The Munich Business Plan Competition is an offer from BayStartUP, the network for founders, companies and investors. It is awarded every year in three “phases” to the best startups from Munich and Southern Bavaria. Each phase has different, increasing demands on the teams. The startups with the best submissions will also be invited to a pitch to personally introduce their business model. VOLABO was already one of the winners of phase 1 and phase 2. On July 25th, the 3 winners of the third phase were announced. The most important criteria for this final phase were the growth potential and the degree of innovation of their ideas as well as the planning of sales and capital requirements. VOLABO was able to prevail against 93 other startups from all over southern Bavaria with its business plan and won the 2nd place of the Munich business plan competition, thus a prize money of 10.000 Euro.

Photo: BayStartUP/ Goran GajaninĀ