What is a business idea, really?
At its core, a business idea is two things in one: a problem you want to address, and a solution you believe can solve it. Both halves matter equally.
Explore the research-based innovations our Batch #7 Max Planck start-ups are pursuing. Each team is pushing ideas forward that could help define the future.
Building a company involves many steps, from choosing the right legal structure and exploring funding options to refining the business model and market strategy. While the process can sometimes feel overwhelming, it is also an exciting and rewarding journey.
The founder’s sense of self needs to evolve just as much as the company does. Speed, control, and hands-on execution are vital early on, but later they can become obstacles to growth.
Securing funding is often seen as one of the biggest challenges in building a start-up. However, a strong financing strategy is not about raising as much capital as possible — it is about raising the right type of capital at the right time.