KIT high-tech incubator – Room for growth for otego

Despite an innovative business idea, the path to independence isn’t always easy. During the beginning stage of a startup, the main focus lies on the issue of financing as well as on searching for suitable spaces for realizing this idea. The rental prices for office and laboratory spaces then turn out to be costly affairs on the free market, which makes it hard for young entrepreneurs to gain a foothold.

Die Neuen im Hightech-Inkubator: André Gall, Frederick Lessmann, Matthias Hecht und Silas Aslan von oteo

André Gall, Frederick Lessmann, Matthias Hecht and Silas Aslan from otego

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Double victory for the KIT teams otego and store2be at the Elevator Pitch BW Regional Cup Karlsruhe

Three minutes – about the duration of an elevator ride – that is the time frame available for founders and young entrepreneurs at the Elevator Pitch BW to present their business idea. Ten startup teams rose to the preliminary regional challenge. Two KIT teams won over the jury and about 100 listeners with their poised presentations.

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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

Concretely realizing Industry 4.0 – That’s where it’s at!

An event of the venture forum neckar e.V. in cooperation with the Sparkasse Heilbronn on September 30, 2015 was to provide answers to the question of which challenges businesses will be faced with in the future and how they can be tackled. The continuously advancing digitalization of production processes and the increased networking of different production locations via the Internet, two big themes under the umbrella term Industry 4.0, often require rethinking, especially for medium-sized companies.

For startups, it is also important to deal with the topic of Industry 4.0 from the beginning. Many processes must be coordinated from the start in collaboration with customers and cooperation partners. The event offered a platform for recognizing the needs of startups, cooperation partners in industry, and investors/financiers early on in order to address them.

A total of four startup teams/startups from the KIT were exhibitors at the event. Three of them presented themselves in a pitch (12 in total) to the investors/financiers and potential cooperation partners with great success. All in all, the event was well attended by approx. 200 participants and approx. 20 startup teams.

Andreas Rüdenauer (Rüdenauer 3D Technology GmbH) und Dr. Rolf Blattner (KIT-Innovationsmanagement) am Stand der Rüdenauer 3D Technology GmbH

Andreas Rüdenauer (Rüdenauer 3D Technology GmbH) and Dr. Rolf Blattner (KIT Innovation Department) at the Rüdenauer 3D Technology GmbH stand

Dr. Rolf Blattner (KIT-Innovationsmanagement) und Frederick Lessmann (otego) am Stand von otego

Dr. Rolf Blattner (KIT Innovation Department) and Frederick Lessmann (otego) at the otego stand

Marcus Georgi und Tomt Lenz (GIN/Kinemic) im Gespräch mit Interessenten am Stand von GIN/Kinemic

Marcus Georgi and Tomt Lenz (GIN/Kinemic) talking to interested people at the GIN/Kinemic stand

Three KIT startup projects receive EXIST Transfer of Research

Twice a year, technology-oriented startup projects from universities and research institutions may apply for funding through EXIST Transfer of Research. With this funding program, the Federal Ministry for Economic Affairs and Energy (BMWi) supports outstanding teams of founders whose technology-based startup ideas require elaborate development work. The goal is to improve the startup climate at universities and research institutions as well as to increase the number of technological and scientific business startups.

In May 2015, the jury met and decided on the submissions from the January 2015 application phase. Altogether, 87 sketched ideas from around Germany were examined. Twenty-six startup teams from the areas of life sciences, energy technology, sensor technology, software, and industry 4.0 won the jury over and received approval for funding. Among them are three teams from the KIT: GIn, OTEGO, and Emmtrix. Congratulations!

The team of GIn – Gesture Interaction for Wearable Technologies has specialized in the area of augmented reality (AR). Using newly developed technology for gesture interaction, the aim is to considerably expand and improve the input options and the range of functions of AR glasses and ‘wearable devices’. The OTEGO team is working on a spin-off in the energy sector. With thermoelectric generators (TEGs), they hope to transform ambient heat directly into power when a temperature change occurs. The technology can be applied in a wide array of markets. The third startup project, Emmtrix, develops a software solution for programming multicore processors for simplifying the parallelization of embedded systems in the industry field.

These entirely different ideas were rated by the BMWi as technologically demanding and economically promising startup projects. With the help of EXIST Transfer of Research, the teams can now focus on continuing to develop, proving the technical feasibility, and preparing the startup. We wish the three teams a lot of success and will follow their development!

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