Business models from nanotechnology, ICT, medical and environmental technology succeed in phase 2 of the Northern Bavarian Business Plan Competition 2021.
Dr. Carsten Rudolph, Managing Director at BayStartUP says:
Startups with technological solutions, often combining hardware and software, were particularly strong in this second phase of the competition. They thus demonstrate one of the region's many strengths; already in the past, numerous technology-driven business models were able to prevail in the competition, from which successful companies such as va-Q-tec or iNDTact emerged today.
The Business Plan Competition Northern Bavaria is aimed at (prospective) startup teams from Franconia and the Upper Palatinate. With this offer, BayStartUP pursues the goal of strengthening startup activity in all regions and contributing to a diverse startup ecosystem. This includes preparatory business planning workshops, detailed feedback and networking offers. With these tools, the founding teams can prepare their business models for market entry. The winners from Bayreuth, Würzburg, Erlangen and Fürth and receive winner prizes worth a total of 9,000 euros.
Partner
Long-time partner of BayStartUP and sponsor of the event is the HypoVereinsbank.
These are the winning teams
1st place: inContAlert from Bayreuth
inContAlert is a bladder level monitoring wearable that helps incontinence patients to lead a carefree life again. The non-invasive sensor determines the filling level, reports this to a smartphone or smartwatch and thus prevents uncontrolled urine loss. This enables patients to reduce the use of aids (e.g. catheters, nappies) and, above all, consequential damage (e.g. to the kidneys). This reduces costs, especially for hospitals and health insurance companies, and helps those affected to substantially improve their quality of life.
2nd place: NanoStruct from Würzburg
NanoStruct develops innovative biosensors for the analysis method of Raman spectroscopy "SERS" in order to establish its industrial application. SERS (surface-enhanced Raman spectroscopy) makes it possible to clearly identify the smallest residues of certain substances, such as pollutants, explosives or viruses, but often requires adjustment. The NanoStruct biosensors are based on high-precision nanostructures, which promise a previously unattainable reliability of the method due to their accuracy. Thus, a decades-old problem of SERS is to be solved in order to achieve a higher efficiency of the analysis process.
3rd place: Magnetic Water Cleaning from Erlangen
Magnetic Water Cleaning uses specially developed low-cost and non-toxic "superparamagnetic" nanoparticles for sustainable water purification. The particles interact preferentially with organic contaminants such as hydrocarbons (including petroleum) and micro- and nanoplastics. They combine with the contaminants and can then be removed from the water with a magnetic field. An application is planned in petroleum production plants and sewage treatment plants.
4th place: Cado Medical Solutions from Erlangen
CADO Medical Solutions is developing a product to remove blockages in bladder catheters in patients in need of care. These frequent medical emergencies often cause severe pain and even life-threatening complications for the patients concerned. Today, only time-consuming, cost-intensive transports and catheter changes in clinics or surgeries can remedy the urine blockage. With the help of the CADO system, this can be solved in just a few minutes by the patient himself or by staff in nursing homes. The product increases patient comfort and safety at reduced cost to the healthcare system.
5th place: PCB Arts from Fürth
To optimise electronic systems, computing power is increasingly being shifted to the edge. This also increasingly applies to AI systems for a wide variety of applications such as autonomous driving or image processing, for which, however, individual hardware must primarily be developed today. PCB Arts has developed the standardised modular system "MULE", which integrates the computing units of the market leader NVIDIA. For the customer, the modular and configurable "MULE" offers a massive reduction in the development time of the assemblies by 90 %, a cost saving of around 70 % and can be used for a wide range of applications.
Mathias Heinke, Head of Corporate Banking at HypoVereinsbank in Northern Bavaria, says:
The broad regional distribution of the award-winning startups – from Würzburg to Erlangen to Bayreuth – is not only very pleasing, but also shows one of the great strengths of the Northern Bavarian startup landscape: its diversity. To help young companies realise their potential, we have been cooperating with organisations such as BayStartUP for many years and offer them an advisory concept specifically tailored to their requirements.
Final Competition Phase 3
Startup teams from Franconia and the Upper Palatinate can take part in the final phase 3 of the Northern Bavaria Business Plan Competition until 18 May 2021. A business plan of approx. 30 pages is required. All information via www.baystartup.de/businessplan-wettbewerbe.