Munich Business Plan Competition MBPW 2011 – more than a Business Plan Competition Access To Finance Through a Business Plan Competition IMAGEEN meeting Munich, March 31, 2011 Carsten Rudolph, CEO Munich Business Plan Competition Munich Business Plan Competition MBPW is the platform for  innovative Founders and young companies in the Greater Munich area and southern Bavaria  Entrepreneurial students interested from more than 20 universities  Innovative Scientist at universities and other research institutions  Investors, Corporates, Incubators, Consultants, Politics…and many more Foto: kallejipp / Quelle: photocase.com What are the key activities? Public Relations „pulse generator“ BusinessplanCompetition Qualified Feedback Education Financingnetwork Referral to investors Coaching und „active networking“ Networking with industry exoperts and consultants Individual Coaching Financing strategy development Services for Start-Ups are free of charge by sponsoring model for MBPW DATEV Earlybird Venture Capital Frankfurter Allgemeine Zeitung Häckl und Partner GmbH Steuerberatungsgesellschaft High-Tech Gründerfonds Luther Rechtsanwaltsgesellschaft MLP Geschäftsstelle München XI Osborne Clarke Pape & Co. Rödl & Partner Target Partners Promoted by Business Plan Competition provides staged preparation, education, and public attention for the startups Business Plan Competition  Three stages with increasing requirements  Educational program with seminars and workshops  Feedback from judges (industry experts, consultants, financial institutions)  Cash Prizes totalling 50.000 €, 3 award ceremonies  „season“ from Fall 2010 to Summer 2011 Some typical data Industry distribution (MBPW 2010)  Approx. 250 teams with a total of 800 participants  Life Sciences / Chemics: 10 %  Equal distribution of academic and non-academic paticipants  Electronics: 8 %  Approx. 200o visitors at events (total)  Non-technical: 23 %  ICT: 47 %  Industrial Eng.: 12 % The Business Plan Competition in detail bp. Goal: Development of an innovative business idea Content: Basic business model and definition of customer value Goal: Development of a basic businessplan Content: Concept of exploiting the market potential Goal: Finalizing the complete professional businessplan Content: Concept of implementing the business model Financial planning and strategy Deadline January 18, 2011 Deadline: March 22, 2011 Deadline: June 07, 2011 10 awards, cash prices 5 awards, cash prices 3 awards, cash prices The financing network is the „end of the funnel“ providing immediate access to investors Financing network  Guidance to startup through the entire financing process  Network of private and public investors  Business Angel network  Individual Matching  Investor Events Some Statistics  40 – 60 startups per year in the process (increasing) MBPW Financing network – how we work Business Angels F. Individual matching Inquiries via Website Telephone Recommendation etc. Criteria Complete businessplan Innovative business model Significant growth potential First session „Investor ready“ Further sessions Team has key Information and presentation for investors completed Presentations Public (Co-)Investors MBPW Team Banks Sample As many sessions as needed Venture Capital MBPW Investor mailings Recommendations, entry Events Pitches Contact www.mbpw.de MBPW GmbH Münchner Technologie Zentrum MTZ Agnes-Pockels-Bogen 1 80992 München Tel.: +49 (0) 89 - 388 38 38 – 0 Fax: +49 (0) 89 - 388 38 38 – 88 [email protected] Management: Dr. Carsten Rudolph