Last Friday the finale of the first Startup Week Wageningen took place. For 7 days the 33 participating students and recent graduates had been working on their idea for their own start-ups. During the finale a total of 5 groups presented their plans to the jury. This jury announced ‘Dutch Coral’ as the winner. As a reward the team obtained the possibility to request a micro-loan from StartLife.
Photo: Erik shows the coral to the jury © Sven Menschel
The participants first came together at student incubator StartHub Wageningen one week in advance of the finale. During this program of 7 days, the students and recent graduates became acquainted with different business models, they learned how to uncover the needs of their customers in a proper way, and they went to the market in Wageningen to do customer research.
‘Dutch Coral – Coral up your life’
In collaboration with Chantal, Anne-Johan and Chris he further developed this idea into a business plan to sell dead coral remains as house decoration or as ornaments. In addition they created the concept ‘Coral for Coral’: supporting a coral restoring foundation in Bonaire by buying Dutch cultivated coral.
Lots of passion and a large network
The jury was impressed by Dutch Coral’s presentation.
Kick-off by Ento Pow(d)er
The kick-off of the finale was done by the Ento Pow(d)er team. Tom and Bart, brothers, were drawn to the weekend with the initial idea of doing something with insects. Together with Borja, Thierry and Bjorn they elaborated on their plans and decided to write their business plan about protein shakes, based on proteins from insects for athletes with a lactose intolerance.
After Ento Pow(d)er’s story Patricia tried to convince the jury of her plan: making consumers aware about healthy food by selling burgers and providing workshops. This year her focus will especially lays on beans, the FAO’s annual theme for 2016.
Subsequently Laura presented her business plan on alternACTivities. This recently launched company aims at making consumers more aware about their consumer patterns. The jury was impressed by her enthusiasm and they encouraged Laura to remain focused, in order to make her company more efficient and more profitable.
The finale ended with Circle Smart’s presentation. They presented a plan that should benefit the local circular economy by connecting the waste streams of companies to other people that are looking for residual waste, such as the use of coffee pulp to grow mushrooms.
Student incubator StartHub Wageningen is a place for bachelor, master, and PhD students and recent graduates with an ‘entrepreneurial-mind,’ located at the Wageningen Campus. In collaboration with StartLife, the student incubator hosts interactive workshops, finance, housing and coaching via several professionals within its network.