Financing

The first option for innovative startups from North Rhine-Westphalia is the Gründungsstipendium NRW, which supports founders who are about to start up or are at the beginning of starting up a business with a monthly scholarship of 1,200 euros per head for a maximum of one year. WFMG is active at the local level with a representative on the jury.

A system for the micro-financing of start-ups that is quick and efficient is currently still being set up in Mönchengladbach. The WFMG has excellent contacts with NRW.BANK and the local banks and can help find the right product and contact persons. However, classic forms of financing are often not suitable, especially early on in a company’s existence. Since 2018, technology-based start-ups in Mönchengladbach have had the opportunity to raise venture capital through the early-stage fund of the S-UBG Group. The size of the group’s Seed-Fonds III fund (Aachen/Mönchengladbach) – which includes Stadtsparkasse Mönchengladbach as a shareholder – is over 20 million euros.

More points of contact and contact persons are listed here.