FAQ

I am not based in Germany. Can I still apply?
Yes, we are an international acceleration programme. The only condition from our side is that you work 5 days per month in our premises during the acceleration phase between March and May 2016 . This is because we want to stimulate high interaction between you and our software developers / business mentors.

I only have a very rough idea. Can I still apply?
Yes, business ideas are never „ready“. All participating teams will pivot during the acceleration phase.

I already have a prototype. Can I still apply?
One of the major benefits of the acceleration programme is the technical support. So, if you feel that you still need a lot of technical assistance in the adaption of your prototype, then apply.

You take equity between 5-10%. Why this range?
We will make you an individual investment offer depending on the idea and the team. This will never exceed 10%.

How can I take advantage of the 20 software developer days?
You will be granted an office space at digital worx premises and the software developer will sit next to you. In agreement with the other twp teams, you can book the software developer who will report how many hours he has worked for you.

When will we be informed about whether we are invited to the pitching day and how fast will you take the decision?
Invitations to the pitching day will be sent out by 8 January 2016 and the decision on the selected startups will be published at the end of the pitching day.

How is industry involved in the acceleration programme?
Key industry partners of Baden-Württemberg region are partners of the programme. They will be invited to the Demo Day where you have extensive time for networking with them.

What kind of links do you have to Business Angels and VC networks?
bwcon is involved in various European Business Angels and VC networks. They will be invited to the Demo Day and we will also record the event allowing selected investors to participate without coming to Stuttgart. Some investors will even be part of the selecting jury at the pitching day.