Startup Live Krems #1 roundup

Key facts

  • Date: 16.-18. March 2012
  • Place: BORG Krems, Krems/Austria
  • Participants: 55
  • Mentors: 18
  • Judges: 6
  • Idea pitches: 14
  • End presentations: 9

Introduction

Already in summer 2011, the kick-off meeting between STARTeurope and StuCon concerning the Startup Live Krems #1 took place. The huge difficulty of finding a suitable location kept the Startup Live Krems crew busy until the mid of October, but then it was finally clear: the Startup Live Krems #1 will take place in the BORG Krems, from the 16th until the 18th of March 2012.

Krems is a little city with a university offering a lot of different programs. Therefore the Startup Live Krems team decided to not organize this event with a special theme in order to guarantee a wide range of different ideas and backgrounds.
The aim of the Startup Live Krems #1 was to give young, innovative, creative and motivated students and young professionals the chance to present their idea, improve it, work on it, bring it to the next level and to provide the opportunity to work on an idea with team mates. Therefore Startup Live Krems #1 offered the general framework.

Friday – Kick off

Friday, 16th of March was the kick-off-day: 50 participants registered in the BORG and were ready for a weekend full of hard work, networking, fun and a lot of experience. Already in the beginning, ideas were shared, first discussions came up until it got 5pm and the weekend officially started. Gudrun, the organizer of the Startup Live Krems #1, was opening the event and gave a brief introduction to the participants. Startup Live KremsThomas Ecker from the sponsor tecnet equity and Thomas Nennadal from the sponsor accent were also shortly speaking about the event. Then, Walter Grassl inspired the young idea pitchers by giving a short motivational speech in order to guarantee everyone giving 150 % within the 90 seconds elevator pitch. Shortly after 6pm the pitches started and 14 ideas were presented. The ideas ranged from sustainable clothing to high-tech ideas. During dinner the teams were formed accordingly, where the needs of ideas were matched with the skills of the participants that didn’t present an idea. In doing so, teams were built, who then went to their personal “HQs” of the weekend. The goals for the weekend were defined by each team individually. It was amazing to see people of so many different backgrounds working and bonding together right away.

Saturday – The hard working day

The main task of the Saturday and Sunday was getting all things done in time! After having a healthy breakfast, STARTeurope’s creative brain Artur Lapinsch delivered a presentation about the Business Model Canvas so that the individual teams also follow a red thread in their working progress. Startup Live KremsAfter lunch, the mentors arrived. Marketing experts, founders, HR professionals, investors and business angels came to support and help all teams with their experience and expertise. After briefing the mentors about their tasks, the mentors, went to the groups, listened to their idea, their plan, their challenges etc. The mentors gave honest feedback, which was very helpful for all teams but at the same time sometimes tricky to realize. The feedback gave the participants essential insights on their business ideas. Afterwards some mentors stayed longer than planned to discuss further ideas in a loose atmosphere. The teams refreshed themselves with excellent pizza while listening to Mark Tuttle, who stayed the whole weekend and who was explaining in a presentation how to prepare for the final pitch on Sunday. Then the teams worked the mentors’ feedback into their business ideas. Again, although the long night of the day before, many teams stayed till late night, worked on their ideas and also relaxed together in the cosy beach chairs.

Sunday – The big day

Startup Live KremsThe final day has arrived. On Sunday, everyone was feeling that it´s the final big day and the last day was fully dedicated to the final presentations. The teams were fine-tuning their ideas and finalizing the presentation. The BORG Krems was very silent, almost spooky as everyone was focusing on the presentation in front of the jury, which consisted of 6 judges:

  • Michael Moll (CEO of accent)
  • Thomas Ecker (senior investment manager at tecnet equity)
  • Stefan Kreppel (start-up representative of the FFG)
  • Mark Tuttle (serial entrepreneur)
  • Alfred Luger (co-founder of runtastic)
  • Werner Zahnt (partnter at Speedinvest)

The jury awarded 3 teams to be the best startups:

  • 2 tickets for the Pioneers Festival: Line Metrics
  • One month of free co-working space @ sektor5 and ½ day mentoring with Mark Tuttle: Me’Kono
  • Web-analysis by unit-m! and voucher for one service of StuCon: Smart Solutions

After the award ceremony, snacks and wine from Weingut Lust were provided in order to network, have fun together and just celebrate the winners, the great improvements and developments of the ideas,
If you want to see how the event went, check out our photo album on facebook and show us some love!

Hosts

StuCon




Big partners

accent
tecnet