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5 euros, an idea and ‘plenty of future skills’

Lecture hall 6 in the WIWI was well filled on 22 October. Students interested in starting their own business wanted to know all about the launch of this year's 5 Euro Business Competition. Dr Maria Diekmann, Programme Programme Director at PATEC, was and answer questions: ‘This programme allows you to get a taste of entrepreneurial thinking and pick up plenty of future skills.’ Together with Lisa Bultmann, Project Manager at the Bildungswerk Bildungswerk der Bayerischen Wirtschaft e. V., she coordinates the programme at the University of Passau.

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The audience at the five-euro business competition

For those who missed this introduction: Those who take part in the 5-Euro-Business-Competition, you set up a company for eight weeks and develop their very own business idea. With 5 euros symbolic start-up capital, you can already put a lot of it into practice. Participants first receive introductory business workshops and thus valuable basic basic know-how. During the programme, the young start-up teams are mentors from regional companies and institutions are available to the young start-up teams with valuable practical tips.
 
Those who were enthusiastic about the programme that evening had the  first opportunity to watch the  final pitches of the start-up teams from the Honours programme ‘Honours Degree in Entrepreneurship' programme for the first time and to get a little to pick up a bit of speed. There was a lot on offer here. Prof. Dirk Totzek, who had accompanied the finalists for a semester, was particularly particularly enthusiastic in his laudatory speech about the start-up teams. A newcomer in Passau would already find everything they need here: whether a smooth familiarisation settling in with Integration Compass, a personalised flat share with SFLhome, a particularly stylish and sustainable bag from RevivingRugs or - in case of study stress - a suitable time-out with ReiseNest - you can draw on the full range of options here. draw from the full. All of this year's teams are presented here presented here.
At the end of the qualification programme, the teams the teams also faced questions from a high-calibre jury. It consisted of Dr Jutta Krogull, lawyer and Managing Director of bayme vbm, Manuela Scheuchl from Dankesreiter & Scheuchl GmbH, Björn Weidehaas is a lawyer and partner at partner at LUTZ | ABEL Rechtsanwalts PartG mbB in Munich and Stuttgart. From  Dr Rodrigo Isidor, Professor of Human Resource Management and Intrapreneurship Management and Intrapreneurship at the University of Bayreuth and Director of the Institute for Entrepreneurship & Innovation, was another juror.
 
Prof Jan H. Schumann, Vice President for Research and holder of the Chair of Marketing and Innovation, emphasised: ‘The fact that the University of Passau has made PATEC permanent and firmly anchored it in the structure of the university shows the importance we attach to entrepreneurship education. It is not only a useful and stimulating programme for all students who are either already interested in founding a company or who want to get to know the subject and try it out. It is also an important long-term stimulus for the region, which is already benefiting from some very successful founders from the university.’
 
Would you like to know more about the start-up programmes? Get in touch at gruenden@uni-passau.de or take a look at the PATEC pages.

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