Among the top 10 award winners in the first phase of this year's Munich Business Plan Competition are startups from a wide range of application areas – including a novel viral immunotherapy for tumor treatment, an industrial smart watch, a digital simulation platform for engineers and wind-powered microcargo ships.
“The startups do not follow any supposed trend with their solutions, but rather exploit innovation potential in a wide variety of areas,”
thinks Fabian Brunner, Head of the Munich Business Plan Competition, in addition.
Applications for Phase 2 now open
The participating startups had to impress the jury in two stages: with their submitted written business plans and a subsequent pitch among 20 nominees. Regardless of whether they win an award, every business plan submitted to the Munich Business Plan Competition receives jury feedback.
In the second phase of the competition, participating startups will submit a business plan of around 20 pages, which will primarily outline their marketing and sales strategy. Both Phase 1 participants and career changers can register and submit their documents until March 29.
These are the winners of the Munich Business Plan Competition Phase 1
- 2na Fish develops a platform technology for therapy-critical in vitro diagnostics for cancer based on spatial analysis of gene activity.
- Bavertis offers software-based electronics for electric vehicles that increases battery life, reduces costs and enables battery diagnostics.
- Cargokite enables flexible maritime logistics through 100 percent emission-free microcargo ships powered exclusively by wind.
- Cstream is a tech startup specializing in the production of high-tech pumps and compressors.
- Directfem develops a digital simulation platform called Reveal that makes product development easier for engineers.
- Fusix Biotech is developing an oncolytic viral immunotherapy with a fusion-based mechanism of action for the intravenous treatment of solid tumors.
- Hyperdrives is dedicated to the limiting factor of electric drives – cooling.
- Livi offers women a simple and accurate measurement of core body temperature for the application of the temperature method for natural family planning.
- The Industrial Smart Watch Nimmsta achieves an efficiency increase of over 40 percent in numerous intralogistics processes.
- Omega develops a purely optical, non-invasive solution for in-ovo sex determination of chicken embryos before the day of pain perception.
