National Competition Startup Factories

PUBLISHED ON
26.06.2024
Author
Ana Beatriz Benatti
Category
News
Overview

As an innovation network from Baden-Württemberg, the Karlsruhe Institute of Technology, together with the University of Stuttgart, the University of Heidelberg, the University of Ulm, the Hochschule der Medien, Gründermotor GmbH and IPAI (Innovation Park Artificial Intelligence), has won the first phase of the federal Startup Factories competition.

The aim of the Startup Factories is to provide a central contact point for start-ups and innovators in the future. The special feature: In order to enable the successful transfer of scientific knowledge to the economy, these alliances will consist of both public and private sector institutions, thus combining the best of both worlds.

The new name of the network was also announced with the award of the concept phase of the lighthouse competition. “From this summer, our common name will be NXTGN – derived from Next Generation. It underlines the goal we are all working towards: a successful, innovative and closely networked next generation of companies and their contribution to a sustainable society,” says Prof. Dr. Thomas Hirth, Vice President Transfer and International Affairs at KIT. To support this vision of the next generation of companies, the NXTGN programmes bring together start-ups, science and established companies.

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