Shaping the Future of Innovation & Business in Austria
Over the past two months, Raphael Schranz had the opportunity to work alongside young talents as part of Youth Entrepreneurship Week—an initiative led by AustrianStartups, IFTE, the Ministry for Work & Economy, the Ministry for Education, Science and Research, and the Austrian Economic Chamber of Commerce.
Impact at a National Scale
5,000 students reached across Austria
180 dedicated trainers and mentors providing hands-on entrepreneurial guidance
Transforming ideas into actionable business models
The program empowered students to develop an entrepreneurial mindset, guiding them through a structured process to create impactful business solutions.
From Idea to Reality: The Entrepreneurial Journey
1️⃣ Identifying Real-World Problems
Students were encouraged to analyze challenges around them, setting the stage for meaningful innovation.
2️⃣ Finding Solutions
With creative problem-solving and strategic thinking, they developed ideas with the potential to drive real change.
3️⃣ Business Modeling
Participants shaped their concepts into sustainable business models, ensuring feasibility and long-term impact.
4️⃣ Hypothesis Validation & Prototyping
Using digital tools, students tested their solutions, gathered feedback, and refined prototypes to meet real-world needs.
5️⃣ Perfecting the Pitch
Participants developed compelling pitches, mastering the art of storytelling to captivate investors and stakeholders.
A Collective Effort for an Innovative Future
A huge thank you to the mentors, trainers, and jury members who dedicated their time and expertise to guide and challenge these students. Their insights helped shape the next generation of entrepreneurs, innovators, and changemakers in Austria.
Together, we are laying the foundation for a more entrepreneurial and innovative future.