With the IGP, the Federal Ministry for Economic Affairs and Energy Business ideas or pioneering solutions that target novel services, develop new processes and organizational methods, or implement innovative marketing concepts and business models. first tender round The focus was on digital and data-driven solutions; now it's the turn of models from the cultural and creative industries. The IGP's budget was also increased from approximately €25 million to approximately €35 million. The deadline for participation in the competition is August 11, 2020, at 3 p.m.
What is being funded?
The current call for funding focuses on, among other things, new concepts from the design, fashion and architecture sectors as well as art and performing arts, from the music, broadcasting and film industries, as well as new ideas for journalism, the advertising market, the book market and the games sector.
The IGP focuses its support on startups, medium-sized and micro-enterprises, and the self-employed. Both individual and collaborative projects are eligible. Feasibility studies and market pilot projects are supported. Innovation networks are also eligible. The general criteria for the projects can be found in the IGP guidelines.
The funding is provided as a non-repayable grant. Depending on the project type and company size, the grant can cover eligible costs or expenses up to €70,000 or €300,000.
How does the application process work?
Applications are submitted via the Positrons portal. A sketch with a brief project description and company information on the business situation is sufficient. Those who impress will be invited to submit a pitch video approximately five weeks later. After further evaluation, a jury invites the best participants to a pitch. The winners will then be allowed to submit a full proposal.
The IGP funding program in chat
Live chats and webinars are offered for each call for proposals, where interested parties can learn more about funding modalities and evaluation criteria. The IGP is also presented in more detail.
