330.255 E&I Garage - Business Model Development
This course is in all assigned curricula part of the STEOP.
This course is in at least 1 assigned curriculum part of the STEOP.

2023S, VU, 3.0h, 5.0EC, to be held in blocked form


  • Semester hours: 3.0
  • Credits: 5.0
  • Type: VU Lecture and Exercise
  • Format: Presence

Learning outcomes

After successful completion of the course, students are able to...

  • Identify market potential
  • select business ideas that solve a customer need
  • develop a business plan based on a business idea
  • perform validation studies to test hypotheses
  • work on prototyping and developing a minimum viable product
  • pitch their ideas to investors

Subject of course

In this highly interactive course students learn what it takes to start a successful business in a "real life" scenario.

After completing the course, students will know how to:

from a content perspective:

  •  ..search, recognize & assess business opportunities
  •  ..enrich business ideas by applying appropriate tools & techniques
  •  ..discover customers & their needs
  •  ..evaluate the ecosystem around business ideas
  •  ..create profitable & sustainable business models
  •  ..apply creativity techniques in an appropriate way
  •  ..deal with high-tech

from a project management perspective:

  • ..structure a fuzzy project & to tackle uncertainty
  • ..break down complex tasks into manageable modules
  • ..deal with several stakeholders at once
  • ..manage different ways to target & to arrive at a decision
  • ..nail down the relevant project outcomes in a business proposal

 from a team management perspective:

  • ..learn how to effectively handle interdisciplinarity
  • ..work in teams efficiently by incorporating the strenghts of each team member into the process
  • ..cope with different work styles, opinions & perspectives

from a communication perspective:

  •  ..engage in vivid discussions & interactive group sessions
  •  ..present project outcomes in different environments & for different target groups (e.g. expert jury, team members, etc.)

Teaching methods

  • Kick-off lectures
  • Workshops on various topics: finance, pitching, investing, prototyping
  • Pitching and feedback
  • Development of a written business plan
  • Coaching sessions

Mode of examination


Additional information

Note that this is effort necessary for this course certainly meets the awarded 5 ECTS. 

wednesday afternoon planned, dates and rooms will be announced at semester beginning



Course dates

09:00 - 17:0009.03.2023 - 10.03.2023 WUE&I Garage - kick off
Wed16:00 - 18:0015.03.2023 - 28.06.2023 WUE&I Garage
E&I Garage - Business Model Development - Single appointments
Thu09.03.202309:00 - 17:00 WUE&I Garage - kick off
Fri10.03.202309:00 - 17:00 WUE&I Garage - kick off
Wed15.03.202316:00 - 18:00 WUE&I Garage
Wed22.03.202316:00 - 18:00 WUE&I Garage
Wed29.03.202316:00 - 18:00 WUE&I Garage
Wed19.04.202316:00 - 18:00 WUE&I Garage
Wed26.04.202316:00 - 18:00 WUE&I Garage
Wed03.05.202316:00 - 18:00 WUE&I Garage
Wed10.05.202316:00 - 18:00 WUE&I Garage
Wed17.05.202316:00 - 18:00 WUE&I Garage
Wed24.05.202316:00 - 18:00 WUE&I Garage
Wed31.05.202316:00 - 18:00 WUE&I Garage
Wed07.06.202316:00 - 18:00 WUE&I Garage
Wed14.06.202316:00 - 18:00 WUE&I Garage
Wed21.06.202316:00 - 18:00 WUE&I Garage
Wed28.06.202316:00 - 18:00 WUE&I Garage
Course is held blocked

Examination modalities

  • Motivation letter
  • In-class attendance
  • Teamwork and collaboration
  • Pitches and presentations

Course registration

Begin End Deregistration end
31.01.2023 09:00 24.02.2023 17:00 24.03.2023 17:00

Registration modalities

In order to be admitted in this course, you need to (1) register in TISS and (2) send a motivation letter in which you state: 

  • what is your reason for wanting to take the course

  • what prior knowledge you have about business development models, idea generation techniques and other relevant knowledge (please include if you have done workshops, summer schools or similar on the subject)

  • what prior practical experience you have had in the field of entrepreneurship and innovation (please list if you were a founder/co-founder of  other companies or you have worked in the start-up scene)

Please send your motivation letter by February 25h, 2022 5pm CET (in a short and concise form, maximum 1 page) via email to michael.filzmoser@tuwien.ac.at. Late submissions are not possible. The notifications for acceptance or rejection will be e-mailed to the same e-mail addresses until February 28th.

The motivation letter counts as a part of the final grade for the class.

Attention covid19: As this is an interuniversity course with WU Wien and BOKU, 2G-rule (vaccinated, recovered) applies (mandatory at WU Wien) for meetings at the WU Wien.


Study CodeSemesterPrecon.Info
066 482 Mechanical Engineering - Management STEOP
Course requires the completion of the introductory and orientation phase
066 517 Manufacturing and Robotics STEOP
Course requires the completion of the introductory and orientation phase
066 926 Business Informatics
TRS Transferable Skills


No lecture notes are available.

Previous knowledge



  • Attendance Required!