February 12, 2025

In cooperation with
CFE Logo HSBI

Call for Ideas

For the 11th time, you have the chance to submit your innovative business idea to this year's Call for Ideas competition.

Pitching. Cashing in. Founding.

Once again this year, we are looking for innovative business ideas from all over OWL to award them with prize money of up to 1,500 euros in the final!

Submit your idea to us now!

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How does it work?

Write your idea on a maximum of 2 A4 pages. This is where you present the idea, the benefits, the market and the feasibility. You can also add a page for graphics and images if required. Upload your idea sketch using the application form at the bottom of the page.

Are you missing the right business idea? Sign up for our Find your Idea Workshop! You don't think your idea is good enough? Or: You think your idea is too good to reveal to the world? Let our coaches give you feedback on your idea before you submit it. Feedback discussions and drafts of idea sketches have no effect on the evaluation of competition submissions. You can find the conditions of participation here.

What problem are you solving?

Your idea

What is the core of your idea? What problem does it solve? How would you describe the benefits (e.g. saving money, time, environmental friendliness)? What is its unique selling point?

How does the implementation work?

The business model

What is the underlying business model? So how do you make money with your idea?

Who is your product/service for?

The target group

Who benefits from your idea? And is there a group of people who would pay for it?

How big is the competition?

The market

What does the market look like? What is your assessment of growth opportunities, potential and limitations in the market? Who are your competitors?

How feasible is the idea?

The feasibility

How do you assess the opportunities and risks of implementing the idea? How do you assess the feasibility? How is the team set up? What superpowers do you have for implementing the idea? What are the next steps?

Is a social problem being solved?

Bonus

The topic of social entrepreneurship is close to our hearts. Does your idea solve a social problem in the areas of environment, social affairs, education, poverty reduction, human rights? This will be included in the evaluation.

Procedure for start-ups

Would you like to take part with your team, reach the final and convince the jury of your idea? Send us your idea paper using the form. You can find our conditions of participation here.

Send us your application

You have until April 27, 2025 to submit your idea to us alone or as part of a team.

Don't have an idea yet, but really want to take part? Take part in the April 9 Find your Idea workshop on April 9. You can get feedback from our coaches at any time.

Problem
Solution
Business model
Target group
Market size
Competition
Application phase

From now until April 27

1

Pre-selection and pitch training

It's not far from here to the final. We want to get to know you and your idea better.

As soon as our Expert Committee has determined the finalists, there will be a kickoff and pitch training.

Selection phase

April 28 to May 13

Kickoff

May 15

Pitch training

May 21

Dress rehearsal

June 17

2

Your big performance in the Call for Ideas final

In the final, you pitch your idea in 5 minutes in front of a top-class jury and the audience at VerbundVolksbank OWL. You will then answer the jury's critical questions.

The best three ideas will be awarded prize money totaling 3,000 euros.

Pitch in the final of the ideas competition

June 26, 2025

3

FAQ about the application

Find answers to the most frequently asked questions here. Is something still unclear? Get in touch with our team and we'll be happy to help you!

What do I need to submit for the application?

At the bottom of the page you will find the application form which you can use to submit your idea. Formulate your idea in detail on 2 A4 pages and upload it to the form. 

When is the Call for Ideas suitable for me?

Anyone and everyone can take part in our ideas competition. Simply use your creative streak or formulate solutions to everyday problems that you encounter. The best ideas get the chance to compete for prize money in the final.

When exactly does the Call for Ideas take place?

The grand finale of the Call for Ideas at VerbundVolksbank OWL will take place on June 26, 2025. The deadline for submitting idea papers is April 27, 2025. Until then, we will be accepting all innovative, creative and crazy idea papers via our form.

Does our company have to be based in Ostwestfalen-Lippe?

You don't necessarily have to be based in OWL with your team. However, a connection to our region would be a prerequisite for participation, for example if you studied here at a university in the region or if East Westphalia-Lippe is your home.

Application form for your participation in the ideas competition

Send us your application by April 27, 2025. 

    Your idea:

    Contact person:

    Other team members:

    Contact us

    Do you have questions or feedback about the Call for Ideas? Then Julia is your contact person.

    Julia Petzold

    Julia Petzold

    Event and Project Management
    julia.petzold(at)upb.de