Photo: LMU Munich

“Start with Business Modelling”: Tips for your business plan

With the "Start with Business Modelling" program, LMU IEC supports founders in developing their business ideas. Startups can apply until March 24.

The LMU Innovation & Entrepreneurship Center (LMU IEC) With "Start with Business Modeling," founders can incorporate feedback from student teams into the development of their business idea. The program is jointly run by the Institute for Innovation Management and the Institute for Personnel Education & Management at Ludwig Maximilian University of Munich, as well as the LMU IEC. Students learn how to develop business models with the help of qualified instructors and mentors.

Using a business model canvas, the participating startups are analyzed with regard to various factors such as the value proposition, the target group and the sources of income.

What does “Start with Business Modelling” offer participating founders?

  • New ideas for startups
  • Concrete recommendations for the business plan
  • Possibility of focusing on specific fields of action of a business model
  • Access to current knowledge in start-up management
  • Building and expanding a personal network

The business ideas of the participating startups are legally protected by confidentiality agreements and a ban on use for all other participants.

Further information and the opportunity to register can be found here.

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