Does your startup have great business potential? Are you ready to transform society with business?
CBS Startup is providing grants supporting student startups. In the fall of 2024 we are distributing a total of 300.000 DKK in equity-free funding.
We are open for applications!
Deadline is the 14th of October.
Formal Requirements
To be considered for the grant, your startup has to be past the Proof of Idea phase. You must either have a functioning prototype/product, have established a customer/user base, or have generated revenue. Additionally, your founding team needs to have at least one student, researcher or recent graduate from Copenhagen Business School (at latest graduated May 2023), that person need to have at least 12,5% ownership of the company.
To apply you must fill out our application form and upload a video in accordance with our video guidelines and fill out and attach the budget template. Please note the application should be written in English.
To apply you must fill out our application form and upload a video in accordance with our video guidelines and fill out and attach the budget template. Please note the application should be written in English.
Criteria & Grant Size
Each applicant is to apply for an amount dividable by 10.000 between 10.000 and 150.000DKK. The applications will be evaluated proportionally to the amount they ask for. The criteria are the same no matter how much you apply for, but they will be intrepreted less and more strict depending on the amount. The board reserves the right to award an amount other than that applied for.
Potential recipients of the grants are overall based on which startups are best able to prove their ambition as well as their potential to develop into a scalable and sustainable business. This is examined through the eight different criteria.
Potential recipients of the grants are overall based on which startups are best able to prove their ambition as well as their potential to develop into a scalable and sustainable business. This is examined through the eight different criteria.
IDEA |
MARKET |
BUSINESS MODEL |
FINANCES |
The problem area is well defined and the idea adequately solves the problem. There is a validated prototype or product/service. |
The business model is tested, and addresses scalability, sustainability and long-term impact for the chosen market. |
The business model is tested, and addresses scalability, sustainability and long-term impact for the chosen market. |
The company is generating revenue, or has a robust understanding of how revenue will be generated with an understanding of operating costs and margins. |
TEAM |
GRANT ALLOCATION |
PLAUSIBILITY |
VIDEO |
The team is passionate and adequately skilled to solve the problem with this solution. |
The proposed spendings are impact- and meaningful in relation to the strategy and challenges ahead. |
It is plausible that the described idea and execution plan can propel the company to a stage where it is financially sustainable either from having obtained further external funding or achieved a significant revenue within a reasonable period of time. |
The video successfully presented the most important aspects of the business and leverages the visual medium to communicate complex points. |
Process
30th of August - Application round opens
Startups can submit their application form and video via the apply page
14th of October - Application deadline
The system will close at 23:59 on the given date. Applications received after this date will not be reviewed.
Week 42 - CSE Screening
A jury from Copenhagen School of Entrepreneurship will evaluate the applications and select the top qualified startups that make it to the finals.
29th of October - Board Screening
The selected finalists will give a 3-minute pitch in front of the CBS Startup Board.
The Board will select the startups that will receive the grants.
11th of November - CBS Startup Ceremony
The winners will be announced at the CBS Startup Award Ceremony.
Startups can submit their application form and video via the apply page
14th of October - Application deadline
The system will close at 23:59 on the given date. Applications received after this date will not be reviewed.
Week 42 - CSE Screening
A jury from Copenhagen School of Entrepreneurship will evaluate the applications and select the top qualified startups that make it to the finals.
29th of October - Board Screening
The selected finalists will give a 3-minute pitch in front of the CBS Startup Board.
The Board will select the startups that will receive the grants.
11th of November - CBS Startup Ceremony
The winners will be announced at the CBS Startup Award Ceremony.
