bm|t’s own Karin Rabe served as co-organizer of the event and was able to draw on her experience from the bm|t Investment Days of 2012 and 2014. The STIFT also administered the «Thuringian Elevator Pitch» Event 12 times over the past years.
“The target groups of the 2 events are fundamentally similar,” said Rabe. “So we asked ourselves, why not get together and jointly launch a single event that can benefit bm|t, STIFT and, most importantly, the founders?”
The 2‑day event offered exposure to companies at various growth stages. One the first day, start-up founders had only 3 minutes to present their business ideas. The audience was given «monopoly money» to invest in their favorite start-ups, and the Audience Prize went to upyama.
The second day’s motto was “Build Success & Deepen Coöperation» and focused on innovative technology companies in the growth phase who were on the search for either investment or strategic partnerships. 20 companies were selected to present to potential investors; each company had 10 minutes to present and 5 minutes for Q&A. The industries in focus were:
- Biotech and medicine
- High-tech industrial production
- IT and media
“In preparation for this demanding endeavor, all founders received coaching on how to effectively present their unique business models,” said Karin Rabe, who was very happy with the execution of the event and the positive feedback received so far.
“The past two days have shown me once again how much creativity and enthusiasm we have here in Thuringia. I am excited to see our region develop into an attractive center of German innovation,” added Ms. Rabe.
You can find an overview of all prize winners at Investor Days Thuringia here.