Category: WERK1 Stories

THAT WAS THE PROCHILE INNOVATION SUMMIT MUNICH AT WERK1

The dreamlike metropolis on the edge of the continent’s largest mountain range is a true hidden champ in terms of a strong startup scene. Not only the young and wild show their most successful side here. The old-established economic greats together make up the capital of the national stock index. This impressive intro could almost also stand for Munich. But what is meant is Santiago de Chile. The ProChile Innovation Summit was the only European event of its kind to be held in the Isar metropolis with good reason.

EXPORT PROMOTION WITH BAVARIAN SUPPORT

In order to position its own economy even more strongly on the export front, Chile has a long history of diplomatic and economic cooperation with its 56 international export promotion offices. Since the beginning of the year, Munich has once again been on the long list of interesting markets. In the opening speech of the ProChile director, Jorge O’Ryan, it became clear that it is his personal concern to reverse the short-term absence of a local branch. After the former ambassador of Chile had assumed his new office, it became clear to him that Munich, with its excellent B2B opportunities, is not only an absolute must on the list of commercial agencies, but is also ideally suited as a European venue for the authority’s most important networking event. It is not necessarily part of ProChile’s 45-year-old DNA to focus on the country’s start-ups. The list of past export hits is too long. But a solid entrepreneurial scene is the most important pillar of Chile’s Social Economic Development and therefore also for Jorge O’Ryan.

TWO-DAY SUMMIT AT WERK1

After events had already taken place in Beijing and Miami for the Asian and American continents, ProChile now wanted to network both the Bavarian and its own start-up scene with Munich’s politics and economy with the Innovation Summit. Accordingly, the guest list included speakers, high-ranking diplomats, politicians and investors. Workshops, panels, keynotes and social events were held at WERK1 for two days. Separately invited guests also had the opportunity to visit Microsoft Headquarter Germany and the BMW plant on a private tour. The second day ended with a two-hour Venture Capital & Pitch Session. Even though the 48-hour event meant a tight program for all participants, the necessary networking discussions in a convivial atmosphere at WERK1 were not neglected.

THE “HOMEBASE” OF THE STARTUPS

The fact that the first ProChile Innovation Summit took place on European soil at Munich’s most startup-friendly location was the logical consequence. WORK1 not only provided the right ecosystem of founding spirit and networking for the country’s economy and economic policy, but also the usual hospitality. Clemens Baumgärtner as a speaker for work and economy of the city of Munich (and Wiesn boss, so much time has to be) was just as happy to refer to the host attributes of Bavaria and Munich in particular during his opening speech. It is therefore quite clear to him that Chile not only has a strong trading partner to expect in the state capital, but also the right place to develop new business models. With its 17 universities, the city has, on the one hand, an extremely strong academic startup scene and, on the other hand, the corresponding companies of relevant size and market placement that are important for a vital B2B environment. Even the best business model needs customers who are willing to pay.

THE MUNICH MIXTURE MAKES IT!

In the end, Baumgärtner was also important to mention that the “Munich mixture” is not something that the city was put into its cradle. The balanced distribution of different economic and corporate structures is particularly close to Munich’s heart. Only if SMEs, corporate groups and micro-enterprises share the same field as the different industries and sectors, can a city walk stably through times of crisis. The year 2008 had simply shown how important a diverse economy such as the one we have in Munich is. In this respect, it was completely clear what position the Munich start-up culture also has. Only where new things grow can old things thrive.

INTERNATIONAL NETWORKING OF ENTREPRENEURSHIP

WERK1 CEO Dr. Florian Mann was no less satisfied during the ProChile Innovation Summit. For him, the question of Munich’s position as a startup spot did not arise in the first place anyway. After all, we have two elite universities, an extremely high talent density, headquarters in IT, automotive, aerospace, consulting and much more. Even if only a third of the VC’s are to be found here, that is in comparison to Berlin and Co. quite little, the city simply has an innovative ecosystem. All the better if WORK1 functions as a brand in such an environment and wants to network international entrepreneurship with us. Florian Mann is definitely planning his next trip to Santiago in November. There he will have to award a place in WORK1 as guest juror in a national pitch session. We can therefore remain curious to see what the typical national founding spirit will bring to WERK1 from so far away…

CLINISERVE IN WERK1 – SOLVING THE CARE EMERGENCY WITH DIGITALIZATION

“The best thing about our work is that the nurses are incredibly grateful. At last someone is dealing with their problems.” Before Jaakko Nurkka, one of the founders behind Cliniserve’s digital nursing organisation tools, starts off for his last appointment of the day, we meet him at the WERK1 Café for an interview. Jaakko’s days are usually long. Because Cliniserve has dedicated itself to a mammoth task: To tackle markets with complex and outdated structures, but at the same time enormous volumes – the healthcare systems worldwide.

APPROACHING THE “CARE PROBLEM” WITH DIGITALIZATION

Around 100,000 nursing staff are currently absent from German clinics. And the work of those who “keep the health shop running” is sometimes chaotic, Jaakko tells us. He knows this from his own experience. Before founding the startup at the beginning of 2018, he and his two co-founders, Quirin Körner and Julian Nast-Kolb, completed several internships in clinics and nursing homes and thus learned first-hand about the stress nursing staff are exposed to during regular shift work. “A major problem is purely binary communication: the patient rings or doesn’t ring. The nurse doesn’t know in advance whether he only needs something to drink or has difficulty breathing, but still has to walk,” says Jaakko. This is exactly where Cliniserve comes in. More precisely, the app. The patient can load it onto his or her own smartphone via a QR code on the bed – in compliance with data protection regulations, of course – and use intuitive buttons to communicate concretely what he or she needs in the respective situation. The nursing team then organises the tasks via their own Cliniserve smartphone, delegates them according to qualification levels and saves the most important resource in nursing: time!

CARE & DIGITITAlization: REAL NEW TERRITORY!

In practice, German hospitals still organise most processes via pen and paper. The Cliniserve team can therefore look to the green field when it comes to digitizing nursing care – largely undisturbed, but also without significant support. However, a younger generation of nursing staff is increasingly demanding digital processes at work. And if the current state of care emergency has at least one good thing, then it is the fact that these needs of nursing staff are now being heard. Good prospects for Cliniserve!

ADDED VALUE EVEN WITHOUT IT INTEGRATION

We are currently in the good position that our customers are approaching us with their problems, Jaakko continues. Cliniserve is therefore continuing to develop the system with functions that go far beyond simplifying patient communication. With one limitation: “The in-house clinic IT is usually too complex for us to set up an integrated system quickly. We therefore provide both software and hardware and offer integration only as long-term added value.” In the long term, however, Cliniserve – according to the vision of the three founders – will actually become the fully integrated operating system for nursing care. And thus fundamentally change the work in the care sector.

CONFIRMED: THE MOST ‘STARTUP-FRIENDLY’ PLACE IN MUNICH

And anyway – the initial scepticism of the founders of Cliniserve as to whether this might not all become a little too “startup-hip” was quickly forgotten: “At WERK1 there is a pleasant mixture of peace and quiet for working and many opportunities to seek advice and to network. These include Jaakko and his team as well as industry events such as Roche’s Health Accelerator, through which Cliniserve itself came to WERK1. Events such as the recruiting fair or simply an uncomplicated lunch with other founders. “From our point of view, WERK1 more than lives up to its claim of being the ‘most startup-friendly’ place in Munich,” praises the founder. And must then however really loosely to its date…

We still have time to thank you for the interesting conversation. And for one wish: May the business idea of Cliniserve have exactly the positive impact on society for which the crew is so keen. So that we can all grow old with a good feeling in a few years’ time. Because we know that in an emergency, we are in good hands in the medical care.

WERK1 - Resident - Cliniserve - Logo

Startup: Cliniserve
Contact:  info@cliniserve.de
Website: www.cliniserve.de

FULFIN – SUCCESSFUL WITH E-COMMERCE KNOW-HOW AT WERK1

One click at Amazon and our desired product will be one day later on the doorstep. Convenient, fast and easy. The online trade and especially Amazon is booming, especially thanks to the marketplace concept. The marketplace also creates new opportunities for sellers. But many new traders encounter growth hurdles that cannot be overcome with equity capital. Fulfin is breaking new ground in the supply of credit to online traders. From their newly thought-out goods financing for online merchants
Hevella and Lakeside have invested a 7-digit amount of equity and debt capital in the start-up.

LACK OF CREDIT SUPPLY IN ONLINE Business

The e-commerce market is growing by more than 12% every year. Amazon dominates this market with 60% – tendency rising. Amazon’s marketplace offers new opportunities for young entrepreneurs to easily market their products. The path from the production of the product to storage, delivery and finally sale via Amazon is, however, very lengthy and involves considerable liquidity requirements. Conventional financial service providers and banks encounter problems here with their offers because they cannot adequately assess the risks and collateral available. This makes it difficult for online sellers to obtain a suitable loan.

INDIVIDUAL LOANS FOR E-COMMERCE MERCHANTS

Fredi Gruber and Nathan Evans from fulfin solve this problem with expert know-how from e-commerce and finance. Using digital interfaces, fulfin gets an exact picture of the seller, the product and the logistics route and can thus align the loan individually, precisely and efficiently. By dovetailing the financing with the logistics project, the existing inventory can be used as collateral and often even the costs of “fulfilments” can be reduced. This gives ambitious online merchants the opportunity to expand on the Amazon marketplace or at their own online shop with an individual loan.

Together, Fredi and Nathan have over 40 years of experience in financial management and e-commerce. In late 2017, Nathan returned from Silicon Valley and brought the right momentum to WERK1 Coworking. At the beginning of 2018, the two of them founded fulfin, after having long had the desire to build their own company.

WERK1 HAS AUTHENTICITY LIKE NO OTHER PLACE IN MUNICH

After one and a half years, the founding team feels so comfortable at WERK1 and the Munich East hub that they would like to stay for many more years. No place in Munich is as authentic as WERK1 tells us Nathan, and that is why they would have organized their “Seller Barcamp” with over 120 Amazon dealers and experts in WERK1. At a barcamp there are no speakers, but all participants put together a common program. The event was so well received that it was named one of the best events in the industry in Germany.

With the investors behind them, they will not only extend the idea of the Seller Barcamp to other German cities, but will also expand it as a team and successfully enter the future together.

Startup: fulfin
Kontakt: info@fulfin.io
Webseite: fulfin.io

SUMMERPARTY 2019 – WILD WILD WERK1 – FROM FACE PAINTING TO FLAMETHROWERS

Two big celebrations have now firmly established themselves in the WERK1 calendar: The Christmas party at the end of the year is always a chance to pause for a moment, to review the year and to celebrate what we have achieved together. On the other hand, the summer party is rather the gathering of the entire community: We get to know each other better, friends, family, alumni, mentors and many others from the WERK1 environment come together and we start the second half of the year. On Thursday, July 11th, the time had come again. Under the motto WILD WILD WERK1, we invited almost 200 visitors from WERK1 to start a big summer party.

START FOR FUTURE STARTUP-FOUNDERS WITH CHILD MAKE-UP – THEN IT BECAME “WILD”.

The youngest start at 16 o’clock. Thanks to the great help of our WERK1-Startup Artmasters, the children and later the adults were dressed up for the rest of the evening. Short time later, in the early evening all cowboys and -girls could prove themselves at Bull Riding – the winner got a ride for two in the Ferris wheel High Sky here at the factory quarter with more than one minute later in the evening. At exactly 6 p.m. Sheriff & Managing Director Florian Mann entered the bar: After a few words of welcome the catering was opened and all guests were prepared for the rest of the evening with burgers, hot dogs or baked potatoes. At 9 p.m. the DJ rang in the loud part of the evening in the WERK1 Café and kept the mood going until the end.

A STAGE FOR REVELLERS

Business development in a different way: Vanessa on the road as a fire devil

Startup’ler can not only work late into the night, also with the celebration some do not go one minute too early home. So it became a long night together with the WERK1 team and many guests from the community and together we start now into the second half of the year, in which surely still many further success stories wait for us all.

LATER IN THE EVENING IT GOT “HOT”.

In the meantime, there was a touch of Silicon Valley at the event: a flamethrower from “The Boring Company”, founded by Elon Musk, found his way to the guests thanks to our residents from Curiosity.ai and provided spectacular pictures – not a trace of “boring”.

Rethinking gastronomic experiences – ORDA at WERK1

Chris, Janis and Peter study together, have lunch break – and are hungry! In the restaurant of their choice they can get one of the crowded, coveted tables. But the only waitress is somewhat overwhelmed by the midday rush. The clock is ticking. A line of other guests, who want to order their food to take with them, wait with growling stomachs. Why is it not possible to order an app? Would be much easier! And the time until the finished meal could be used productively. At some point the waitress and also the food will come. Damn,… is it possible to pay with a card? No. “You could organize that quite easily with an app, too,” the three think. The idea for ORDA was born – that was 2017.

Gastronomes and customers should benefit

This is ORDA’s mission: In order to fulfill it, the app takes over the steps that can be digitized during a restaurant visit and thus simplified or accelerated: Order and payment. For the guest, ORDA has the advantages of ordering quickly via the smartphone, making cashless payments and avoiding long waiting times. Gastronomes can thus significantly increase their profitability, for example through optimized capacity utilization and higher average shopping baskets. On the other hand, they can pay more attention to the guest by relieving the service staff.

Always a bit “smoother”

Digital ordering and payment systems are already in use here and there. But since ORDA is already available on your own smartphone, this makes the whole thing much less complicated for the user. For ORDA, the biggest challenge is to build a B2C2B market and maximize the benefits for both the user and the restaurateur without compromising. The goal is to give users the opportunity to use their time and enjoy their lunch break as much as possible.

ORDA feels “poodle well”

Since ORDA went live with its first restaurant in 2017, the 13-person team has been able to focus on building a strong team and working closely with users and partners after a successful investment round. Here, at WERK1, the startup has felt “poodle-well” since the beginning of 2019. They are happy to take advantage of networking opportunities such as the AfterWERK or the monthly factory breakfast. At the same time they are inspired by the feeling of “being part of something bigger”, says Head of Marketing, Carmen de la Iglesia, when we meet them for an interview in the WERK1 Café. Just as a very special district of Munich, the Werksviertel, is designed outside, ORDA can actively help shape the future of the business hub in WERK1. And not just them!

From WERK1 to all of Europe

By 2028, ORDA’s vision is to be the pioneer and pioneer of digital ordering and payment in gastronomy throughout Europe. The ORDA team is expected to double within this year. We at WERK1 wish you continued success! And we are already looking forward to the gastronomic experience 3.0 also finding its way into the works district in the future. For an even more relaxed lunch break.

WERK1 - Resident - ORDA - Logo

Startup: ORDA
Kontakt: kontakt@orda-app.com
Webseite: www.orda-app.com

Communication is everything! – The speech therapy app developers Neolexon at WERK1

We need to talk. All of us. Speaking is our connection to the world. But for many people this is “easier said than done”. How important this is for our everyday lives is particularly noticeable when, for example, a stroke causes our ability to speak to be lost and we have to struggle our way back into the world of acoustic communication. The WERK1-Startup Neolexon helps – with the most modern speech therapy app on the market.

Practice – the key to therapeutic success – Actually

The German Society for Neurology recommends 10 hours of speech therapy per week. The reality is different: In therapy, patients usually practice just one hour per week. Far too few and current offers are not tailored to everyday situations. Hanna Jakob found a solution to this problem. When she worked as a speech therapist in a clinic during her speech therapy studies, there was often not even time for this so important exercise session, because the patients first had to train the swallowing reflex. Also the already existing therapy-accompanying apps were not user-friendly and therefore not very helpful. Based on current research results, Hanna founded Neolexon in 2017 together with her speech therapist colleague Mona Späth.

Neolexon – Smart language training

The digital speech therapy system Neolexon includes an app for therapists as well as a self-training app for patients and is certified as a medical device. It is based on a unique database with around 10,000 practice terms with associated images and pronunciation video clips. From this, speech therapists can create an individual set of terms that are best suited to the patient in terms of both therapeutic aspects and everyday relevance. With this scientifically based, highly flexible system, Neolexon clearly stands out from other language training apps. In addition, many motivational elements are included to make practicing at home fun and effective. The neolino version for children with articulation disorders followed in April 2019. The two founders do not run out of ideas for other fields of application so quickly – also thanks to their close ties to the Institute for Phonetics and Speech Processing at the LMU Munich.

Make Neolexon fly

Now, however, it is a matter of bringing the existing system to the man and woman. Due to different interest groups such as therapists, patients, relatives, clinics and health insurance companies, Neolexon has to act on many different levels. The latter are the most important and at the same time the most complex project. Neolexon has already completed its first major milestone: the inclusion of neolino in the Techniker Krankenkasse program.

Come to WERK1 to stay (as long as possible)

After several funding programmes such as EXIST and FLÜGGE, the start-up team of four now stands on its own two feet. After the first phase at the university, they were able to move to WERK1 “at very short notice”, as Hanna, still visibly relieved, says. The combination of their own office plus exchange with other start-ups – either in WERK1’s everyday life or at various in-house events such as “AfterWERK” – forms the ideal growth environment for them. And if Neolexon’s space requirements grow accordingly in the near future, WERK1 will definitely provide a solution. Hanna is sure of that. She and her team definitely don’t want to leave here so quickly! In return, they are one of the few Medi-Startups who diligently contribute to the diversity in the WERK1 community.

Startup: Neolexon
Contact: info@neolexon.com
Website: www.neolexon.de

W1>> ACCELERATOR #4 AT WERK1 – UNLEASHING INNOVATION POTENTIAL IN THE INSURANCE INDUSTRY

The keyword “Accelerator” is usually associated with an idea about financial support and revision of business models. The W1 Forward Accelerator Programme, initiated by the InsurTech Hub Munich at WERK1, shows that a programm to promote innovative start-ups can work in a different way. In the eight-week, early-stage programm, the creators focus primarily on well-founded, targeted advice on start-ups and intensive use of the industry network.

THE INSURTECH HUB – A POOL OF POSSIBILITIES FOR STARTUPS & INSURERS

“The InsurTech Hub is a platform that brings the different players in the industry together,” explains Ben Shaw, Director Program & Strategy. Fourteen large insurers, large corporations, business and strategy consultants and universities such as the LMU or the Bundeswehrhochschule are part of the network. “The idea is that all these institutions have an interest in driving innovation together in the insurance context. And one part of driving this innovation forward is the Accelerator Program, which brings the various insurance companies into direct contact with small, innovative projects and start-ups.

PROGRAM USP & BENEFITS FOR THE STARTUPS

We want to know from Ben which startups the program is aimed at, as we meet him for the interview on the program running since mid-May in the WERK1 Café. In some cases the business idea is there, it hasn’t been founded yet – just early. “What’s important is that we not only select the start-ups according to the idea, but also according to whether we have the feeling that they can put it into practice. The selection event resulted in ten young companies. Only two of them have already received funding. “Over a period of eight weeks we will give them all the resources they need to build up and expand their business – i.e. consulting in business modelling, financial modelling, marketing & sales, etc.”, says Ben about the USP of the Accelerator programm. “And we bring them into contact with 14 major insurance companies, which give them direct enterprise feedback or rather insurance-relevant feedback. This is extremely valuable and priceless.”

PROGRAM FINALE: DEMO DAY

At the end of the eight weeks – this is the aim of the efforts to meet the big players from the insurance industry on a regular basis – the young companies will have pilot projects in the pipeline resulting from the program and the contacts made. For the finale, the Demo Day with around 400 guests, modelled on the American one, is waiting for everyone. “This event gives the startups the opportunity to present themselves to potential investors and tell their story. Why can my startup change the industry? They have four minutes for that.”

BUSINESS IDEAS THAT INSURERS & INSURED BENEFIT FROM

And the young companies want to change a lot! Seven B2B start-ups are involved. Among them, for example, is a company that develops software to support rehabilitation after illnesses and injuries. “This is interesting for private health insurers who want to make sure that the costs do not increase immeasurably due to incorrectly implemented physiotherapy,” explains Ben Shaw. “In addition, such an offer is also in the interest of the insured, because there is direct feedback as to whether the exercises were carried out correctly. Another example is a smoking cessation app developed by a team of experts with years of experience in the health sector. Three B2C start-ups are also taking part in the programme. “Our most international team comes from Thailand and deals with on-demand insurance. This keeps costs much lower and makes processing extremely easy and customer-friendly,” reports Ben. Other teams come from Austria, San Francisco or Barcelona.

INNOVATION POTENTIAL IN THE INSURANCE MARKET

The innovation potential in the insurance industry is huge, and the demand for young, rethinking companies is high, Ben explains the background to the Accelerator Program. “About two years ago, insurers had the aha moment. That’s when the industry became aware that we simply weren’t so technologically advanced in the financial services sector. And that so much more could be done with digital banks. Information about individuals who reflect their personal risk is now much easier to implement through data mining and data science,” Ben explains. Thanks to fast and precise data processing, insurance companies are now in an extremely good position to digitize themselves. And this is exactly where the Insurtech Hub with the Accelerator program comes in. Ben: “This digitization is incredibly difficult and the big insurers solve it through partnerships with external experts, our start-ups.

TIP FROM THE INDUSTRY EXPERT

Who really makes it in the end? According to Ben, that doesn’t just depend on whether you participate in the program. But above all whether the founders can implement the varied feedback they receive during the eight weeks. “A successful founder is always a Hustler, someone who constantly pushes his business forward. Even if the core idea changes – and it always does anyway – it is important to stay on it, with willpower and flexibility. Then you reach your goal.” And that certainly doesn’t just apply to the insurance industry.

Hubert Aiwanger, Bavarian Minister of Economic Affairs with Startup Teens at WERK1

On 9 May 2019, WERK1 hosted the startup teens. More than 100 teenagers followed an exciting talk with startup entrepreneurs from TheSimpleClub and Inveox, our WERK1 managing director Dr. Florian Mann and this year’s guest of honour, farmer and Bavarian Minister of Economic Affairs Hubert Aiwanger.

Startup-Coaching for Teens

Our managing director Dr. Florian Mann opened the event: “He is always looking forward to welcoming the startup teens to WERK1 and to supporting young people in making the dream of their own startup come true. When it came to the question of who wanted to start a company in the future, the fingers leapt up – the best prerequisite for a great evening!

Rubin Lind, winner of the Startup Teens Challenge and founder of “Skills4School”, led the evening. In a panel discussion, the entrepreneurs introduced themselves and talked about how to master the path from the idea to the foundation. The most important thing is to stand behind the ideas and always stay on the ball, even when it comes downhill, motivated the experts. If you have the wish to achieve something, nothing stands in the way of implementing the idea. The entrepreneurs also gave the young people the idea to inform themselves on the Internet and to build up a reach and community via the social media and to perceive events such as the Startup-Coaching programs and events of Startup Teens.

“Startup initiatives are our future”

Hubert Aiwanger appealed to the pupils to take more risks and to realise themselves. He spoke of today’s “affluent society” where it is important to keep the founder thinking on going. The Free State of Bavaria stands behind start-ups and young entrepreneurs. The Bavarian Minister of Economic Affairs referred to the 7 new digital business incubators, which provide young entrepreneurs with support for their own start-up projects. He assured “We want to tackle” and thus encouraged the young people to realize their ideas.

Afterwards, the young people were allowed to ask questions to the Bavarian Minister of Economic Affairs and the start-up entrepreneurs themselves. In addition to the general entrepreneurial context, questions about the current school system also arose. The pupils would like to learn more about founding and the employer side at school and not only to be taught the employee side. Mr. Aiwanger confirmed the pupils’ point of view and was open to suggestions as to how these contents could be better communicated in the future.


The future young entrepreneurs had their goal of their own startup clearly in mind and turned to the startup experts on stage. How long does it take to set up a startup? And how do I build a network? These and many other questions were answered in detail until the end of the event.

Afterwards, the students had time over drinks and snacks to talk personally to their entrepreneurial role models as well as to network with each other. We are delighted that WERK1 was once again able to host this great event!

Limehome – A WERK1 Startup Revolutionizes the Hotel Industry

Anyone who is on business from time to time knows the problem: If the population of the city visited falls below 700,000, the hotel landscape quickly looks gloomy. What is available is expensive and often not convincing from a qualitative and aesthetic point of view. The WERK1 startup Limehome solves this problem.

SPARE HOME INSTEAD OF HOTEL

Limehome offers business travellers and tourists fully equipped apartments as a feel-good alternative to an impersonal hotel. Thanks to a specially developed, tasteful and high-quality design concept, every guest feels at home. Limehome Apartments are currently located at 14 locations in Germany. Above all in so-called “B-cities” such as Aachen, which with one million overnight stays has an appreciable demand that is nevertheless unprofitable for large hotel chains as a location. These markets would be predominantly served by aging family hotels á la “Goldener Hirsch”, as the two Limehome founders Lars Stäbe and Josef Vollmayr aptly call them.

HOTELBUSINESS RETHOUGHT

As former McKinsey consultants, they knew exactly where to start with the classic hotel business model in order to open up a promising niche. Everything that doesn’t have to be done directly on site is controlled centrally from the Munich office. The electronic access system, with which the guest can check in independently at any time, replaces the cost factor of service personnel. Cleaning is carried out by a local service provider. A “state-of-the-art”- IT department coordinates all internal and external interfaces. And last but not least, a sophisticated, agile pricing system ensures a workload far above the industry average. “Instead of the usual 53 percent for February, we are currently at 78 percent,” explains Josef.

Thanks to this highly efficient business model, the company is also much more flexible in real estate acquisition. Limehome does not need 150 bed units to be profitable. Instead, normal commercial units, which are often vacant in B-cities, are used to accommodate the ideal number of 10 to 20 apartments.

WERK1 – REAL COMPANIES ARE CREATED HERE

The founders already had the idea for Limehome during their time at McKinsey. After a first test run at the beginning of 2018 and a successful seed round in the autumn, they got off to a full start. To date they have been able to arrange over 2,000 overnight stays – and with more than 20 employees they are already reaching the limits of their WERK1 office space. But it will be used as long as possible! Even before the official foundation, Lars and Josef applied for an office space in WERK1. Although already in the concrete implementation phase, Lars, Josef and their team like and appreciate the strong community in WERK1 very much. Completely different from the coworking space in the city centre, where they were first located for a short time, here in WERK1 there is exactly the atmosphere that such an ambitious startup needs. After all, the number of locations and employees is set to double in 2019. In this sense, the WERK1 neighbourhood perfectly reflects the permanent condition at Limehome: many, many construction sites … and an exciting future!

CAREER AT LIMEHOME?

Do you want to help shape this future? Take a look in there Limehome-Career Portal!  

WERK1 - Resident - limehome - Logo

Startup: Limehome
Website: https://www.limehome.de/
Contact:info@limehome.de

Startup Work – first startup job fair for Munich at WERK1

It‘s a Match! This good news was announced by the startups and visitors of the “Startup Work” on 30 March. The first job fair in Munich especially for the needs of startups worked from scratch and was accepted by all sides.

Facts & Figures

With 51 startups, over 340 job advertisements and almost 300 job seekers, the matchmaking event at WORK1 offered the ideal setting for promising discussions and new career options and thus more than just a potential job for each participant! With the “Tour Ticket”, all visitors were able to talk directly to founders or personnel managers from various start-ups, who presented themselves everywhere at WERK1. Holders of the “Matchmaking Ticket” were also brought into direct contact with suitable exhibitors by means of CVs uploaded in advance and had the opportunity to use the workshop programme on topics such as “Working in a Startup” or “Dos and Dont’s in Social Media”.

NETWORKING FOR STARTUPS

About one third of the exhibiting startups were residents of WERK1 and two thirds were external participants. The sectors ranged from software in the fields of technology, mobility, health, HR, gastronomy and housing to leisure gadgets. The entire spectrum was also represented with regard to the development phase: From the early-stage startup, which has just received its EXIST grant and is now looking for its first interns, to the “Grown-Up” with 150 employees, which wants to keep in touch with the ground and attract creative professionals. The connecting element required by WERK1: Startup-spirit and the associated creative entrepreneurial spirit must be present. Thus, the exchange between the founders on moving topics such as recruiting was not neglected.

That was the topic for the final panel: Moderated by WERK1 CEO Dr. Florian Mann, Sebastian Schuon (founder of Alasco), Ankit Khare (UX designer at Ginlo by Brabbler), Leon Zucchini (founder of Curiosity.ai), Magdalena Reith (startup coach & partnership manager at Unicorn Pitch) and Daniel Schosser (co-founder of Crashtest Security) reported on what makes working in a startup so special.

A JOB FOR EVERYONE

At the latest after that all participants were convinced that a job in a start-up is the right thing for the future. And at the Startup Work they were able to find the right job for their own qualifications, from co-founder to working student, from IT/development to marketing/sales. Seldom before has it been so transparent for startups and applicants as to which positions are to be filled in young, fast-growing companies.

POSITIVE CONCLUSION FROM ALL SIDES

The balance of the trade fair day was positive throughout: All startups were delighted to have promising discussions with seriously interested job seekers. The job seekers also left the event in the best of moods: Inspiring and consistently motivated founders were available for an entire day with their innovative products. And that despite or perhaps because of the bright spring weather that accompanied the fair and invited to the subsequent burger dinner in the sun. A successful first edition of Startup Work and the responsible persons quickly agreed: To be continued …

THE STARTUP EXHIBITORS