Axel Springer Plug & Play

The accelerator offers a three-month program, supporting startups with office space, mentoring and coaching, infrastructure, a workspace, and networking. The program runs three times a year, and the winning startups have a chance to travel to Silicon Valley and further grow their business. Investment: The accelerator provides a seed funding of 25,000 Euro against a shareholding in the company of 5% (the investment would be cash against equity, resulting in a valuation of 500,000 Euro). Read more about it in the Terms section.