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Starting a Business from Unemployment with an Activation and Placement Voucher (AVGS)

The Employment Agency or Job Center will issue an Activation and Placement Voucher (AVGS) upon written application, which you can redeem at Kompass!

Free Startup Coaching with AVGS Funding

The program enables job seekers to receive multimodal coaching for startup preparation and for starting their own business. The program includes assessing existing potential, developing a business model, creating a comprehensive business plan, and gradually realizing a startup from unemployment. Participation in individually compiled modules is possible for up to 85 units of 45 minutes each.

If eligible for funding, the coaching can be financed by the Employment Agency or Job Center via the Activation and Placement Voucher (AVGS). Job seekers submit a written application to their personal advisors at the Employment Agency or Job Center.

Applications can generally be submitted by:

All job seekers receiving ALG I benefits
ALG II recipients may be granted the Activation and Placement Voucher at discretion
Supplemental earners, career re-entrants, and university graduates
We are happy to assist with the application process or provide support with a free introductory seminar for founders.

Topics covered

  • Module I: Potential & Feasibility Check
  • Module II: Business Model Development / Corporate Strategy
  • Module III: Sustainability in Founding a Business
  • Module IV: Digital – Digital Strategy for Startups
  • Module V: Finance, Banks, and Funding
  • Module VI: Female Entrepreneurship Power: Profitably Harnessing the Power of Female Entrepreneurship
  • Module VII: Artificial Intelligence (AI) & Prompting in Startups
  • Module VIII: Business Plan Coaching incl. Financial Planning (4 years)
  • Module IX: Market Entry and Derivation of Action Plan

Objectives

  • Discover your potential as an entrepreneur
  • Develop and optimize business models
  • Create a business plan
  • Secure financing
  • Prepare for market entry and market positioning
  • Strengthen entrepreneurial resilience

100% Funding

  • Discover your potential as an entrepreneur
  • Develop and optimize business models
  • Create a business plan
  • Secure financing
  • Prepare for market entry and market positioning
  • Strengthen entrepreneurial resilience

Choose modules that fit your startup project.

You can choose from a wide variety for your venture. For questions about the content and methods of the modules and which content suits you and your startup project, you can get answers in a free initial consultation/check-up. Contact us via the “Start Now” button and we will get in touch with you.

MODULE I
Potential & Feasibility Check

Founders invest in their professional future. Throughout their careers, they have already acquired diverse expertise and taken on responsible tasks. However, when starting their own business, they need additional competencies. In the first phase, the so-called “potential check,” it is assessed whether the founder has the prerequisites and potential to implement the startup project. We cover the following key topics:

  • Assessment of personal competencies (entrepreneurial action and thinking) and the business idea (idea and potential analysis)
  • Recognizing one’s own resources, goal planning, and goal setting
  • Your rights and obligations regarding the startup grant and entry allowance
  • Resource-oriented consulting and coaching approach throughout the entire coaching process to strengthen motivation and activate participants for the decision of a new professional perspective
MODULE II
Business Model Development

To be successful in the long term, it is essential to have a functioning business model. It is easier to realize a bad idea with a good business model than the best idea without a coherent business model. As someone interested in starting a business from unemployment, the business model is usually not yet completely clear, which is why a visualization method helps. Key topics include:

  • Development of a future-proof business model as preliminary work for the business plan. Questions are clarified with the help of the Business Model Canvas. Does the idea convince in practice? Where does it still need improvement?
  • The Business Model Canvas enables validation from an entrepreneurial perspective
  • Elaboration of central activities, resources, and key partners
  • Conveying knowledge and skills for concretizing the business idea
MODULE III
Sustainability in Founding a Business

For all startups, long-term and sustainable success of the company is important. The insight is that the interplay of ecological, economic, and social goals leads to economic stability. To check the business idea for sustainability and entrepreneurial resilience, Kompass offers sustainability checks that show founders both opportunities and strengths, as well as weaknesses and risks. Module content:

  • Development and evaluation of the project considering sustainable and social aspects
  • Solution-oriented coaching towards a valuable contribution to sustainability challenges
  • Conducting the sustainability check
MODULE IV
Digital – Digital Strategy for Startups

The importance of digitalization is higher than ever. Many companies, especially with increasing globalization, have realized that a lack of a digital strategy carries an increased risk of falling behind. A well-developed strategy supports the startup project, provides security, and holds potential for successful customer acquisition, alternative sales channels, customer communication, customer support, payment and invoicing, and even completely digital and automated business models.

Module contents:

  • Introduction to digital strategies and tools
  • Integration of digital solutions into business processes.
  • Success through targeted use and sustainability.

This module considers three areas of action:
• Digital competence of the founder
• Process understanding
• Digitalization potential of the startup project

MODULE V
Finance, Banks, and Funding

• Meeting preparation for stakeholders, banks, and investors
• Determination of financing and capital requirements
Figures, data, and facts are particularly important in discussions with stakeholders, banks, and investors.
It is essential to have a clear understanding of capital requirements, cost and
revenue planning, liquidity planning, profitability forecasts, and funding. The goal is to equip founders in all
areas of finance, fundraising, and utilization, based on the financial plan and determined capital requirements.

Determining the right financing partners is also an element of this module. This involves selecting loans,
guarantees, funds, credits, and startup grants according to the project and needs,
and successfully applying for them if necessary.

Module contents:

  • Explore and analyze financing options
  • Create a detailed financial plan and develop a suitable financing strategy
  • Apply for and secure financing
MODULE VI
Female Entrepreneurship Power

Introduction to Female Entrepreneurship & Empowerment

Discover how female entrepreneurs can benefit from unique opportunities and challenges. Our program strengthens your self-confidence, fosters a positive mindset, and provides insights into current trends and best practices of successful female entrepreneurs.

Financing, Networking & Marketing

Explore tailored financing options, funding programs, and investment sources for women. Learn the importance of networking and mentorship, and discover how to use gender-specific marketing strategies to specifically target your audience and strengthen customer loyalty.

Success through Empowerment

Utilize our knowledge of funding and support to build a strong network and successfully launch your own business.

MODULE VII
Artificial Intelligence (AI) & Prompting in Startups

Introduction to AI and ChatGPT Technology

Learn about the opportunities and challenges of Artificial Intelligence (AI) and ChatGPT. Discover how these technologies are applied in various industries and business sectors, and what innovative business models emerge from them.

Practice of AI and Prompting

Utilize practical case studies and applications of AI and ChatGPT for business planning, product development, customer service, and marketing. Learn effective prompting and methods for interacting with AI systems for idea generation and problem-solving.

Competitiveness through Efficiency

Achieve competitive advantages by integrating AI technologies into your business. We provide you with the necessary knowledge and resources to develop innovative business models and design AI-powered products and services.

MODULE VIII
Business Plan Coaching incl. Financial Planning

Multimodal Coaching for Startup Preparation

Our comprehensive coaching program specifically prepares you for starting a business. We create a detailed viability assessment of your idea and use industry-specific IT tools to optimize your business plan. This includes tailored financial tools for various industries and a PowerPoint presentation for your business model. The focus is on precise financial planning and individual support.

Elaboration of the Business Plan

After developing a viable business model, the process focuses on the final elaboration of the business plan, especially the financial plan. The startup roadmap guides the next steps, with relevant topics such as startup formalities, legal form, financing, and market entry strategies being covered in detail.

MODULE IX
Market Entry and Derivation of Action Plan (Conclusion)

• Implementation of the startup project
• Active management and recommendations for future viability according to the startup project
• Clarification of further support needs/options after founding
The wrap-up pursues two goals: Firstly, important key activities, central questions, and control aspects are analyzed and evaluated together with the founder to derive measures for more effective and efficient service delivery. This can prospectively strengthen the success and future viability of the project.
Secondly, the next steps (activity planning) for a successful startup are discussed, and the founder is prepared for future challenges such as discussions with banks, investors, or stakeholders. Based on the financial plan and the determined capital requirements, the aim is to equip founders in all areas of finance, fundraising, and utilization, so that nothing stands in the way of successful implementation.

Start Now!

Are you looking to become self-employed, launch your own business, position your young company in the market, or expand internationally?

Kompass advises, supports, and assists aspiring founders, founders, startups, and established companies.

And every consultation begins with an initial discussion.

We look forward to your challenges. Enter your contact details and we will get back to you as soon as possible.

Contact

069 21 97 80
info@kompassfrankfurt.de
Kompass gGmbH
c/o Frankfurt Founders Center
Hanauer Landstraße 521
60386 Frankfurt am Main

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