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De studerendes månedsmagasin - Studenterlauget

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enture<br />

bring your ideas<br />

cup<br />

to life<br />

How do ideas come to life? What separates the good ideas from the bad? Are the only ideas brought to life coming<br />

from high profile engineers? Questions like these might have crossed your mind, and you might even have wished<br />

to be the brain behind Skype or Google<br />

Text: Stine Trolle<br />

Picture: Esben Hjorth<br />

What is Venture Cup?<br />

As a student at ASB, you, and any other<br />

students under AU, have the opportunity<br />

to bring your ideas to life by entering the<br />

cross-disciplinary business plan competition,<br />

Venture Cup. The idea behind Venture Cup<br />

is to give students at Danish Universities<br />

and other higher educational institutions<br />

the chance to turn their ideas and projects<br />

into real life businesses. “In order to enter<br />

the competition, students do not necessarily<br />

need to have an idea or a complete business<br />

plan nor a complete Venture cup team.<br />

Students are able to enter the competition<br />

if they believe that they can offer skills that<br />

other teams might be able to make the<br />

use of, “says Anja Bukhave Larsen, project<br />

assistant at Region Midt Jylland. Networking<br />

workshops set up by Venture Cup provide<br />

students with the opportunity to discuss<br />

their ideas with other students who might<br />

possess skills in other fields. Thereby, it<br />

is possible to test, develop and optimize<br />

an idea before handing over a complete<br />

business plan to the judges.<br />

What is in it for me?<br />

By being a contestant in the Venture Cup<br />

competition, you will not only get the<br />

opportunity to have your ideas evaluated,<br />

critiqued and judged by business profiles,<br />

such as <strong>De</strong>nnis Westergaard, Business<br />

<strong>De</strong>velopment Manager at Danfoss Ventures,<br />

Jacob Sand CEO of Capital+ and other<br />

8 COMMERCIEL - DE STUDERENDES MÅNEDSMAGASIN<br />

business profiles. It will also give you<br />

the opportunity to improve your resume<br />

by adding “Venture Cup contestant”<br />

to it. “Being a part of the Venture Cup<br />

competition, you have the chance to get<br />

feed-back on some of the ideas and projects<br />

that you have developed throughout the<br />

semester from professional real life business<br />

people, all free of charge. You get an insight<br />

into how things are in the real business<br />

world, and you get the chance to present<br />

your idea and profile to high profile business<br />

people, which might be to your advantage<br />

later on,” says Hans William Falck, Masters’<br />

Student in IT and Information Studies.<br />

He and two other students are the people<br />

behind TAG, a TAG-shirt that is designed<br />

and developed to help blind people get<br />

around in their every day life. At the<br />

regional final, their idea was rewarded with<br />

DDK 10.000.<br />

Peder Østergaard, Vice <strong>De</strong>an of<br />

ASB and board member of Venture Cup<br />

representing AU agrees with Hans William<br />

Falck. “The competition gives the students<br />

a miniature image of what the real business<br />

world is like.” Peder Østergaard explains<br />

that there has been a good support from<br />

the business community and thinks that<br />

both students and businesses benefit<br />

from the interaction, and that the Venture<br />

Cup competition gives the educational<br />

institutions ideas to new cross-disciplinary<br />

educational programs.<br />

Mads Kramhøft<br />

Anja Bukhave Larsen<br />

Two students who have proven<br />

that cross-disciplinary projects are worth<br />

developing are ASB students Martin Klint<br />

and John Agerholm. In a project with<br />

Hvidovre hospital, they realized their idea<br />

of Immutell and they were also the winners<br />

of DDK 10.000 at the regional Venture<br />

Cup final. The two Master’s Students are<br />

blogging on ASB’s web page and are now<br />

preparing for the national final where the<br />

first prize is a sum of DDK 250.000.<br />

How to enter Venture Cup<br />

“One of the first days of class, one of our<br />

professors encouraged us to enter the<br />

Venture Cup competition because it gives us<br />

the opportunity to put theory and projects<br />

into a real life perspective,” says Rasmus<br />

Enø, another of the three master brains<br />

behind TAG. The three students all agree<br />

that professors and teachers at the different<br />

faculties have a huge impact on how many<br />

students that enter the competition. Anja<br />

Bukhave Larsen explains that the amount<br />

of entering teams has tippled this year in<br />

region Midt Jylland; it might be because<br />

promotion has been a bit broader this year,<br />

or because students now have a better idea<br />

of what Venture Cup is. Conclusively, she<br />

points out that it still is possible to enter<br />

the competition on www.venturecup.dk by<br />

submitting a 15-30 pages business plan of<br />

your idea by 12 May 2008.

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