Founder's Handbook (Glossary)
Entrepreneurial thinking and action involve many technical terms. In the Center for Entrepreneurship (ZfE)’s Founder's Handbook, you’ll find key concepts, methods, and terms related to entrepreneurship, innovation, business model development, and startup support.
The glossary is aimed at students, those interested in starting a business, and project teams, and offers a quick overview of important topics in startup and innovation practice. Each letter may include multiple terms to ensure that all relevant building blocks are covered.
A - Accelerator, Agile Work, Angel Investor
Accelerator
Programs that help startups grow rapidly through coaching, mentoring, and resources.
Agile Work
A flexible, iterative approach for quickly adapting to changes—e.g., using Scrum or Kanban.
Angel Investor
A private investor who provides early-stage financial support to startups.
B – Bootstrapping, Break-Even-Point, Business Model, Business Model Canvas, Business Plan, Business Succession
Bootstrapping
Starting a business without external financing—using one’s own funds.
Break-Even Point
The point at which revenue covers costs.
Business Model
A description of how a company creates value and generates revenue.
Business Model Canvas
A tool for structuring business models consisting of nine components.
Business Plan
A detailed written outline of a startup idea, including market analysis, strategy, and financing.
Business Succession
The transfer of a business to new leaders.
C – Canvas Models, Co-Creation, Competitive Analysis, Cost-Effectiveness, Crowdfunding, Customer Journey, Customer Segment
Canvas Models
Visual templates for business model development (e.g., Business Model Canvas, Lean Canvas).
Co-Creation
Joint idea development with users or partners.
Competitive Analysis
Comparison with competitors for strategy development.
Cost-Effectiveness
The relationship between costs, benefits, and returns.
Crowdfunding
Funding from many supporters via online platforms.
Customer Journey
The path customers take from initial awareness to purchase.
Customer Segment
Individuals or organizations for whom the offering is developed.
E – Entrepreneurship, exist Funding, Elevator Pitch
Entrepreneurship
Entrepreneurial thinking and action, as well as the implementation of new ideas.
exist Funding
Federal programs to support innovative startups originating from universities.
Elevator Pitch
A brief presentation of an idea in 30–60 seconds.
F – Financing Round, Founding of Specialized and University-Based Startups, Funding, Future Trends
Funding
Public financial support for startup projects.
Financing Round
A planned investment phase for raising capital.
Foundations of Specialized and University-Based Startups
Startups that emerge from the university environment.
Funding
Public financial support for startup projects.
Future Trends
Developments with long-term market relevance.
S – Scaling, Skill Development, Stakeholders, Startup Ecosystem, Sustainable Business Models, SWOT Analysis
Scaling
Planned growth of a business model.
Skill Development
Building entrepreneurial skills through training, workshops, and mentoring.
Stakeholders
Individuals or groups affected by a project.
Startup Ecosystem
A network of universities, investors, institutions, and funding partners.
Sustainable Business Models
Models that combine economic, environmental, and social aspects.
SWOT Analysis
Analysis of strengths, weaknesses, opportunities, and threats.
