CyberOne Hightech Award Baden-Württemberg
The CyberOne Award has been awarded by the state of Baden-Württemberg since 1998 for pioneering business concepts for technology-oriented start-ups and companies based in Baden-Württemberg. It is awarded annually. Since 2017, it has been awarded as part of the Hightech Summit Baden-Württemberg , a technology congress of the Initiative 4.0 of the Ministry of Economics, Labor and Housing Baden-Württemberg. The ministry has also supervised competition since 1998
Goal setting
In order to promote innovative business ideas and reward future-oriented entrepreneurship, the state of Baden-Württemberg, together with other sponsors and partners, is donating the CyberOne Award with the aim of giving a prize
- Is a catalyst for innovative business ideas in Baden-Württemberg.
- encourages participants to sharpen and develop their business plans and business models.
- Investors and business partners become aware of the company.
- promotes the creation of new jobs in Baden-Württemberg.
jury
The jury is reassembled every year. As a rule, leading representatives of the respective partner companies as well as high-ranking people from politics and science are appointed to the expert jury. The aim is to show the specialist and industry competence of all IT and high-tech areas in the jury in order to do justice to both the participants and potential investors.
Doping
Basically, the CyberOne Award serves as a network platform and is intended to introduce participating companies to potential investors and relevant experts. There are also cash and material prizes.
requirements
To participate, the company's full business plan must be submitted. This should show both the development and the economic feasibility of the business idea. During the tendering period, the bwcon Entrepreneurship Roadshow is also touring Baden-Württemberg, providing information about the business plan competition and imparting practical start-up knowledge on business planning in specialist lectures and entrepreneurial reports.
Evaluation process
The winners of the CyberOne business plan competition are determined by the specialist juries in two evaluation rounds. There are three categories in total:
- Industrial technologies
- Life Science & Health Car
- ICT & media and creative industries
First round of evaluation
Each juror receives the business plans submitted for evaluation that match their focus area. The decisive factor here is the one-sided management summary in which the business concept is presented in a complete, understandable and convincing manner. If you can convince here, the juror reads the entire business plan and evaluates each individual chapter on the basis of the self-developed Venture Development Index . This results in an average value according to which three finalists for each category are invited to the second application round.
Second round of evaluation
This begins with the invitation to an intensive course lasting several days at the Henri B. Meier Entrepreneur School in St. Gallen and ends with a pitch presentation, which lasts a maximum of 15 minutes, in front of the 20-person jury in Stuttgart. Each jury member evaluates the entries according to a fixed ranking system, from the sum of which the winners of the three CyberOne Award categories are ultimately determined.
The award ceremony usually takes place three months after the application deadline and has been held since 2017 as part of the Hightech Summit Baden-Württemberg.
Winning teams of the CyberOne Hightech Awards Baden-Württemberg 2018
| year | category | winner | Field of activity |
|---|---|---|---|
| 2018 | 1st place in the ICT, media and creative industries category | wirsindhandwerk gmbh | Recommendation platform for the craft |
| 2018 | 1st place in the industrial technologies category | ADLATUS Robotics | Fully automated cleaning robot |
| 2018 | 1st place in the Life Science and Health Care category | Opto Biolabs | Optogenetics research |
Others
For the first time in 2019, over 130 companies applied for the award.
Web links
Individual evidence
- ↑ CyberOne Hightech Award. Retrieved October 1, 2019 .
- ↑ Badische Zeitung: "It is important to us to support young talents" - Michael Mack in conversation - CyberOne - Badische Zeitung. Retrieved October 1, 2019 .
- ^ Economy digital Baden-Württemberg: detail page. March 21, 2017, accessed October 1, 2019 .