Promoting talent.

  • Start-up incubator helps get new ideas to the market.
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Deutsche Telekom supports talented students and innovative business ideas both within the Group and outside. The purpose of Telekom's hub:raum start-up incubator, which opened in 2012, is to help people who are starting a business get their ideas off the ground. Numerous Deutsche Telekom subsidiaries also offer grant programs to provide talented students with the financial support they need.

Telekom start-up incubator helps get new ideas to the market.

In May 2012, Deutsche Telekom opened its own start-up incubator, hub:raum, to help people who want to start up innovative businesses get their ideas off the ground. At hub:raum, start-up teams can further develop their ideas in an "incubator" environment and then introduce them to the market. People with experience in starting up businesses help them as mentors and Telekom also offers seed funding of up to EUR 300,000.

Interested start-ups can go to the hub:raum website and apply for the program. The program will take on around 10 to 15 start-ups each year.

The first hub:raum accelerator program was launched in November 2012, an eight-week training program where start-up teams can develop their business ideas into business models that are ready to be financed. At the end of the program, the start-up teams presented their business models to selected potential investors and the hub:raum team.

Scholarships support talented students.

In several countries where Deutsche Telekom subsidiaries operate scholarship schemes provide talented students with much-needed financial support.

  • In Bulgaria, for example, Globul offers scholarships to ten talented students as part of its annual Scholarship Program. The scholars receive monthly support up to graduation. If they perform well during the traineeship and vacancies are available, they are invited to join the Globul team.
  • In Greece, the OTE-Cosmote Scholarship Program provides financial support to first-year students enrolled at universities far from home. For the 11th consecutive year, this program is supporting first-year students at higher education institutions throughout Greece, and for the first time in the major metropolitan areas of Attica and Thessaloniki. For the 2012-13 academic year, OTE and Cosmote have offered 20 scholarships of EUR 15,280 each, and 26 honorary distinctions worth EUR 1,528 each.
  • In November 2012 Cosmote Romania offered five new scholarships to bring the total to 15 since 2010. The scholarship amounts to approx. 700 RON (approx. EUR 150) per month and student for the whole duration of a student's university studies.
  • In the same country Romtelecom offered a number of scholarships to reward talented students and young people with leadership potential. Three student scholarships were offered as part of the company's internship program through the Romtelecom for Romanians Foundation. Four scholarships were for students who performed outstandingly at the Leaders School, the only one of its kind in Romania. One scholarship was awarded so a Romanian student could study at Perrotis College in Greece (as part of the OTE Scholarship Program). Moreover, Romtelecom continued to offer students the use of voice, internet and IPTV services at its own laboratory in the Faculty of Electronics in Bucharest.
  • In Croatia Hrvatski Telekom offered scholarships to the six best students at the Faculty of Electrical Engineering and Computing. Moreover, Hrvatski Telekom joined the Zagreb Rotary Club's Kaptol scholarship program "Step into life" and funded five scholarships for students without parents. So far, this has provided 121 scholarships for young people from children's and foster homes.
  • In the third year of the T-Systems Slovakia Scholarship Program six scholarships worth 1,400 EUR each were provided for the academic year 2012/2013. The six students selected are all studying at universities in Košice, with two of them in their final year of studies. The aim of the Program is to generate educational opportunities for talented young people from eastern Slovakia, to train skilled new professionals who are committed to the development of that region, and to raise young people's awareness of their regional identity and the opportunities for volunteer work. The Program is targeted at university and college students from eastern Slovakia who are majoring in IT and relevant fields, as well as high school graduates apply to study one of those subjects.
  • In the reporting period T-Systems Malaysia introduced a High Achievers Scholarship Program as part of the company's commitment towards developing an intellectualized society and shaping the network future for business. The Program enables young scholars to pursue their tertiary education in universities throughout Malaysia.
  • Providing scholarship for the best students studying at state universities as well as internships and employment opportunities at the company on graduation, the AMC student scholarship program was run for the 11th time in the reporting period. This program helps to improve the quality of education and create sustainable human resources in Albania. In the reporting period, 18 students (eight freshmen and ten others) were awarded an AMC scholarship.