We faced tough times after we lost our potential business angels but in retrospect it was one of the best things that happened to us! It forced us to focus on our vision and our strengths and it taught us the value of money. If you have no money and have to borrow money from friends and family, every cent becomes important and you think about every cent you spend twice. However, having no money at all is not productive in the long term, because you have to spend too much time on thinking how to achieve your goals without cash. So having a little amount of money, especially for living, makes life and work much easier and more efficient!

So you can imagine how happy we were when we heard that we will get financial support by EXIST:

“EXIST is a support programme of the Federal Ministry of Economics and Technology (BMWi) aimed at improving the entrepreneurial environment at universities and research institutes and at increasing the number of technology and knowledge based company formations. The EXIST programme is part of the German government’s “Hightech Strategy for Germany” and is co-financed by funding of the European Social Fund (ESF).”

This is really great and it will boost the development of SnipClip! Now we can focus completely on product and business development. So stay tuned and have a good time!

PS: Thanks to Mr. Zinser from the LMU for all the advice and the feedback you gave us on our EXIST application!