What is a meeting infrastructure? I thought about a central building next to young ventures. This building is equipped with diverse rooms, which offer different room sizes, diverse in-built features (like beamers, blackboards, magnetic boards, etc.), various mobile devices to rent (marked with “Senat der Wirtschaft” or something similar) and use (like tablets, laptops, labs, etc.) as well as a lot of space to try out things, share ideas and discuss aspects.

To say it differently, the SENAT could offer a well-equipped place, where everybody is welcome and gets needed support in order to try out his/her own opinion with his/her own team in a qualitative environment.

What is needed to set up such a meeting infrastructure? A well-known, central place is needed to build up the open house. Furthermore, the building has to be equipped with various different offerings, because every company needs different features, machines, labs, etc. The reason for that is, that they are competing in different industries as well as have various ideas, which they want to focus on.

Moreover, since the SENAT is currently not offering such a concept, the SENAT would have to promote it well. A good marketing strategy is crucial forgetting the target group (= young entrepreneurs) on board. Otherwise, they will know that there is a meeting infrastructure and if you do not know about something you cannot use it.

How do young companies profit from that? Why should the SENAT offer a meeting infrastructure? Because many young companies do not have a space where they can innovate, try out their ideas, prototype, bringing their ideas to reality, etc., several companies do not survive the first phase. To say it differently, without a place to work or discuss corporate ideas, ventures are not able to generate values for customers. That leads to not being able to compete with the opponents and that means leaving the market.

In other words, the SENAT’s place for everyone gives young companies the opportunity to not only discuss their corporate ideas or work on their offers, but also to get competitive and survive on the market till they are strong enough to stand alone.

Additional offer and support though the SENAT-network? Beside the place to work and innovate is the SENAT’s place for everyone an intersection to various companies which are part of the SENAT-network. This includes other young ventures as well as big well-established concerns, which are already competing successfully in several markets. Young companies meet together at the SENAT’s place for everyone, exchange their experiences as well as ideas on site and support each other immediately. Additionally, young ventures can count on the large network of established companies within the network at any time and learn from experiences and years of operational history.