The Entrepreneurial Innovation Hub, a hub located in Middle Franconia, began its efforts to enhance support for startups on November 1, 2023. The hub is organized by the University alliance of Friedrich-Alexander-Universität Erlangen-Nürnberg (FAU), Ansbach University of Applied Sciences, Nuremberg Tech – Technische Hochschule Nürnberg Georg Simon Ohm (Ohm) and University of Technology Nuremberg (UTN). The project, which is funded by the Free State of Bavaria as part of the “Hightech Transfer Bayern” initiative, aims to support start-ups by transferring knowledge and technology.
To further solidify Bavaria’s position as a start-up state, the “Hightech Transfer Bayern” initiative is dedicated to support young entrepreneurs in setting up their own business ventures. Start-up hubs have been established in the university regions of Swabia, Upper Franconia, Lower Franconia, Eastern Bavaria and Middle Franconia, enabling the practical realization of the entrepreneurial spirit. These regional hubs aim to advance and broaden start-up education through academic programs, financial support for start-ups, and hands-on assistance.
In this context, UTN collaborates with FAU, Ohm and Ansbach University of Applied Sciences to represent the Middle Franconian university region: The Entrepreneurial Innovation Hub offers a comprehensive three-phase educational program for students, where they collaborate across different universities to conceive and implement innovative projects, and make necessary adjustments based on the outcome. The final phase of the start-up process places special emphasis on the transition of newly developed products and services from these projects to the industrial sector. The program is complemented by optional courses, opportunities for international study at partner institutions, and a start-up track to prepare students for launching their own business.
“At UTN, we focus on networking – not only with our interdisciplinary approach in research and teaching, but also through the cooperation of science and industry. We aim to develop solutions for industry and society. With the Entrepreneurial Innovation Hub, we can intensify our work in this direction. As a newly founded university we are looking forward to collaborating with the other partners and building a strong network the entire metropolitan region can benefit from”, emphasizes Prof. Dr. Alexander Martin, Founding Vice President for Research, Innovation and Entrepreneurship.
Over a period of five years, the hightech initiative will fund the Entrepreneurial Innovation Hub with approx. 480,000 Euros and two permanent positions. In the event of a positive final evaluation, the Middle Franconian hub can become a permanent institution. Starting spring of 2024, students can apply to join the program. The first pilot run will take place in the winter semester 2024/25 and the summer semester 2025.
About the University of Technology Nuremberg
The University of Technology Nuremberg was founded on January 1, 2021 and has been the first new foundation of a state-run university in Bavaria since 1978. With its consistently interdisciplinary approach, an innovative spectrum of subjects, new teaching methods and a future-oriented organizational structure, a model university will be created when it comes to teaching and research. The university is to have an international, interdisciplinary and digital approach. Upon completion, up to 6,000 students will be able to study on a campus embedded in the surrounding quarters.