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Mission Statement – What does the Unibator offer you?

Goethe University sees it as its priority to support the establishment of a contemporary entrepreneurial education. In addition it is conscious of its mission to run a modern enterprise for knowledge. For this reason the Goethe University, through Unibator, offers active support for students and entrepreneurs, who, in theory and practice, wish to establish their own business venture.
Within the bounds of Unibator all students are offered an active interaction with organizations. Furthermore there is a possibility for students to use office infrastructure including rooms, 100Mbit-Network connection of the university, usage of workstations and Application Server (Sun E 250), to help develop and test business ideas. These facilities are without any charges.
It is required to subsequently fulfill the presented standards. The objective of Unibator is to materialize business ideas, by developing phase wise a solid business plan.

I: Entrance screening

Process to entry is to fill the following draft sheet. On its basis the Mentor makes a decision on the person’s acceptance.
The mentor from the uni (Professor or Habilitand ) accepts the applicant if he or she considers the business model presented worthwhile, and agree to the following supervisory steps II till III.
The guidelines for the assessment are largely in accordance with the contact form of the former Technologieholding and will in the near future be constituted by the Business Angels Initiative Rhein Main.
The appraisal in this phase is decisive on the eligibility of the project which is why the business idea is rated higher than for example the market analysis. The appraised sheet correlates to the step by step improvement of the founding concept right up to a solid business plan.

II: Working in the Unibator

The paper which is meant to render the Product-/DL-Idea visible and appraisable is developed further. The Mentor supervises the progress of the draft and is responsible for its consistency. The basis for it is the Checklist already in use. The founding concept must particularly give information about:

- Products
- Target group
- Revenue plan
- Analysis of business competition
- Costs
- Operating schedule
- Competencies and requirements (e.g. HR, Technology, etc.)

Alongside the compilation of a presentation for future contacts with companies and financiers should be aspired.

III: Exit Unibator

The duration of the assistance by Unibator is normally 18 months and is divided into 3 phases of 6 months each. The end of each phase is accompanied by an assessment by the mentor. This assessment includes an appraisal of the hitherto existing business plan as well as the basic idea and a recommendation concerning further assistance.