TUM Entrepreneurship Day & TUM Presidential Entrepreneurship Award 2013
The first TUM Entrepreneurship Day was held in the main hall of the Department of Mechanical Engineering on November 20, 2013. In addition to several workshops on topics surrounding “Starting a business,” attendees had the opportunity to learn about what TUM, UnternehmerTUM and our partners, Evobis and CDTM, have to offer scientists and students interested in starting a business.
Start-up teams that had already ventured into their first steps to becoming businesses presented their projects at the Start-up Fair. The following teams were represented:
Brewbarrel – cloudTeX – Emmas Box – Contigua – First Calling – flissade – fos4X – ISC-Systems – Landwärme – Magazino – Motius – myBib – NavVis – SocialTravel&Work – Testbirds – Volumerics – Yones
TUM Presidential Entrepreneurship Award
The conferral of the TUM Presidential Entrepreneurship Award marked the end of the day’s celebrations. The award ceremony was opened with a keynote address by Michael Muth. He spent many years as a scientist at the Institute for Precision Engineering and Micro Technology and founded his company, AeroLas, in 1997, which continues to be a world market leader in air-guided drive systems. President Wolfgang A. Herrmann then awarded TUM spin-off fos4X the TUM Presidential Entrepreneurship Award, which comes with a 10,000-euro prize. Start-up company fos4X produces fiber optic measurement systems with many applications, including wind turbines.
The award was endowed by the Bund der Freunde.
The winners: fos4X
The jury crowned fos4X the winner. The company was founded as a spin-off from the Institute for Measurement Systems and Sensor Technology. Certain in the knowledge that the energy revolution is one of the greatest challenges facing our generation, the jury was convinced that fos4X’s measurement systems would make a significant contribution in helping the world succeed in this Herculean task. Their technology allows you to measure the blade load on wind turbines. This helps optimize operational and maintenance costs, a turbine’s life expectancy, investment costs and the yield achieved by wind energy systems. fos4x offers additional fiber optic measurement technology systems as well, such as sensors for fiber-reinforced composites.
Teams that had already secured an initial funding round through private investors and whose business models could expect high potential for growth were nominated for the TUM Presidential Entrepreneurship Award.
Alongside fos4X, SurgicEye and ZS-Handling were also nominated. SurgicEye is produces medical technology and ZS-Handling produces systems that enable contactless handling of sensitive components.