INNOBOOSTER

Accelerating Market Entry of Deep Tech Spin-Offs

Next submission deadline: 01.12.2018

Gebert Rüf Stiftung supports university-based, high-potential business cases from the Venture Kick programme with the aim of substantially accelerating their market entry. The new funding line is calling for top talents with convincing proposals of how a research and development or design boost can speed up the success of their deep tech business case. For this purpose, the sum of CHF 2.5 million p.a. is reserved, integrating the previous DesignPlus funding programme.

Objective: boosting innovative deep tech business

«InnoBooster» aims at speeding up innovative, science-based deep tech business cases which have already entered the Venture Kick process and promise high market potential.  Up to CHF 150,000 for a maximum of 1.5 years can be granted to top talents with a clear plan and funding need for accelerated market entry. The new funding line is calling for convincing proposals which show how a further boost in research and development or design can drive business success.

Videoclip: Launching «InnoBooster»

Requirements

  • The project must be in the Venture Kick programme or has recently completed the programme.
  • Grantees commit themselves to complete the Venture Kick programme within the allotted time span; if they quit it deliberately, the InnoBooster grant has to be reimbursed.
  • The project has to be rooted at a Swiss university or research institution (ETH Domain, cantonal university, university of applied sciences), funding goes to the university and not directly to start-ups already founded.
  • Applicants allow GRS the right to obtain information on assessments from Venture Kick.
  • Budget of a maximum of CHF 150,000 for no more than 1.5 years: No infrastructure costs or overheads are financed, only salaries and materials costs directly related to the project.
  • The project must provide the following proofs: Scientific quality through a letter of endorsement from a funding programme such as BRIDGE Proof of Concept, Pioneer Fellowships, Innogrant or similar; entrepreneurial potential through a letter of endorsement from (potential) customers, investors, industry partners.

Project Submission

  • Projects can be submitted to Gebert Rüf Stiftung by one of the quarterly deadlines (1 February, 1 May, 1 September, 1 December) in accordance with the general requirements.
  • The submission procedure has two stages.
  • For the first stage, in addition to the relevant project proposal form an elevator pitch (3 min) is required.
  • For the second stage, applicants may be invited to pitch to the board of trustees.

Project Evaluation

The selection process takes a maximum of three months, from submission of the project proposal (step one) to the final decision after the project presentation («elevator pitch») to the board of trustees (step two). The board of trustees reaches the grant-making decision at its quarterly plenary meeting on the basis of the support criteria and the strategic objectives of the area of activity.