tel.meet/qmt-zqog-jhx?pin=1518793035862

 

Friday, 31st of May · 9:00-10:00 CET (Europe/Berlin)

open to ALL founders & teams

     Info call for all founders / teams from all backgrounds and ecosystems

     Link for videocall: https://meet.google.com/qmt-zqog-jhx

     dial-in number for phone: ‪(DE) +49 40 8081616455‬ PIN: ‪920 185 818‬#

     dial-in from different countries: https://tel.meet/qmt-zqog-jhx?pin=1518793035862

How to get funded

Step 1: Application

The application phase will be open shortly. If you want to get notified as soon as the application is possible, please click here.

The application phase for Batch #9 eneds on June 2nd, 2024, Time 11.59 pm 59 seconds.

Step 2: Funding Pitch

If you are selected, you will have the opportunity to pitch for funding in front of a panel of experts. The pitch will determine whether and how much funding each team receives.

The Funding Pitch will be mid of June, 2024 in the Munich Urban Colab.

Step 3: Feedback

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

Please click here to get notified as soon as the application is open.

As soon as the application is open: Please click here to apply!


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

Join the AI+MUNICH Ecosystem

As part of the ecosystem, you'll inspire other people to ask questions that unlock our future.

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Sponsored by
Address:
Munich Innovation Ecosystem GmbH
Freddie-Mercury-Straße 5
80797 München

Contact:
+49 173 3862862
contact@munich-ecosystem.de
* Status February 2023, all rights reserved.
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