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Content archived on 2024-05-21

Start-up Support for Entrepreneurs

Objective

Start-up Support for Entrepreneurs is a development and validation project with the main objective to develop, validate and transfer a new European model for start-up support of European technology based entrepreneurs to facilitate the setting-up and development of new innovative firms.
The aim is to create a transferable methodology of European Entrepreneurship training and support to European incubators.

Building blocks:
- A software and experienced entrepreneurial experts to support young entrepreneurs in writing an investor winning business plan;
- In-depth follow-up measures identifying 'top of crop' of best business plans to get financed;
- Preparation and personality training of business plan;
- Exposure to a board of venture capitalists, business angels and corporate investors called 'Investor Cage'.

Instruments:
- Internet linked information supply for market research, marketing and sales, as well as Internet supported pre-information and follow-up of the training;
- Hands-on coaching by experienced trainers and entrepreneurs and experts in market research, marketing and sales and financing;
- Access to venture capital, bankers, business angels and corporate investors.

Results expected:
- A validated training methodology beyond state-of-the-art with respect to training curriculum, software supported business plan writing, internet supported follow-up and a selection methodology of new business opportunities matching the identified demands of investors, in particular venture capitalists;
- 50 trained technologists in respect to writing an investor winning business plan;
- 50 internet based follow-up cases resulting in 50 business plans;
- the identification of 10 entrepreneurs with superior business ideas, strong and growing market potential and excellent personality and management teams;
- up to 10 new innovative growth companies financed by investors, in particular venture capitalists and corporate investors;
- the transfer of the validated results of the European model for start-up support for entrepreneurs to the incubator community, e.g. BIC Business Innovation Centres and Technology centres European wide, and academic knowledge transfer nodes, also highlighting methodology and success obtained;
- an Europe-wide licensed new software tool 'European Business Planner';
- study on factors of success and failure of succeeding financing as obtained by the follow-up and selection process.

Fields of science (EuroSciVoc)

CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.

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Topic(s)

Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.

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Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

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Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

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Coordinator

Gesellschaft fuer Technologiefoerderung Itzehoe mbH
EU contribution
No data
Address
Fraunhoferstrasse 3
25524 Itzehoe
Germany

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Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

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Participants (3)

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