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04. Mai 2021

Divizend wins the 4th place of the Munich Business Plan Competition

With its outstanding business plan, Divizend was able to win the 4th place of the second phase of the Munich Business Plan competition. We will also participate in the third phase.

What is the Munich Business Plan Competition?

The Munich Business Plan Competition (Münchner Businessplan Wettbewerb) is one of Germany’s most renowned awards that startups can receive for their innovative business concepts. All winners have an excellent understanding of their market and customers, as well as enormous real growth potential in highly diverse industries in common. The competition is initiated by BayStartUP, which has been promoting and supporting entrepreneurship from Southern Bavaria since 1996.

What are the next steps?

The Business Plan Competition is divided into three phases. The first phase mainly focuses on the overall business idea and the customer benefit analysis. In phase 2, the main focus lies on marketing concept and sales, where we were able to fully convince the high-class jury with our business plan. Now we are in the third and last phase. For this, we will expand our business plan from phase 2 specifically with our capital requirements, as well as our revenue and financial plans.