WHU Entrepreneurship Center and the Next Level initiative by the auditing and consulting firm PwC Germany start collaborating to nurture entrepreneurship. PwC is going to enable founders at WHU to access their extensive ecosystem of companies, investors, and experts in order to build successful companies. Both, the business school and the auditing and consulting firm are already looking back at a successful history of collaborations in other areas.
On October 1, WHU Entrepreneurship Center and PwC’s Next Level formally kicked off their partnership during the Idealab conference in Vallendar. The purpose of this partnership is to leverage the networks and knowledge of PwC for the students and alumni of WHU. This particular initiative also further deepens the long-lasting partnership between WHU and PwC Germany (PwC).
WHU – Otto Beisheim School of Management is widely recognized as the most successful German school in producing high-quality startup founders. “As a central hub, the WHU Entrepreneurship Center tries to stimulate interaction between all core stakeholders of the WHU entrepreneurial ecosystem,” says Prof. Dr. Dries Faems, Chair of Entrepreneurship, Innovation and Technological Transformation at WHU. At the same time, PwC’s Next Level is the leading engagement platform for value creation between startups, corporates, and venture capitalists in Germany.
One part of it is the PwC’s Next Level initiative with a focus on Venture Deals. In this area, PwC will support innovative founders at WHU in achieving their goals and building successful companies. They gain access to PwC’s innovative ecosystem consisting of over 15,000 medium-sized companies, relevant investors and its extensive network of experts and know-how.
In addition, PwC enables founders at WHU with its Scale Program to take the next step and scale their business. The auditing and consulting firm assists in making them ‘investor-ready’ by addressing all issues along the financing round, from approaching investors all the way to closing.
PwC aims to provide support in all areas (e.g. financing rounds, IPO support, internationalization etc.) that are of concern to founders at WHU, to make the WHU Entrepreneurship Chair a success. Overall, PwC is joining forces to achieve real added value for both sides. The partnership around entrepreneurship is a logical consequence, as PwC already cooperates with WHU in several other areas, including accounting and family businesses.
Information about the partners
The WHU Entrepreneurship Center
The WHU Entrepreneurship Center's mission is to educate the WHU community in promoting engaged, purposeful, ethical, and sustainable entrepreneurship. It aims to inspire and support – as an intellectual, virtual, and physical hub where people connect, ideas are put into action, and resources are fairly distributed – to build a vibrant entrepreneurial future for students, alumni, and other ecosystem partners.
PwC Germany´s clients face diverse challenges, strive to put new ideas into practice and seek expert advice. They turn to PwC Germany for comprehensive support and practical solutions that deliver maximum value. Whether for a global player, a family business or a public institution, the auditing and consulting firm leverages all of its assets: experience, industry knowledge, high standards of quality, commitment to innovation and the resources of its expert network in 155 countries. Building a trusting and cooperative relationship with its clients is particularly important to PwC Germany.