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- Every year, billions in grant funding go unused by companies – SectorPi aims to change that.
- AI-powered feedback significantly increases the success rate of grant applications and reduces the time required for submissions.
- At launch, over 50 companies have chosen SectorPi.
Berlin, 05.11.2024 – Berlin-based startup SectorPi announces the official launch of its AI-based platform, fundamentally simplifying the application and management process for public funding. In a billion-euro market, SectorPi is meeting strong demand for efficient access to grants.
The Challenge: Bureaucratic Obstacles Stifle Innovation
Every year, billions in grants go unused because the application process is too complex and time-consuming. Small and medium-sized enterprises (SMEs) in particular often forgo applying for grants due to bureaucratic hurdles and limited resources. According to a Bitkom survey, 66% of surveyed companies avoid applying for grants due to the administrative burden. This not only stifles individual company growth but also hampers the overall innovation potential of the economy.
SectorPi’s Solution: Efficient Access to Public Funding
SectorPi addresses this issue directly by offering a platform that strategically guides and simplifies the entire public grant application process. Key features include AI-driven real-time assessment, which instantly checks all entries for compliance with funding criteria, significantly improving application success rates. An automated reporting tool creates all necessary documents with a single click, reducing administrative effort considerably. A centralized management function enables efficient data capture for employees and contractors, allowing their information to be flexibly reused for future applications. The platform is complemented by experienced funding experts who support the entire process, carefully review applications before submission, and provide assistance with inquiries or appeals – ensuring a smooth process and maximum chances of success.
A Market with Huge Potential
The market potential for SectorPi is enormous. In Germany alone, companies invest over 81 billion euros annually in research and development – and this amount is rising. A significant portion of these investments could be funded by grants if access were simplified. By streamlining the application process, SectorPi opens up new opportunities for companies to secure these funds and advance their innovation projects. This enables every company to strategically leverage grants for their innovation agendas.
"Our goal is to make accessing grant funding as simple and effective as possible, strengthening research and innovation in Germany. The complex funding landscape hinders a systematic approach – with SectorPi, we offer companies exactly this structured and thoughtful solution,” says Victoria Hoffmann, co-founder and CEO of SectorPi. “Our vision is clear: less time spent on administration and more funding for innovation!”
The Team Behind SectorPi
With over 20 years of combined experience in public funding, startups, and innovation, the founders bring the expertise needed to tackle this pressing issue.
Victoria Hoffmann, Co-Founder & CEO, has extensive experience at the European Institute of Innovation & Technology (EIT) and in Berlin’s startup and VC scene. She co-founded Europe’s largest community for women in Web3.
Sascha Traub, Co-Founder & CTO, brings years of experience as a Technical Lead at companies like Amazon and Porsche, as well as various startups.
Dr. Marko Häckel, Co-Founder, is a chemist with a Ph.D. and solid experience in innovation and research funding, having worked at Bosch, scientific organizations, and research institutions. He has founded several deep-tech startups.
About SectorPi
SectorPi is a Berlin-based startup specializing in simplifying and increasing efficiency in public funding for companies. The AI-based platform helps companies apply for and manage grants for research and development projects more effectively and successfully. With SectorPi, companies can focus on what matters most – innovation and growth – rather than facing bureaucratic hurdles. True to the motto: More innovation, less administration.
Contact
Email: press@sectorpi.com
Phone: +49 (0) 172 971 35 91
Website: www.sectorpi.com
