Strascheg Center for Entrepreneurship

The Strascheg Center for Entrepreneurship (SCE) was established in 2002 by Falk F. Strascheg, a venture capitalist and entrepreneur. It acts as a focal point for HM Hochschule München University of Applied Sciences’ (HM) enterprise and knowledge exchange activities. Munich is a key location for academic entrepreneurship in Germany and is home to 4 public and 9 private HEIs, with a total of 110,000 students. As an institute associated with the HM, the SCE is firmly rooted in the academic world.

SCE and HM have exclusively occupied top positions in the Gründungsradar ranking since its appearance and have been awarded prizes in EXIST III, IV and EXIST Potentiale. . SCE´s goal is to nurture entrepreneurial thinking and action through education and business start-up support measures. The range of education and research programmes combine practical knowledge and personal development in an interdisciplinary setting. The programmes focus on innovation and start-ups as well as corporate and social development.

The start-up activities offer guidance for young businesses from idea development to innovation, business incubation, international networking and collaboration with external service providers e.g. venture capitalists, specialised IT consultants etc. The outreach activities focus on supporting the regional, national and international eco system to create an alive entrepreneurship community.

SCE promotes learning in live entrepreneurial settings that enhances effectuation skills. HM and SCE take a process-oriented approach to entrepreneurship, by either starting with a precise idea or a set of personal competences, skills and resources. Students apply different methods (effectuation, design thinking, lean start up, business modelling, ...) as well as leadership skills and interdisciplinary team work directly to an innovation project which they will be working on. Project owners can be students, professors or companies. The aim is to create product or service ideas, business models and implementation concepts for market entry. Professors from the fields of technology, business, social sciences, and design as well as entrepreneurship coaches of the SCE support the interdisciplinary teams of 5 participants to actionable results. This way, theoretical learning will be directly linked to practical application.

SCE Start-up support is about providing assistance to individuals pursuing their own entrepreneurial ventures. Experienced consultants are provided along with work space at the university incubator, a project budget and access to outside experts for addressing special issues. Support is available for business ideas of any type or in any industry: products, services, high-tech or low-tech, software or hardware. Alongside general start-up consulting, SCE provides regularly qualification and network events and offers special assistance to entrepreneurial teams in the SCE Start-up League. Regional, national and international partnerships are a high priority at the SCE, with universities, businesses and institutions.