Hasso-Plattner-Institut
 

HPI Business Plan Competition 2020

On September 7, the final of the 8th Business Plan Competition took place at the Hasso Plattner Institute (HPI). Three teams were in the final round, competing for start-up capital and support worth 100,000 euros. In the end, the team from onetask.ai was able to convince the jury, consisting of Prof. Dr. Christoph Meinel, Jonas Witt, Robin Staszek, Dr. Frank Pawlitschek and Dr. Nicolai Bohn, of their business idea. 

The finalists, the jury Prof. Dr. Christoph Meinel, Jonas Witt (HPI alumnus and serial entrepreneur), Robin Staszek (CFO Hasso Plattner Ventures), Marius Harnischfeger (Hasso Plattner Capital), Dr. Frank Pawlitschek and Dr. Nicolai Bohn (HPI Seed Fund) and the E-School team at the final of the HPI Business Plan Competition 2020. (Photo: HPI/K. Herschelmann)

In 2020, the HPI hosted the business plan competition for the eighth time, with which it aims to support young start-ups in cooperation with the HPI Seed Fund. A total of 21 start-up teams with at least one HPI member participated in the competition. Since mid-May, the young entrepreneurs have been presenting their ideas and receiving targeted feedback and input over several phases in order to work intensively on their business model.

The winners of the HPI Business Plan Competition 2020: onetask.ai

With the idea of combining data annotation and the validation of AI models into one step in order to shorten the process of a costly and lengthy AI introduction, the founding team "onetask.ai" was able to convince the jury and win the eighth business plan competition at the Hasso Plattner Institute (HPI). On the morning of 7 September, Johannes Hötter (22), Henrik Wenck (26) and Simon Witzke (25) were already delighted with their win, which includes personal scholarships of up to €50,000, an investment offer of €50,000 from the HPI Seed Fund and one year's business coaching from the HPI School of Entrepreneurship (E-School). The competition is organised by the E-School together with the HPI Seed Fund. The E-School also supports the teams in the process of developing their start-up idea.

"The application areas for artificial intelligence are almost limitless. Virtually everyone of us is able to find individual and suitable use cases after getting a conceptual overview" says Johannes Hötter Master's student at HPI. "With our tool, any interested domain expert will be able to create AI models themselves by performing just one task" adds co-founder Henrik, also HPI Master's student, and Simon Witzke, founder number three and HPI student, adds "...and this is not only cost and time efficient, but also with the lowest possible risk." The founders would like to use the winnings to finalise their product for launch next year and to realise the first pilot projects.

"We want to encourage and support students at HPI to start their own companies and will continue to expand our entrepreneurship offerings in the coming years," says HPI Institute Director and jury member Professor Christoph Meinel. Together with Jonas Witt (HPI alumnus and serial entrepreneur), Robin Staszek (CFO Hasso Plattner Ventures) Dr. Frank Pawlitschek (Director E-School and Managing Director HPI Seed Fund) and Dr. Nicolai Bohn (HPI Seed Fund), Meinel congratulated the winners and handed over a symbolic cheque for 100,000 euros.

The combination of practical university education and integrated entrepreneurship support at HPI is unique and allows the young talents in Potsdam to benefit twice over: https://hpi.de/studium/entrepreneurship.html

An overview of the finalists

Team onetask.ai

The team "onetask.ai" consisting of Johannes Hötter (22), Henrik Wenck (26) and Simon Witzke (25) entered the eighth business plan competition at HPI with the idea of combining data annotation and the validation of AI models into one step in order to shorten the process of a costly and lengthy AI introduction. The software solution developed by the founding team is also intended to enable users without AI experience in companies to tackle the topic of AI in the best possible way. The founders would like to use the winnings to finalise their product for launch next year and realise initial pilot projects. All three are master's students at HPI. www.onetask.ai

Team VISENSE

The business idea of Pia Spori (27), Mavin Thiele (23) and Christian Reich (26) is to help industrial manufacturing companies minimise their machine downtime. This is done with the help of artificial intelligence. Using special cameras and sensors that are attached to the machines and read out with the ViSense software, process errors in production are to be detected and rectified more quickly in order to maximise machine availability. www.visense.io

Team deaptwin

The SaaS application developed by Alexander Thalmann (29) and Benedict Lindner (25) uses AI to identify individual components of production machines and thus significantly shortens the process of identifying and reordering the part. At the same time, the machine manufacturer's after-sales process is also optimised. The user simply takes a photo of the relevant component and then receives various component information as well as the option to trigger an immediate reorder.