Funding options

Our premium product for founders and start-ups is the Founders’ Factory (GFMG).

WFMG’s other first points of contact for individual support of local start-ups are the nextMG start-up and digitisation initiative (launched in 2016), of which WFMG is a founding member and driving force, and the regional Startercenter, which in Mönchengladbach is affiliated with the Middle Lower Rhine chamber of industry and commerce (IHK Mittlerer Niederrhein). WFMG is also a member of  Lower Rhine start-up region. Thanks to its excellent contacts with NRW.BANK and the local banks, WFMG is also able to offer regular NRW.BANK advisory days at its premises about RWP funding (regional economic development programme), which offers particular advantages in Mönchengladbach that go beyond the surrounding districts and municipalities.

A representative of WFMG is a member of the jury of the Lower Rhine start-up region which awards the NRW start-up scholarship to people who are about to start their own business; the scholarship is worth 1,200 euros per month and is awarded for up to one year. On the local level, WFMG has another representative on the jury through nextMG.

More points of contact and contact persons are listed here.