IBT EXPLORE

Funding of up to € 150,000 (staff costs not covered) for early-stage projects with start-up vision

The project must fit in the framework of the IBT’s strategy and scope (e.g. transfer project, spin-off/start-up planned, project is at the targeted project level range) The main applicant must be employed by an academic institution based in Lower Saxony. Applications from individuals working at institutions outside Lower Saxony are excluded. The project proposal must be officially approved by the responsible body of the applying institution – such as the Transfer Office, the Innovation Department, or a comparable authority. An application without this internal approval will not be considered. There must be a genuine need for IBT funding. If other funding sources are readily available, the need for this funding is eliminated – the application would then not be eligible for funding. The relevant patents must be or will be exclusively licensed to the planned spin-off. Non-exclusive or other types of licensing exclude funding. The project must not have already been spun off and registered as an independent company. The funding is therefore aimed at projects that are still in the pre-company formation stage.