Creating Security all the way from your idea to a successful business
Cube 5 is a startup incubator for students and researchers at the Horst Görtz Institute for IT-Security at Ruhr-University Bochum. We assist entrepreneurs as they build their successful companies. Cube 5 helps them develop their products or services, from their first steps until they are market-ready. This process maintains three phases.
Cube 5 offers:
In Phase 1 we help IT security students to forge and develop their ideas. This phase is also part of the courses of Horst Görtz Institute for IT Security at RUB. Seminars convey IT security startup-know-how. And especially important for the students – it can be anchored in the curriculum with credit points. In our seminars the students can go on a workshop trip to Berlin lasting several days and try out business games or visit a series of lectures with former founders.
Besides that Cube 5 organizes events where students can exchange ideas with other entrepreneurs. The ‘Cybersecurity Founder Meetup’ or the ‘IT-S Pitch’ take place at regular intervals and are open to interested students and scientists.
Phase 2 serves to implement the founding idea. Together with the ‘pioneers’, the Cube 5 team takes up the ide and realizes a first prototype. Our large network of partners in the field of IT-Security gives us the opportunity to involve a wide variety of experts in the development process. In addition, other experts from the fields of business administration, law or design are employed to coach the teams
Phase 3 has the task to realize ideas from Phase 1 and 2 in a company foundation. In this part of the growth process, the founding manager coaches the teams very intensively. Investors are approached and external coaches prepare the teams for client meetings.
“I can report from my own experience that it is a very difficult phase to go to market with the first idea. Here it is important to have fellow sufferers. We form a network of founders in which they help each other if there are failures or setbacks in the realiziation of their ideas.”