For ITU students & ITU startups at any stage

Based on the maturity of your business idea and your startup needs, the Startup Programme is a staged process where we aim to advance ideas from "Proof of Idea" to "Proof of Business" for further acceleration and pre-seed investments. We will ensure that you get the proper tools to reach your objectives and help you advance between the different stages of development.

Proof of Idea

Work on your idea and turn it into a valuable startup. Figure out a problem worth solving and build a working prototype.

Proof of Concept

Grow your startup and your userbase together with your customers while improving your product and your partnerships

Proof of Business

Scale-up your business with more resources and grow into a valuable business that can attract the right seed investments

Stage 1: Proof of Idea


Getting started can be hard and we want to give student entrepreneurs the right tools to do it, while focusing on problems worth solving. We are here to help you start forming a team and improve your idea by exploring different potential solutions. Workshops and activities will ensure that you iterate your business model, start pitching your idea and start working on your minimum viable product. The goal of this stage is to find out what is the right problem to solve, and work on building a prototype solution to advance to the next phase of development.

Requirements: To participate you must be an active ITU student who is not delayed in his education, or a recent alumni (graduated less than 1 year ago).

We can provide you with:

  • Free incubator programme that lasts 3 months
  • Business development workshops
  • Legal workshops
  • Finance/Accounting workshops
  • Free accounting platform for one year
  • Personal business developer (two monthly meetings)
  • Access to specialised mentors from the IT University
  • Support to write applications for early funding

Stage 2: Proof of Concept


In the proof of concept stage you will further improve your solution to turn your startup into a feasible business. With our help you can focus on business development, meeting the right mentors from both the industry and from ITU, hands-on help with intellectual property rights, legal counseling and much more depending on your needs. Your startup will be granted an expense account that may be used to pay for equipment, services or advice needed to mature the business idea, including office space at ITU so you can focus on what is most important, your startup.

Requirements:To be eligible, the team with at least 50% ITU founders must have participated in the Proof of Idea stage, or have participated in other similar entrepreneurship programmes with an existing prototype (ex. Venture Cup). Please submit your business documentation and prepare relevant performance data.

In exchange for 5% shares in the company* you get:

  • Acceleration programme for 6 months incl. facilities
  • Expense account up to 20 000kr for R&D costs and prototyping
  • Personal business developer (two monthly meetings)
  • Access to specialised mentors from industry & ITU researchers
  • Support to establish an advisory board with specialists relevant to your business
  • One-on-one legal counselling sessions
  • Financial management & accounting counselling sessions
  • Free accounting platform for one year

*The agreement includes a buy-back option which enables the entrepreneur or early investors to buy back to shares from ITU Business Development at the end of the programme at a fixed rate.

Stage 3: Proof of Business


After creating a solid solution or product with your startup it is time to scale-up your company and get the support you need to continue building your team, acquiring more clients and growing your market position. In this stage we help you leave the university nest, and join the entrepreneurial ecosystem at large.

Requirements: To be eligible for this phase the startup must aim to develop intellectual property, proprietary software or inventions that can be protected by a patent or as a utility model.

At this stage we can offer:

  • Pre-seed/Seed Investment
  • Personal business developer (two monthly meetings)
  • Access to further seed and venture capital funding
  • Access to specialised mentors from the IT University
  • Support to establish an advisory board with specialists relevant to your business

Applications are now open!
Deadline: 15th of February

About

ITU Innovators and ITU Business Development joined forces to launch a permanent incubation opportunity for ITU students. Bringing the community together with more resources and effective execution enabled us to support students in a whole new manner.
  • 2015

    Student Entrepreneurship in ITU

    ITU Innovators has succeeded in bringing entrepreneurship into focus in the study environment of ITU like never before! The community has grown, becoming more active, which meant there was a need for an incubator for ITU students to get the help they need!

  • 2016

    Launching the Startup Programme

    The natural next step was to start a student incubator and continue our growth together with our partners. By focusing on supporting students with workshops and resources we are now maturing business ideas into valuable companies, and helping the future entrepreneurs thrive!

News

Updates from our programme & other useful resources for starting entrepreneurs
Jan 0
Jan 0

Spring 2017: Applications are now open!

We hope you had some time to charge your batteries and come up with some good business ideas, because we’re back in business and we’ve just opened the registrations for the Startup Programme Spring’17 batch! Last year we learned a lot about what student startups need most and we talked to many teams in need […]

  Read more
Jan 0
Jan 0

How do we evaluate whether a project can proceed to the Proof of Concept stage?

To qualify to the Proof of Concept stage in the Startup Programme, your business case will be evaluated on 8 different criteria; Potential, Customers and Market, Value proposition, Scalability, Team, Technology, Engagement and Progress. A panel will be put together to discuss the overall assessment of the business case. Furthermore, to proceed from the Proof […]

  Read more

Contact Us

If you have any questions you are always welcome to write to us or call us for any additional informal about the Startup Programme. Our staff and mentors have all signed a confidentiality agreement, so your information is safe with us.

IT University of Copenhagen

+45 7218 5098

info@itu-bd.dk

Get In Touch