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Economy & Digital

Start-up ecosystem

Foundation phase - what is it?

The start-up phase, also known as the seed stage, follows on from the pre-start-up phase and sharpens the focus on the specific business idea. This phase focuses on the product or service that is to be marketed by founding your own company.

The basic element of this phase is free start-up advice. Here, start-ups or founders can talk to experienced consultants and ask basic questions about the start-up and the business plan. If the answers are more complex or specialized, the start-up consultancy can provide a broad support network and refer those interested in founding a company to the relevant offices. Important issues in this phase include the question of financing from banks or the use of subsidies.

In addition to advisory services, prospective entrepreneurs also need a workplace or their own office space in order to pursue their business activities. So-called co-working spaces offer individual workplaces, which provide a desk and the complete office infrastructure such as a printer, mailbox and meeting rooms for a small fee.

Larger co-working spaces are often also equipped with a tinkerer's workshop. Here, people interested in setting up their own business can use 3D printers or CNC milling machines to make their first models or prototypes or playfully test new product ideas.



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