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The coaching process at a glance

1. Introductory pitch

Our free coaching service is aimed at students, doctoral students, alumni and academic staff.

The Entrepreneurship Hub has accompanying coaches available for general questions as well as initial contact. Before such an initial contact, an introductory pitch must be prepared which provides a more detailed insight into the idea and the business concept behind it. The first step is to fill out an idea sketch, which can be downloaded here. When you prepare for a good pitch, we recommend the presentation of Vidar Andersen, which can be downloaded here. This helps in the further process to get an understanding of the business idea, the concept and the progress so far.

Coaching Agreement

2. Coaching Agreement

The Coaching agreement serves both sides to committ to the necessary steps within the framework of the founding process.

Once the pitch has been successfully completed, a verbal agreement is reached with the coach, which defines more precise milestones and objectives in the coaching process and is individually adapted to the respective business concept. The individual coaching only begins as soon as both the founding team and at least one accompanying coach agree.

Implementation

3. Implementation and individual coaching

Off to work!

Depending on the type of startup project, both the accompanying coach and other employees of the Entrepreneurship Hub will be available as contact persons during the further process. Our optional startup incubator also offers the necessary infrastructure, for instance office space and a business address.
In addition, regular status meetings are held between the team and the accompanying coach. Furthermore, all team members are cordially welcome to participate in our regular GründerMeetUps for the purpose of a professional and personal exchange with other founder teams.

Scaling

4. Scaling

If the startup grows successfully, further opportunities will arise

Once the business concept has been successfully tested and implemented on the market, a transition process can be initiated in collaboration with the accompanying coach to terminate the coaching and forward it to suitable project partners. Special attention is paid to the business concepts in order to create the best possible synergies between the startup and the other partners.

Contact

Kontakt

Anna Angermann

Dr. Anna Angermann

Ph.D.
Gründercoach

an.angermann@ostfalia.de
Telefon: +49 (0) 5331 939 33720

EXIST Business Start-up Grant

The EXIST Business Start-up Grant supports students, graduates and scientists who want to turn their business idea into a business plan. The start-up projects should be innovative technology or knowledge based projects with significant unique features and good commercial prospects of success.

You are an international student, graduate or scientist from Technische Universität Braunschweig, Ostfalia or a locally based research institute? And you plan to start an innovative business in Germany? Great! The German Federal Ministry for Economic Affairs and Energy has set up the EXIST funding program, which can support you to establish your startup!
Please find below information quoted from the EXIST website. If you wish to know more about this funding program, please contact the Entrepreneurship Hub info@entrepreneurship-hub.org or use the button at he bottom of this page.
Please note: We do not exclusively support students and founders from TU Braunschweig. You may as well choose to contact TU Braunschweig’s TTO directly under: https://www.tu-braunschweig.de/technologietransfer/gruendung/foerderprogramme/index.html?lang=en

What is the EXIST Business Start-up Grant?

The EXIST Business Start-up Grant is a nationwide program set up to fund early-stage start-ups from universities and other research institutes. The program provides funding for the development of an idea for a product/service, as well as the business plan, up until to company launch.

What is eligible for funding?

  • Innovative technology-oriented start-up projects
  • Innovative services offering substantial benefit for the client based on scientific findings indicative of a unique selling point on the market

Who is eligible to receive funding?

  • Academics and non-university researchers
  • Graduates or former research assistants (up to five years after graduation/leaving the institutes)
  • Students who have completed at least half of their study at the time of application
  • Start-up teams of up to three people. One of the team members can be a person possessing a recognized voca- tional qualification or who completed university educa- tion more than five years

How does funding work?

  • Maximum period of funding: one year
  • Subsistence grant depending on degree already obtained:
  • Doctorate: € 3,000/month
  • Graduates: € 2,500/month
  • Non-graduate professionals with a recognized vocational qualification: € 2,000/month
  • Undergraduates or students: € 1,000/month
  • Extra support for parents: € 150/month/child
  • Material expenses: up to € 10,000 for start-ups set up by an individual (up to € 30,000 for teams)
  • Start-up-related coaching: € 5,000

What steps need to be taken?

  • Applications for funding must be submitted by the university or research
  • Applicants must provide a summary report outlining their business
  • The university or research institute designates a mentor who commits to providing specialist A start-up network ensures that the entrepreneurs receive the necessary support.
  • The university or research institute provides the entrepreneurs with the relevant infrastructure for one

Application deadlines

Applications can be submitted at any time to Project Management Jülich, which has been commissioned to run the program on behalf of the Federal Ministry for Economic Affairs and Energy.

More Information at

www.exist.de

EXIST is a funding program set up by the German Federal Ministry for Economic Affairs and Energy (BMWi) and co-financed by funding from the European Social Fund (ESF).

The ‘EXIST – University-Based Business Start-Ups’ programme receives funding from the Federal Ministry for Economic Affairs and Energy and from the European Social Fund.

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