FH Kufstein Tirol, Festivities Hall
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
7€ Cash@School is the school edition of the 7€ Cash competition run by FH Kufstein Tirol and gives students the opportunity to experience entrepreneurship in a hands-on, realistic way – from the initial idea through to pitching in front of an expert jury. With only a small amount of start-up capital, teams independently develop business models and gain real entrepreneurial experience.
7€ Cash@School is now expanding beyond Kufstein: Thanks to the cooperation with IFTE – Initiative for Teaching Entrepreneurship and the Bundesstiftung Auxilium Pro Tirol, schools from other regions of Tyrol are taking part for the first time. Particularly successful teams are also given the opportunity to further develop their ideas at the NEXT GENERATION Award Tyrol and present them at both regional and national level.
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
