Help for young founders

Until now, students, employees and alumni of the university of bamberg who wanted to set up their own business or start their own company had one contact person to turn to for advice. That will change starting in spring 2020: the university is significantly expanding its advising and service structures for undergraduate projects. Federal minister of economics peter altmaier announced in berlin that the otto friedrich university is one of the 142 universities that have been selected for the "exist-potentials" program demanded.

The university of bamberg has funds of 1.6 million euros in the research focus "raising potentials which will enable small and medium-sized universities to build up structures that require a foundation. "In the long term, we want to establish the university as a central developer of science-based business ideas in the region", reports university president prof. Godehard ruppert in the press release of the university.

"Our strong point is that in the last few years we have built up an extensive network with the most important foundation-oriented partners in the region and within the university", according to henriette neef, commissioner for knowledge transfer and livelihood at the university of bamberg. Through the cooperations, it has been able to offer a variety of support services, such as basic consultation hours or seminars and workshops for those interested in starting a business. Within two years, around 300 people have attended such qualification and counseling programs. Five additional employees will bring in different amounts of money over the next four years. Mentors accompany promising business ideas

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