EXIST Founder Scholarship

The EXIST-Gründerstipendium is a prestigious scholarship program specifically aimed at fostering entrepreneurship among students at Hochschule Wismar, Fachhochschule für Technik, Wirtschaft und Gestaltung in Germany. Offered by the German Federal Ministry for Economic Affairs and Energy, the primary focus of this scholarship is to provide financial and advisory support to individuals who aspire to develop a tech-driven business idea during their studies. This scholarship not only benefits domestic students but also encourages international students to contribute innovative ideas that can enhance the entrepreneurial ecosystem in Germany.

Purpose and Prestige

The purpose of the EXIST-Gründerstipendium is to enhance the quality and feasibility of new startup projects by supplying students with the necessary resources to turn their entrepreneurial visions into reality. By backing initiatives with great potential for economic success, the program helps cultivate a community of creative thinkers and innovators. Its prestige stems from its backing by the government and the success of past participants who have gone on to create impactful startups within their fields.

Suitability and Fit with Study Abroad Plans

This scholarship is particularly suitable for students who are highly motivated, possess a clear business concept, and are either in the preliminary stages of establishing their startup or are still within the academic setting. It complements a study-abroad plan perfectly by allowing students to immerse themselves in Germany's entrepreneurial landscape, gaining valuable insights and networking opportunities. By encouraging students to actively engage in entrepreneurship while studying, the EXIST-Gründerstipendium comes across as an excellent catalyst for professional development and personal growth.

• International students enrolled at Hochschule Wismar.
• Applicants must possess a viable and innovative business idea.
• Demonstrated entrepreneurial spirit and readiness to launch a startup.
• Maximum of two years since the graduation from the current degree program.
• Ability to communicate effectively in German or English.

• Financial support to cover living expenses and materials related to the business.
• Access to mentoring and coaching from experienced entrepreneurs and business professionals.
• Opportunities for networking and collaboration with other startups and businesses.
• Support in developing a solid business plan and market strategy.
• Involvement in workshops and seminars on entrepreneurship and innovation.

1. Research the specific requirements and guidelines presented on the official Hochschule Wismar scholarship page.
2. Prepare your business idea and final draft of your business plan.
3. Gather necessary documentation, including academic transcripts, motivation letter, and references.
4. Complete the official application form available on the Hochschule Wismar website.
5. Submit your application before the stipulated deadline, ensuring all materials are included.
6. Follow up with the scholarship committee to ensure your application is under review.