financial means

Funding

financial means
Image: AdobeStock 886113149

Financing Your Startup Idea

Preparing for a business start-up requires more than just a compelling idea – it also takes time and financial resources. Especially in the early stages, it can be challenging to cover living expenses while investing in the development of a product or business model. This is where various funding opportunities come in, helping to overcome these challenges. An overview of selected funding options is provided below.

Nationwide Funding Programs

For particularly innovative or research-based start-up projects, we offer advice on suitable national funding programs and support with the application process, such as:

  • EXIST Business Start-up Grant
  • EXIST Transfer of Research
  • EXIST-Women (EFIE – Empowering Females for Innovation and Entrepreneurship)
  • VIP+
  • GO-Bio
  • GO-Bio initial

EFIE – Empowering Females for Innovation and Entrepreneurship

As part of the Federal Ministry for Economic Affairs and Climate Action's EXIST-Women program, the University of Jena offers the scholarship program EFIE – Empowering Females for Innovation and Entrepreneurship. It supports women interested in founding a business in developing their entrepreneurial mindset and advancing their business ideas.

Further information on the programme can be found here. de

University-Based Initial Funding: Next Step

With Next Step, Friedrich Schiller University Jena supports innovative ideas from university members that demonstrate clear practical value. These may include physical products, digital tools, software, technologies, and services, as well as socially relevant concepts and initiatives with real-world impact.

  • Your Idea

    As part of your studies, doctorate or later research work, you have developed an idea or produced research results that show a high practical benefit. Now you are thinking:

    • How can you put it into practice?
    • How viable the idea is and what the next step towards realisation could be?

    Do you lack the resources to take this next step?
    Then send us a brief application for your idea and take the next step with our support.

  • Benefits of "Next Step"

    If your application is successful, you will receive:

    • a comprehensive support package tailored to the project, including your own budget
    • flexible funding without a time-consuming application procedure and reporting system
    • fast and unbureaucratic facilitation of the next steps, e.g. to explore potential and feasibility in preparation for further fundraising

    All applicants receive feedback on their idea regardless of the success of their application and - if desired - support in improving the concept and formulating further objectives.

  • Support services from "Next Step"

    Convincing projects receive an individually compiled support package from our extensive range of offers:

    • Up to 2,500 EURO budget e.g. for materials, equipment, orders, travel and, if necessary, auxiliary staff contracts
    • Free use of an office with up to three workstations as well as the infrastructure of the K1-Startup Service
    • Intensive individual consulting and coaching for the further development of the concept, for the implementation of the next steps, for questions of intellectual property rights (e.g. patents), for further acquisition of funds
    • Networking with other supporters within and outside the University of Jena as well as in the search for team members

    Scientists, doctoral candidates, students and graduates of the University of Jena who want to implement their idea or clarify the possibilities of feasibility can apply individually or in a team.

  • Your application
    1. Send us a two- to three-page description of your idea by e-mail (see contact below). You can find an outline with key questions herepdf, 144 kb · de. You are also welcome to discuss your idea or questions about the application with us in advance.
    2. You will receive initial feedback within two weeks and, maybe, an invitation to a meeting in person.
    3. During the meeting, we will clarify further questions and discuss with you how possible funding can be provided.
    4. If your idea meets the selection criteria, you will receive a binding commitment within a few days and can start realising it.

    Downloads:
    Outline of the short application with key questionspdf, 144 kb · de

University-Based Funding: Scholarship, Prototype Development, Market Analysis

The K1 Startup Service at Friedrich Schiller University Jena offers three tailored funding formats. Together, we identify the option that best fits your idea. These formats are part of the StarTH project fund, supported by the Thuringian Ministry for Education, Science and Culture (TMBWK).

  • Your Idea

    You have an innovative idea with startup potential and are ready to take the next step? Whether you are refining your concept, testing a prototype, or exploring market potential – these formats offer targeted support in the early development phase.

     

  • Benefits

    Designed for members of the university, these programs offer fast and straightforward support. Depending on your needs, the formats can be combined or used in sequence for a customized funding pathway.

  • Support services

    Scholarship

    • Up to €2,000 per month (max. €6,000 total)
    • Duration: 1 to 3 months
    • Goal: Prepare for startup or apply for external funding

    Prototype Development

    • Up to €7,500 for materials, equipment, or external services
    • Duration: 1 to 3 months
    • Goal: Develop a functional prototype to attract investors or follow-up funding

    Market Analysis

    • Up to €7,500 for professional market research or technical feasibility studies
    • Duration: 1 to 3 months
    • Goal: Assess feasibility and market potential of your idea
  • Your application

    Funding is available to students, doctoral candidates, and academic staff at Friedrich Schiller University Jena. The K1 Startup Service offers tailored advice, helps select the right format, and supports you during the application process.

    With you we identify the best funding option for your idea or project. Feel free to contact us!

Moritz on his experience with the counselling and support services offered by the K1-Startup Service

K1-Startup Service

Video: University of Jena

Our Support for You

We offer personalized guidance on all available funding opportunities, assist with your application, and accompany you on your path to launching your own venture.

Contact persons 

  1. Piontek, Matthias Founding Services | Founding Consulting | Coordination of the Thuringian University Startup Network (StarTH) SZ Forschung u. Transfer
    Matthias Piontek
    Image: Anne Günther (University of Jena)
  2. Schindek, Ralf Founding Services | Founding Consulting SZ Forschung u. Transfer

    Kahlaische Straße 1
    07745 Jena