KIT startup teams sweep the board at the CyberChampions Award 2015

ShareBW Kongress des CyberForumsOn 11/12/2015, the CyberChampions Award was awarded as part of the ShareBW Congress. The prize was offered to founders and young businesses from the extended TechnologieRegion Karlsruhe (Karlsruhe TechnologyRegion) in the categories “Best Concept” and “NewComer” as well as a special prize for “Innovation.” As early as October, 29 applicant teams pitched in order to be selected for one of the coveted spots in the finals. A 17-person jury, including former prize recipients as well as representatives from industry and economy, evaluated the submissions. The decisive factors for a spot in the finals were specific know-how about markets and customers, a clear positioning, and a smart strategy. Ten startup teams with roots at the KIT were selected among the 11 finalists. Continue reading

Pocket-size Health Screening

 

corvolution GmbH, a KIT spinoff, offers a sensor system for 48-h health checkups. Its use in industrial health management contributes to improved health of personnel.

Die drei Gründer von corvolution (v.l.n.r.): Dr. Stefan Lamparth, Dr. Malte Kirst und Dr. Silvester Fuhrhop.

The three founders of corvolution (from the left): Dr. Stefan Lamparth, Dr. Malte Kirst und Dr. Silvester Fuhrhop.

Health is widely known to be man‘s greatest asset. This applies not only to private health but also to health in the working environment. Healthy and capable staff members are the most important resource of a successful company. In times of rising workloads, prevention and health maintenance are therefore topics of increasing importance. This upward trend was recognized by Dr. Silvester Fuhrhop, Dr. Malte Kirst, and Dr. Stefan Lamparth some time ago; while working on their doctoral theses at the KIT Institute for Information Processing Technology (ITIV), the authors intensively worked on non-invasive diagnostic tools in cardiology and movement monitoring. Continue reading

Particularities of life science startups

For some years now, increasingly more startups in the life sciences sector emerge at the KIT, such as Amcure, Incella, Acquifer, Corvolution, or recently 300Microns. In this area there are highly exciting projects that, through their immediate international focus, have larger growth opportunities than a classic startup but are much more complex and thus also more labor intensive in the design phase.

While a technical or IT-based startup is mainly oriented on the market, a successful life sciences startup must also always act in the scientific field. Only those which are present at conferences and verifiably document results that were generated with the startup technology in scientific publications are perceived in the academic market, which is often the entry market.

The scientific founders therefore often remain in the academic field rather than transferring into the management of the startup company completely, which is otherwise usual. As co-founders, they assist in the advisory panel, the so-called Advisory Board, with product development, shape the corporate strategy, and support the acquisition of customers through their academic network.

The financing of life science startups is also a particular challenge. When laboratory tests for product development or manufacturing are required, the young company is going to incur high costs. Here, the KIT can help by providing for the initial phase of the founding with fully equipped laboratory and office spaces in the KIT’s own high-tech incubator for moderate rental fees.

Last but not least, life science founders need a lot of stamina. Economic success arises much later for them due to the long phases of product development and approval, particularly in the clinical field. In comparison, non-technology-based startups can offer a different product or service on the market after a short startup phase.

Are you currently working on a technology from which a business idea can be developed? Are you toying with the idea of founding a company? Do you need advice on founding? Then use the offers of the KIT Founders Forge and make an appointment with the consultant team of the KIT Innovation Management – we support you in your startup projects.