For the “Inside the Venture” part of his Master Thesis, Torben Kramp partnered with Bruemmer Digital Ventures GmbH (BDV GmbH) and conducted an in-depth analysis of the business model, and elaborated on possible strategic directions for the future.
BDV GmbH is the parent company of the Hackathon Company and they organized the first regional SuperHackathon back in 2019. Since then, the venture has flourished and more events took place, the biggest so far was held in April 2020, the EU-Hackathon EUvsVirus. More info about it here!
Based on his company insights and relevant literature, Torben created an investor pitch deck to support BDV GmbH on its path to investor readiness. For the academic part of his research, Torben performed an explorative study of the factors that affect the entrepreneurial process and intention in the context of a hackathon event. Based on expert interviews and semi-structured questionnaires, he concluded that hackathons help to develop social and human capital factors that incite entrepreneurial intention.
The thesis was finalized in August 2019.
