It’s a wrap — Pitch Day | Batch No. 1

 

On Jan­u­ary 15th & 16th the first Fast­Track batch was suc­cess­ful­ly launched with the program’s on-site Pitch Days at the Cer­avis office in Lands­berg am Lech. Due to the high qual­i­ty and amount of the received appli­ca­tions dur­ing the pre­ced­ing appli­ca­tion phase it wasn’t an easy choice for our indus­try part­ners to decide on the most con­vinc­ing teams and inno­v­a­tive tech­nolo­gies to be invit­ed to our Pitch Days. Our part­ners sift­ed through more than 300 ini­tial appli­ca­tions and select­ed the star­tups for the final round based on mul­ti­ple fac­tors – strate­gic fit as well as iden­ti­fi­able sce­nar­ios for pilot projects guid­ed them in their deci­sion mak­ing process, to name a few. 20 star­tups from Ger­many, Aus­tria, Swe­den, Switzer­land and Bel­gium qual­i­fied for the final round and were thus asked to take the stage to deliv­er a top-notch pitch.

 

As promised, Fast­Track offered direct acces to exec­u­tive lev­els right from the start — hence our part­ners’ Man­ag­ing Direc­tors did­n’t want to miss out on this chance. Dr. Thomas Brüch­er (CSE of Hirschvo­gel Auto­mo­tive Group), Thomas Englmann (CEO of HOERBIGER Antrieb­stech­nik Hold­ing GmbH) and Max Aich­er (CEO & Share­hold­er of Max Aich­er Group) opened the Fast­Track Pitch Days with their com­bined keynote, under­lin­ing the impor­tance of col­lab­o­ra­tion between the old and new econ­o­my.

from left to right: Max Aich­er (share­hold­er & CEO of Max Aich­er Group), Thomas Englmann (CEO HOERBIGER Antrieb­stech­nik Hold­ing GmbH), Dr. Thomas Brüch­er (CSE Hirschvo­gel Auto­mo­tive Group) and Thomas Offn­er (PwC Quar­ter­back) held the open­ing keynote.

After the keynotes our Pitch Days were offi­cial­ly on: every start­up faced the jury in a 20 minute pitch fol­lowed by a 10 minute Q&A. Togeth­er with 60 rep­re­sen­ta­tives from all three cor­po­rate part­ners, the Man­ag­ing Direc­tors rep­re­sent­ed the jury, pin­ning down star­tups in tough Q&A ses­sions.

 

Unlike in most oth­er pro­grams, star­tups were asked to not sole­ly deliv­er a stan­dard investor pitch, but rather come up with a tech­nol­o­gy-cen­tered pitch. Thus the attend­ing part­ner rep­re­sen­ta­tives were in a bet­ter posi­tion to eval­u­ate poten­tial use cas­es for pilot projects. In addi­tion to the pitch area, three mar­ket­place areas were set up to fos­ter one-on-one con­ver­sa­tions. A major­i­ty of star­tups used this oppor­tu­ni­ty to demon­strate their prod­ucts and ser­vices and elab­o­rate on poten­tial uses cas­es togeth­er with cor­po­rate part­ner rep­re­sen­ta­tives.

 

 

 

The diverse range of invit­ed star­tups com­bined with top lev­el part­ner rep­re­sen­ta­tives made this pitch event a tru­ly extra­or­di­nary one. The audi­ence was impressed by the qual­i­ty and lev­el of pro­fes­sion­al­ism that every sin­gle final­ist deliv­ered. The program’s focus on B2B star­tups pos­i­tive­ly con­tributes to the desired lev­el of qual­i­ty and pro­fes­sion­al­ism, which all indus­try part­ners require and rely on dur­ing the project phase.

 

No won­der our part­ners had anoth­er hard time when it came to select­ing the win­ners after the two-day event. Focus­ing on qual­i­ty rather than quan­ti­ty, all three cor­po­rate part­ners togeth­er select­ed 10 win­ner star­tups with which they plan to launch three-month projects tai­lored to the star­tups’ as well as the cor­po­rates’ needs. In March 2018, the project-phase is due to kick off, mark­ing the start­ing point for the project col­lab­o­ra­tion between star­tups and indus­try part­ners.

 

Con­grats win­ners!