Page 3 - 201906G20Entrepreneurship Newsletter

Germany: EXIST Fosters Science Transfer from Universities

EXIST. The startups are in various fields like bio-technology,
energy, optical technologies, digital media, automation,
medical technology, lasers, and environmental technology.
There are three key eligibility criteria of Exist Program: level
of innovation, research team and market. The startups should
have a reasonable market entry strategy and finance plan. The
market size should allow a profitable business to exist and
thrive.

The EXIST Business Startup Grant includes funding for
12 months and three team members, for up to 3,000
euros per month per person. There is also extra support
for parents, of 150 euros per month per child. We also
Germany's Federal Ministry for Economic Affairs and cover material expenses and startup-related coaching,
Energy (BMWi) runs an extensive programme to promote of up to 35,000 euros. The maximum period of funding is
startups, called EXIST. It offers grants to transfer university one year.
research into campus startups, and helps foster a culture of EXIST Transfer of Research is open for all high-technology
entrepreneurship through innovation workshops, consulting startup projects with intensive development periods. There
services, and industry connects. The BMWi focuses on three are two funding phases of support. Phase I, for 18-36 months,
modules: anchoring a culture of entrepreneurial independence covers technical feasibility and product development. It covers
at universities and research institutes; promoting innovative three scientists or technicians, and one graduate from business
startups from universities and research institutes with the school. They are eligible for up to 250,000 euros in material
EXIST Business Startup Grant; and supporting outstanding expenses for equipment, capital goods, property rights,
research-based startups from science with the EXIST Research coaching, and so on. Phase II is after formation of the company,
Transfer programme. and covers product development onward to market entrance.

The EXIST gives entrepreneurs freedom to start a company Startups in this phase are eligible for 180,000 euros for 18-24
with almost no financial risk. The country-wide entrepreneurial months. This phase of funding deals with measures to start
and transfer network also gives young entrepreneurs free business operations in the newly created technology venture
professional consulting and mentoring. Around 2,300 startups as well as meeting the prerequisites for external business
from a wide variety of research fields have graduated from financing.

Mexico: "Emprendecalogo" from ASEM to Promote the Startups

The Association of entrepreneurs of Mexico (ASEM) presented
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the "Emprendecalogo", 10 "commandments" which apparently
are essential for facilitating the startups in the country. The ASEM,
which has 14,000 members, has already driven several changes in
Mexican public policy. The "Emprendecalogo" includes the following
suggestions:
• Urge the changes in the terms of payment.
• Make use of technology to simplify the procedures.
• Adopt the appropriate tax schemes
• Promote the establishment of an "Entrepreneur VISA" to facilitate the international entrepreneurs to start up business in Mexico
• Foster high-impact entrepreneurship and support the entrepreneurship of high social and environmental impact.
• Encourage female entrepreneurship: promote conditions to ensure more women and minority entrepreneurs participants.

• Ensure the existence of a Government entity that promote entrepreneurship in the country which is required by the Constitution.
• Ensure entrepreneurs to participate in discussion of public policy of the country.
"Emprendecalogo" is a kind of solutions to all the problems which the entrepreneurs in Mexico usually confront. It urges the government to
unveil more preferential policies to support the entrepreneurship and develop Mexico into a country rich in entrepreneurship and innovation.