Young entrepreneurs and startups from the life sciences, chemistry and energy sectors can apply for the idea phase of the Science4Life Business Plan Competition apply. The main topic: digitalization.
The Science4Life business plan competition is entering a new round. This year, it is again divided into three phases: In the ideation phase, startups describe their technology, present their business idea, and assess its market feasibility. The concept phase focuses on describing the target market, developing and formulating the business concept, and reviewing market opportunities. Finally, in the business plan phase, startups create a comprehensive business plan outlining their business venture. Furthermore, they refine their corporate strategy and plan their market entry.
You can participate and win in all three phases. The core theme of this round: digitalization. Peter Wonerow, the project manager of Science4Life, says:
"The number of digital business models has increased significantly in recent years. To be successful, the new solutions must integrate seamlessly into the business processes of established companies and industries. We support those interested in starting a business with our expertise on their journey to achieve this."
This is what the winners of the Science4Life business plan competition can look forward to
The competition offers young founders the opportunity to have their business model evaluated and reviewed by industry experts. Furthermore, the best business plan in the life sciences and chemistry sectors will be rewarded with the Science4Life Venture Cup. Startups from the energy sector can win the Science4Life Energy Cup. All winners are also eligible to participate in the Science4Life Academy Days, where they can take part in various workshops, coaching sessions, and individual media training. Interested? Then apply. here until 1 October 2019 for the first competition phase.
All information about the Science4Life business plan competition
