ESCP Business School Berlin, received the award of the BMWi-Program "EXIST – Potentiale” for their start-up funding concept ESCP B.E.S.T (Building European Start-Ups). Prof. Dr. Matthias Mrozewski, assistant professor for entrepreneurship at ESCP Berlin, represented the Jean-Baptiste Say Institute during the award ceremony.
“EXIST Potentiale” is a Germany-wide funding measure by the BMWi (Federal Ministry for Economc Affairs and Energy) for universities. The aim of the measure is to implement a start-up culture in universities and to create the necessary framework to support innovative and high-growth science start-ups. In total, 220 applications were submitted by different universities all around Germany, including private and public institutions. Expert juries evaluated the submitted project proposals and selected the best concepts in three categories for Start-up funding from the Economic Affairs Ministry.