FH Kufstein Tirol, Festivities Hall
7€ Cash
Innovative business models to increase 7 euros of start-up capital in 7 weeks. In the €7 cash project at FH Kufstein Tirol, young entrepreneurs prove what they are really capable of. Find out now and start your next adventure!
OVERVIEW
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TOPIC
Development and realization of a business idea
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Intended Target Group
Students
Pupils from Tirol -
FORMAT
Contest
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ESTABLISHED
7€ Cash: 2014
7€ Cash @School: 2018 -
degree Program
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GOAL
Creativity, innovation, entrepreneurial thinking and action, teamwork
Students in the bachelor's degree program in Leadership & Business Management, as well as students from various schools from Tirol, are given the challenge of becoming entrepreneurially active with a starting capital of EUR 7. In a time frame of around 7 weeks, the small groups have to develop a viable business idea, convince customers, find partners and get to know the operational business life of a real company.
In the competition finals, you will have the opportunity to present your idea and your successes to date in an elevator pitch to an external jury of experts. The jury will decide on the awarding of attractive prize money of up to €600.
Moderated project over a period of about 12 weeks under the direction of the FH Kufstein Tirol.
- Introduction phase (approx. 3 weeks): kick-off event
- Company phase (approx. 7 weeks): payment of the starting capital of EUR 7,-, real business activity of approx. 7 weeks
- Final phase (approx. 2 weeks): follow-up, preparation of elevator pitch and presentation to an external jury of experts with feedback.
7€ Cash@School
In 2018, we also launched a version for students in cooperation with i.ku – Innovationsplattform Kufstein. Since then, 159 teams with 647 young entrepreneurs have participated and presented their projects to the expert jury. A total of EUR 66,178.12 was generated and distributed to charitable projects.
GREEN EVENT
The final of the €7 Cash@School project will be held as a Green Event Tirol. In the spirit of sustainability, we look forward to your support and ask you to travel by public transport in an environmentally friendly way. The station is a 5-10 minute walk away and is barrier-free. Find out more about Diversity & Social Responsibility at the FH Kufstein Tirol.
CONTACT
Dipl.-Kfm. Karin Steiner
Lecturer for Business Management, Entrepreneurship & Controlling
Partner
