5-Euro-Business
1 idea, 5 euros seed capital, 8 weeks of being a founder
This is the 5-Euro-Business Competition: You find a business idea, develop it further in a team and realise it on the real market. Throughout the competition, you and your team will receive expert support and training. You present your company as a team in front of an expert jury and can compete for the winning title.
Further information on the competition can be found under 5-Euro-Business on the website of the project sponsor Bildungswerke der Bayerischen Wirtschaft (bbw).
This is your chance!
- Realise an idea with only 5 euros and be an entrepreneur for seven weeks.
- Participation is for free.
- Students of all disciplines and faculties who are enrolled at the University of Passau are kindly invited to participate in the competition.
- There are prises worth a total of 1,950 euros to be won.
This was the closing event of the 5-Euro-Business Competition 2023/2024
The 5 Euro Business Competition at the University of Passau in the winter semester 23/24 has come to a successful end. The grand closing event took place on Thursday, 25 January 2024, in the Great Redoute Hall of the City of Passau.
Visitors were treated to an evening of entertainment and inspiration as the start-up teams presented their ideas in short pitches. There was plenty of opportunity to exchange ideas and network with the creative minds at the exhibition stands.
An expert jury evaluated the business ideas and awarded prizes totalling €2,250 to the three winners as well as to the teams with the greatest commitment to media relations and sustainability. As a special prize, the INN.KUBATOR start-up centre also awarded a voucher for 3 months' use of the co-working space.
The winning teams 2023/2024
At the final event, two teams were able to convince the jury with exactly the same number of points, which is why two first places were awarded for the first time in the history of 5-Euro-Business:
1st place: Team Reviving Rugs with their bags made from old carpet samples not only won first prize (€800), but also the Media Award (€150).
1st place: With exactly the same number of points, Team Peaktrition also won first prize (€800) and the Sustainability Award (€300) with its sustainable outdoor food.
3rd place: Team PflanzZwerge, with their start-up idea of producing educational plant boxes for children, secured third prize (€400).
This year's INN.KUBATOR special prize also went to the Terminly team, an online booking platform for beauty services.