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Fabian Hansmann (MBA ‘06D) has taken a novel approach to entrepreneurship. His organisation, FoundersLink, fulfils the core entrepreneurial functions of identifying opportunities and building a team, a process normally done by the entrepreneur. But then it matches business ideas and opportunities with aspiring entrepreneurs, and also tries to raise funding.

“We bring the concept and then we find entrepreneurs to start up and run the business,” says Hansmann. “In other words, we make the ‘Big Bang’ happen. After this magic moment, an incubator could come into the picture and a venture capitalist after that.”

Hansmann describes this concept as ‘venture creation,’ a term (as far as he knows) no one else has ever used in this context.

To read the full, original article click on this link: Fabian Hansmann: Venture Creation

Author: Grace Segran