The Bridges Team at the Office of Science and Technology, Austria Washington DC.
Austria’s Entrepreneurship Avenue
Austria is ready for change, and ready to embark on its journey to become Europe’s startup nation by 2020, as the Austrian State Secretary Harald Mahrer recently noted in an interview.
To enable favorable conditions for the future entrepreneurs of tomorrow, new talent pipelines need to be set in place, which provide Austria with viable talent. The ECN Network, and its Director Rudolf Dömötör have been on the forefront of these efforts, establishing the Entrepreneurship Avenue amongst others.
As Austria's largest startup event series for students, it seeks to captivate students for the entrepreneurial lifestyle via four lab sessions and a one-day conference, which tackles basic yet essential questions on how to finance ones startup, up to how to penetrate and disrupt highly regulated industries.
Georg Fuerlinger, researcher at the Austrian Institute of Technology, and regular speaker at the OSTA/ABA Austrian Startup and Innovation Scene events in the USA, participated in this years Entrepreneurship Avenue, which he sees essential to Austria, "...unlocking its potential for innovation."
As a featured mentor he was able to pass on his advice to the eclectic startups, and students that participated. The labs and the conference, which drew over 750 students were hosted on the new futuristic campus of the Vienna Business University.
Fuerlinger applauded the interdisciplinary approach of the Entrepreneurship Avenue, which underlined that the startup arena is not only reserved to business or management students. Instead the translation of research to the market place is an essential one, which can be facilitated thanks to 3D-printing for example, a realm that was highlighted in one of the numerous Entrepreneurship Avenue conference workshops.
To keep with the career focused outlook of the conference, JobSwipr, a joint Technical University Vienna-Vienna Business University team went on to win the pitch award with their mobile job search application/platform. The viability of product was recently underlined again when the team won the Future Founder Challenge commissioned by the Austrian Rudolf Sallinger Foundation.
Austria's entrepreneurial effort shave not gone unrecognized, as the US Ambassador joined the Austrian State Secretary Harald Mahrer in greeting the young innovation students of tomorrow.
The ongoing international Pioneers Festival will set the stage for market ready startups, and could very well be the center stage for many of the young students that will decide to travel down the their very own 'Entrepreneurship Avenue' in the future.