The idea is innovative and knowledge-based and grew out of the university environment, which is what the founder stipend supports. The institution applies on the team's behalf, signs the stipend agreement with the founders, and provides a mentor and workspace. The stipend covers the founders' living costs for the year, plus a materials budget and coaching, coming to about EUR 115,000 in total for the team. With that security, the founders can work full time on the product and the business plan.
The stipend is applied for through the founders' host institution rather than directly, and the institution provides a mentor and the use of its rooms and infrastructure for the duration. The monthly amount per founder depends on the highest qualification, up to EUR 3,000 for a founder with a doctorate, and up to three founders can be funded for up to twelve months, with a possible short extension. On top of the living costs come a materials budget and a coaching budget, and additional small allowances can apply, for example for a child or for a diverse founding team. Because applications can be submitted at any time, a team can start as soon as the idea and the host institution are in place.