Prototyping
Grant


For start-ups and student initiatives

We primarily focus on early-stage B2B deeptech startups across industries that are part of the Technical Univarsity of Munich, TUM Venture Labs, MakerSpace and UnternehmerTUM ecosystem. You can find an overview of our industry focus on our website [here], but please note that you may still apply even if your industry is not specifically listed. It's important for us that the startup is led by at least two team members and develops a scalable product or service.

No, incorporation is not a requirement for applying. The program is specifically designed for startups that are in the very early stages of development.

Yes, international startups are welcome to apply as long as your startup is related to the ecosystem of the Technical University of Munich, TUM Venture Labs, MakerSpace or UnternehmerTUM. A connection to the ecosystems exists if e.g. a founder studies at TUM, you took part in a UnternehmerTUM program such as XPlore or can show track of similar activities linking you to the ecosystems. Your nationality does not matter, we look forward to receiving applications from around the world with diverse founding teams.

Yes, student initiatives can apply for the Prototyping Grant through our website, just like startups can. We have already supported numerous initiatives in the past.

You can apply for the "Funding for Innovators” grant program by accessing the application link “Apply now for Prototyping Grants” available on our website. The program accepts applications in three batches per year: at the beginning, middle, and end of the year. The exact dates will be shared on the website. If you would like to sign up for a reminder for the next application batch, you can do so here.

For the application, you will need to provide the following required documents: a pitch deck, your company's logo, and general information about your startup and team (e.g. study background, project name and description, industry, legal form, website link, use of funding, funding estimate, fund raising plans, customers, UnternehmerTUM program participation, information about team members such as name, phone number, nationality and degree). If applicable, you may also opt to include a letter of intent, a letter of recommendation or a reference letter you want to share with the jury.

Yes, you can apply for the grant even if you have already received funding from other sources. The purpose of this grant is to support the development of your prototype, so it's acceptable to apply as long as you are building your prototype.

We thoroughly assess each application, so it typically takes around 5 weeks after the application deadline to receive a response. Please refrain from asking about an earlier response. We provide all teams with a response simultaneously. In case your application was successful, the Prototyping Grant will be paid out within 4 weeks.

You can apply for the grant as many times as you like, but the disbursement is limited to a maximum of two times.

Since unforeseen costs can arise in early stages, a rough cost estimate is sufficient for the application.

The following is a proposal for a well-structured pitch deck. This is merely a recommendation; you are, of course, free to deviate from this. To gain a comprehensive understanding of your startup, we look forward to a detailed pitch deck. Slides (12-15):

1. Cover Slide
   1. Action Title: E.g., Accelerating the X industry through technology Y
   2. Engagement: Make it cool and compelling; the first impression is important!
   3. Branding: Your logo must be on this slide.
2. Summary Slide
3. Team
   1. Placement: The team can alternatively be presented at the end.
   2. Why is your team the right team?
   3. Funding & Support: Include details here.
      1. E.g., UnternehmerTUM Funding for Innovators (logo)
      2. EXIST
      3. Cap table and founder ownership stakes
   4. Advisors: List them here
4. Problem
   • Action Title: Add an action title.
   • Detail: Explain trends and identify bottlenecks.
   • Specificity: Avoid being too general or having more than one problem slide.
5. Solution:
   1. Example for the Title: "We address CO2e emissions in industry X through steps 1-4 with our breakthrough technology."
   2. Visuals: Include images of your technology.
6. Technology
   • Secret Sauce: Explain what sets your technology apart.
     • Expertise
     • First-Mover Advantage
     • Example: Accompanying AI tech
   • Explain how it works.
7. Competition
   • Differentiation: Explain why your young startup can already compete with established competitors.
   • Comparison: Compare your product to competitors on relevant metrics. Make it easy to understand.
8. Market (1) Customers
   • Target Audience: Define your beachhead customers (with logos).
   • Validation: State customer validation/insights.
   • Market Cap: Optionally, state the market cap of these customers.
9. Market (2) Long-Shot Market
   • Scope: Show the size of the beachhead market and how the long-shot market differs.
   • Realism: Be realistic about market size; consider a bottom-up calculation.
10. (Go-to-Market)
    1. Sales Strategy
       
11. Business Model
    • Revenue Streams: Explain how you intend to generate revenue. Will you sell software, hardware, or both?
    • (ARR: How will you generate Annual Recurring Revenue?)
    • CLV: What is the Customer Lifetime Value?
    • Traction: Explain your go-to-market strategy and current traction.
12. Financing
    • Funding Sources: Detail your main funding sources.
      • Cumulative Grant Component
        • Source of grants
      • Cumulative Equity Component
        • Breakdown by EU, VCs (lead and follow), and Business Angels (BAs) (Only if applicable. It is totally fine if you do not have funding yet!)
    • Funding Needs: State how much funding you require and its intended use.
13. Roadmap: Financing, technical, and commercial aspects.
14. Ending Slide: Your logo, email, phone, LinkedIn, key quote, etc.
15. Backup Slides: Additional technical details.

• Focus on Achievements: Emphasize achieved goals and results of your initiative. Highlight important milestones and the current level of technological maturity (TRL).
• Participation in Competitions and Events: Describe your participation in relevant competitions and events. This illustrates your commitment and network in the industry.
• Highlight Deep-Tech Aspects: Accentuate the deep-tech aspects of your innovation. Explain what makes your technology special and how it distinguishes itself from others.
• Emphasize Commercial Potential: Discuss the commercial potential of your product. Even if you currently have no customers, it's important to show how the product could be successful in the market in the future.
• Outline Future Prospects and Roadmap: Sketch out your future prospects. Explain the next steps you plan to take and present the roadmap for the ongoing development of your initiative.

The grants offered through this program range from 1.000€ to 3.000€. The specific amount awarded will depend on the strength of your application and the quality of other applications under consideration.

Startups that receive funding through this program are required to submit a report detailing how the funds were utilized. Additionally, we ask to be informed about any future funding rounds that the startup may undertake.

Yes, the funding is provided as an equity-free grant, meaning that we do not take any shares. Also you do not need to pay anything back!

The funding provided through this program is intended to be used for building your prototype. As such, we require the submission of receipts for your expenses to ensure the funds are utilized for this purpose. You can find further information on the exact requirements here.

For specific information regarding tax considerations, please consult with a professional tax advisor, as UnternehmerTUM is not authorized to provide legal advice.

The grant provided through this program is not classified as De-minimis aid or other public funds.

It would be ideal if your team could fully utilize the grant within the designated 4-month period. However, if you're unable to do so, please notify us promptly and provide reasoning. We will work together to find an appropriate solution.

After the four-month period during which the Prototyping Grant should be utilized, each team is required to submit invoices along with a brief report (Din A4 or PowerPoint page). The report should include a short update on the current state of the project, details about the prototype, the use of funds, and the next steps. Additionally, a picture of the product is highly appreciated.

For the Prototyping Grant it is possible to finance expenses incurred from the date of application on.

While the prototyping grant does not directly include additional support or resources, as a recipient, your startup becomes part of the UnternehmerTUM ecosystem. This affiliation provides access to various programs tailored for specific stages and industries of startups. Additionally, we provide up to €5000 AWS credits for free to each team. More information about the opportunities, offerings, and programs can be found on the UnternehmerTUM website.

Yes, we appreciate your eagerness to spread the news. You can download the logo at the bottom of this page to use it on platforms like LinkedIn, Instagram and your website a.o.

While we understand the importance of feedback, unfortunately, due to the large volume of applications, we are unable to provide detailed feedback in the event of rejection. In exceptional cases, upon request, we may offer a brief explanation via email. However, please note that we are unable to conduct feedback calls.

Make sure you are part of the local ecosystem of Munich. Engageing in programs like Manage and More, XPRENEURS, XPLORE and TechFounders can be beneficial to gain insights and connections.

Ensure you have a team with two or more members that is balanced regarding academic background, diversity and experience. Highlight the strengths and experiences of your team members.

Define your target and beachhead market clearly. Estimate the market sizes of TAM, SAM, and SOM ideally with a bottom-up calculation. Explain your approach to successfully scale your business in the future.

Develop a strategy for leveraging public funds to support growth. Develop a clear sales and customer acquisition strategy.

Explain how the technology works and show your technology roadmap. Emphasize the deep tech aspect of your solution. We focus on high tech teams with meaningful cutting-edge solutions.

Clearly depict what differentiates you from competitors and understand the competitive landscape. Ensure your intellectual property is protected or protectable (especially for hardware teams).

It is always benfificial to show that your business hypotheses is validated by obtaining Letters of Intent (LOIs) from potential customers. Insights into your completed pilot projects can also be very interesting. Target and secure initial customers to validate market demand.

Elaborate on the progress of your idea since your last application.