IST’s Entrepreneurship Lab (e-Lab) aims to provide the foundations for entrepreneurial activities among IST’s scientific and administrative staff. All areas relevant for establishing and running a tech company are addressed, ranging from the protection of your idea/invention over the creation of a business plan, sales and marketing, to financial and regulatory topics.
Course Objectives
Participants shall
acquire a solid overview on what it means to found a technology company.
become aware of common pitfalls, do’s and don’ts concerning intellectual property, company registration, sales and marketing, and entrepreneurial financing.
become able to properly draft a business model and write a business plan.
become able to successfully apply for public grants and approach investors and incubators to secure funding for their business.
Target group: This course is open to the IST community; participants are encouraged to think about and develop a specific idea, but we also welcome participants who are still in the search phase.
Prerequisites: No previous knowledge of business administration and finance is required. The sessions will be of introductory nature and students are not required to be familiar with accounting and finance concepts.
Evaluation: Active participation in the course (viewing of videos, taking short online tests/quizzes, presenting a business idea, writing feedback/a reflection on the course).
Work breakdown:
Viewing of videos, reading: 5-15 hours
Preparation/reflection: 10 hours
Quizzes: 1 hour
Total: ~25 hours, ECTS do not satisfy any coursework requirements
Teaching format: Lectures: The comprehensive topics are introduced by online videos, lectured by IST’s tech transfer office. Links to in-depth resources (further videos, readings, and media) will be provided.
Coursework: An integral part of the e-Lab is active discussion and the possibility to work on one’s own business idea to gather feedback from peers, as well as getting in touch with the IST cube portfolio companies. Depending on the particular audience, a short presentation/pitch about a startup idea is encouraged. Work can be carried out in groups or individually.
Mentoring: It is envisaged that students who are pursuing a TWIST fellowship or other means to translate an idea into a concrete business, will receive individual mentoring after completing the introductory parts of the course.
ECTS: 2 Year: 2020
Teacher(s):
Alexander Fischl Ingrid Kelly Spillmann Bernhard Petermeier Alexander Schwartz Markus Wanko
Teaching assistant(s):
If you want to enroll to this course, please click: REGISTER
- Teacher: Alexander Fischl
- Teacher: Ingrid Kelly Spillmann
- Teacher: Bernhard Petermeier
- Teacher: Alexander SCHWARTZ
- Teacher: Markus Wanko