[destartupop]

It's not much money but absolutely sufficient to cover expenses and focus on building your startup. It paid 2500 € / month in income per person back in the day, and until recently the money was considered tax-free (as a scholarship) so it corresponded to a gross salary of about 50.000 € (without social security or retirement of course, so subtract 300 € per month for that). Now it's no longer considered tax-free but they increased the amount a bit in response, I'd say you will get 2.000 € in net income per month if you have a PhD (people with a Master or Bachelor degree get 500 € or 1000 € less, respectively). It's still not a tech salary but a living wage, and actually similar to what many people in non-tech jobs earn working full-time.

On top of that the program pays about 50k (?) for additional expenses, which you can use to e.g. rent an office, hire freelancers or cover legal costs.

For comparision, YC gives you 150k for a team of usually 2-3 people, and living expenses in SV are way higher than in Germany. So I wouldn't consider it a "bad joke" personally. Also, while the tutoring is not as good as YC some universities (especially TU Munich / LMU Munich and TU Berlin) provide really excellent mentoring, so I'd say overall it is a great program.

I'm just bummed out that nothing comparable exists for people with longer industry/work experience.