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MusicTrace wins Phase 2 and the Hochschul-Gründer-Preis of the Northern Bavarian Business Plan Competition

On April 22, 2004 the award ceremony of Phase 2 of the Northern Bavarian Business Plan Competition took place in Regensburg, Germany. 55 teams had handed in their innovative business concept one month before in Nuremberg. Among of these were 19 teams that didn't participate in Phase 1. A jury of experts consisting of venture capitalists and entrepreneurs selected ten business plans that were honoured during the ceremony. Among these winning concepts was also the one of MusicTrace.

Also, the three winners of the Hochschul-Gründer-Preis were honoured on this evening. The Hochschul-Gründer-Preis is an extra award that is given to exceptionally promising business models of universities and associated research companies. Six of altogether 19 teams participating at the Hochschul-Gründer-Preis were qualified for the finals. These teams had to give a short presentation about their business idea to a jury of experts. After that, the jury selected the three winning teams. The third place went to Si4Health and the second place to Lipofit, both located in Regensburg. The jury, however, honoured MusicTrace to be the winning team.

The Northern Bavarian Business Plan Competition is organised by netzwerk|nordbayern and is carried out yearly since 1998. The Northern Bavarian Business Plan is divided into three phases with increasing requirements in terms of content and number of pages of the business plan. After each phase a jury of experts is rating the business plans.

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