KIT Entrepreneurship Talk with Prof. Stork – Pioneer of technology transfer at the KIT

Prof. Stork bei den KIT Entrepreneurship TalksOn April 23, 2015, the opening event of the Entrepreneurship Talks for the summer semester 2015 took place. Prof. Dr. Wilhelm Stork, multiple founder of KIT spin-offs, collegial leader of the Institute for Information Processing Technologies (ITIV), and director of the area of embedded systems and sensor engineering at the Research Center for Information Technology was invited as a guest. He talked about his professional career, which impressively combines science and entrepreneurship.

Prof. Stork already began to deal with entrepreneurial thought early on alongside to his pure research activities. His motivation in doing so was his curiosity regarding whether there was a possibility to realize his research results and whether there were already companies on the market that could manufacture products from them. The question about realization or even utilization of research results on the market was not self-evident at the time. It was a novelty and wasn’t viewed very positively. Consequently, Prof. Stork had to initially pursue his project relatively unnoticed.

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Tag of the Month: Key Performance Indicators

In the beginning, the chances for success of a startup are often not clearly foreseeable. The startup team works hard on building the business and has at least a subjective feeling about whether they are on track for success with their idea. To make this feeling measurable, so-called “key performance indicators“ (KPIs) are used. But what exactly are KPIs? How do they shed light on progress? Continue reading

Spark, fire, coal – factors for success with the EXIST Business Start-Up Grant

Many of the founder teams of students, researchers, and / or graduates of the KIT wonder whether their ideas, their startup projects, or their research projects are suitable for an application for the EXIST Business Start-Up Grant. Directly related to this is the question of what to bring to a successful application. Below, we highlight the three main evaluation criteria – which we will discuss in detail in the founder consultation with the teams. Continue reading