The funding is part of the start-up support provided by the WORLDFACTORY Start-up Center at Ruhr University Bochum. It thus offers students interested in starting their own business an experimental space, where they can acquire basic skills for the successful implementation of a start-up, as well as receive hands-on support and assistance during the first steps of such an implementation. The funding includes both material and travel costs so that student teams can establish initial contacts in their target industry and present prototypes at (national and international) trade fairs and conferences in order to get initial feedback from the market.
Who is eligible for funding?
Students and PhD students from all faculties at Ruhr University Bochum who are interested in starting a business can apply for funding. Funding is available for teams (at least 2 people) with a feasible start-up idea. In order to be eligible, you’ll be required to continuously take part in the training measures and consultations with the WSC team.
You can find all further information here.