Individual Innovation Project
We offer access to a wide range of resources, the comprehensive knowledge of internal and external experts and mentors and the support of our broad network with a particular focus on sales, development, financing, science, politics and the startup scene.
We work intensively with each startup during the 20 week program on an individually created Proof of Concept (PoC). The aim of this PoC is the planning and implementation of a joint innovation project which is geared, on the one hand, to the core competencies of the startup and, on the other hand, to the market needs of our customers. To implement this PoC our startups will have access to a pot of at least € 30,000 “PoC Money”, as well as one or two “lead mentors”, employees from BayWa & RWA who will support the startup over four months with the necessary market know-how as well as their personal expertise in the relevant business field.
In addition to this we will provide office space (if required) for four months and a wide range of resources to assist in the further development of the products or the promotion of sales. These include, for example, access to our laboratories and the use of test stands or storage facilities. An additional € 15,000 can be provided if required as financial bridging aid.