Funding and advice for young founders

In short: There is free advice from the chamber of commerce, the chamber of crafts and founder initiatives as well as competitions and programmes for young founders. Loans are usually not possible for minors.

In more detail: Start-up grants from the employment agency apply to the unemployed, not to pupils. For young people there are student companies, “Jugend gründet” competitions and counselling centres. KfW funding programmes require adulthood.

In detail

• Advice: chamber of commerce start-up counselling, chamber of crafts, founder associations.
• Competitions: Jugend gründet, local start-up awards.
• School: student companies and business clubs for practice.
• Loans: savings banks and banks hardly grant loans to minors.
• Crowdfunding: possible, but check legal and tax aspects.
• Parents: families can give start-up capital, document the gift.

See also: Chamber of commerce membership and fee, Business plan for small founders