Dortmund, Köln, Frankfurt/Main, Hamburg (ots) –
At the awards ceremony this evening from 6 p.m., the Cologne-based Entrepreneurship Institute @ISM will award three prizes for the best innovations. With the Startup Competition, the business school wants to promote the entrepreneurial spirit of its students and graduates. The startup “FalconFinds” from Hamburg took first place. It is endowed with 1,500 euros and a 1,000 euro voucher for the ISM Academy. Second place, 1,000 euros and 600 euros voucher for the ISM Academy, goes to Clinitech with their app NiXi from Wiesbaden. Third place, 500 euros and 300 euros voucher for the ISM Academy, went to Vesting Circle, from Frankfurt. The special Gutman GAP prize, consulting services worth EUR 10,000, goes to the “Unite” team from Hamburg.
How can employees’ everyday working lives be improved? This year’s award winners address this fundamental question with their innovations. The answer for all three startups is: with innovative digital applications and AI.
“FalconFinds”: Personnel search made easy
In the healthcare industry, it takes 15 to 20 hours until a list of candidates is created, which recruiters use as a basis for contacting them. This can be done more efficiently – says the founding team Tim Oberhaus and Jeremias Schwarz, with the web application “FalconFinds” they developed. It automates and optimizes the entire search and data collection process in real time. What’s special: The search process imitates that of a real person, but reduces human errors to a minimum. The app can also be expanded to other industries.
Oberhaus completed his bachelor’s degree in “International Management” at the International School of Management (ISM) in Hamburg in 2023 and worked as a healthcare consultant. Jeremias Schwarz is a trained media designer and has been working as a freelance programmer for years.
CliniTech: Efficient documentation
Healthcare providers spend up to 33 percent of their working hours on documentation. This administrative work distracts from patient care and leads to higher burnout rates among employees. With their tool NiXi, the CliniTech team wants to reduce the burden of mandatory documentation in the industry. The AI-supported medical documentation tool helps to optimize healthcare workflows by automating documentation processes.
The founding team consists of Mahsa Yarahmadi, who is doing her Master’s in International Business at the ISM in Frankfurt, and Mehran Barzegari, Master in International Health Economics. Both also have a doctorate in pharmacy. Arman Yarahmadi contributes the technical know-how with his master’s degree in software engineering.
Vesting Circle: Regulate virtual investments more easily
High bureaucracy, tax burdens and difficult financing: Founders don’t have it as easy in Germany as in other countries. Startups need skilled workers, but often cannot pay them much. One solution is virtual investments, so-called virtual stock options, which employees or freelancers receive and which lead to a profit share when certain milestones are reached – without real company shares being awarded. However, this process is also difficult. The Vesting Circle team simplifies the process with a digital questionnaire and an online platform.
The startup was founded by Alexander Klug, responsible for legal issues, a graduate of Business Law LL.B at the International School of Management at the Frankfurt campus, and the software developer Jermaine Jonas Ernst, responsible for technical issues.
Special prize “GAP” from an ISM alumnus
The special “Gutmann Global Advisory Partner” prize was also awarded, which ISM alumnus Michael B. Gutmann donated for the 6th time. This year the prize goes to the Unite team and therefore to ISM students Haylie Wanamaker and Andreas Schuth, who offer a matching solution for students and seniors on the housing market.
Gutmann is motivated by the basic idea behind the GAP special prize: “that students and graduates should support each other.” There is a lot of gratitude at the EPR Institute when it comes to this special prize: “Founders win a consulting service worth EUR 10,000 – a great opportunity,” say Felix Fronapfel and Sarah Siepelmeyer, who are also ISM alumni.
Both, along with institute director Prof. Ulrich Lichtenthaler, are part of the jury, which also includes entrepreneurs Michael B. Gutmann, Björn Kemper and Katharina Tesch. Their collective conclusion is: “This year too we were able to choose between many innovative projects. This shows how much inspiration and potential still lies dormant in Germany.”
Background:
The International School of Management (ISM) is a state-recognized, private, non-profit university. With the international AACSB seal, ISM is one of the leading business schools – currently the only one with the globally renowned AACSB seal. Worldwide, only just under six percent are AACSB accredited – . In Dortmund, Frankfurt/Main, Munich, Hamburg, Cologne, Stuttgart and Berlin, the ISM trains young managers for internationally oriented commercial companies in compact and application-related courses. The range of courses includes full-time programs, part-time and dual study programs as well as digital distance learning. In university rankings, the ISM is regularly listed at the top with its high teaching quality, internationality and practical relevance. The international ISM network includes around 190 partner universities.
Press contact:
Dr. Karla Sponar
Head of Communications
ISM International School of Management GmbH – Non-profit organization
Gesellschaft
Otto-Hahn-Strasse 19
D-44227 Dortmund
Fon: +49 221.27 09 95-56
[email protected]
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Original content from: International School of Management (ISM), transmitted by news aktuell
