Finalist

Male Entrepreneurial Leader of the Year Award

Peter Schmieder

Finalist of the Male Entrepreneurial Leader of the Year Award

DIT - Deggendorf Institute of Technology - Germany

"The Best of Both Worlds - German Invention and Silicon Valley Mindset"


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@TH_Deggendorf
(Deggendorf Institute of Technology)
#TH_Deggendorf
(Deggendorf Institute of Technology)
#BITZ Oberschneiding
(Bavarian Transformation Innovation Center (BITZ) Oberschneiding)
#SVP Oberschneiding
(Silicon Valley Program Bitz Oberschneiding / LinkedIn)
#Peter Schmieder
(LinkedIn)

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Summary

Prof. Dipl. Theol. Univ. Peter Schmieder has proven his outstanding leadership skills for a period of more than ten years by creating, developing, and enhancing the high-quality Silicon Valley Venture Development Program at Deggendorf Institute of Technology. The program increases the entrepreneurial skill set of regional economics, management and matrix teams by providing a scientifically based, constant and mentored process over a period of at least nine months. An invention is fed with a qualified market entry and development strategy, a relevant and high-class ecosystem of qualified mentors, customers, investors. As excellent networker Peter drives successful venture planning and development. He brings both of two worlds together: German invention and Silicon Valley mindset. The greatest challenge for technical inventions and services is the successful transformation into the market. Especially in Germany, the country of excellent engineers, inventions often fail because of the wrong market strategy for non-segmented markets, wrong timing, and missing customer focus. Peter is the most important driver in achieving the Free State of Bavaria promoting the Silicon Valley Program and further extending it into a DIT entrepreneur campus called “Bavarian Innovation Transformation Center” in Oberschneiding. He managed to bring a top-class team of international professors and top global mentors to the campus, with whom the entire circle of venture scaling and acceleration can be mapped. This ensures a wide extension of the program in 2022.

Peter Schmieder’s students always value him for his excellent teaching in business management and entrepreneurship. A large number of awards proves that.

Key People


Prof. Dipl. Theol. Univ. Peter Johann Schmieder
Founder and Scientific Lead Bavarian Innovation Transformation Center (BITZ) Oberschneiding
Bavarian Innovation Transformation Center (BITZ) Oberschneiding / Faculty of Applied Natural Sciences and Industrial Engineering,  Deggendorf Institute of Technology



Patrick Guerra
Founding Director, Mentor Silicon Valley Program
Center of Innovation & Entrepreneurship,  Founder and Principal, Lions Peak LLC. CoFounder Accelerators (Global Social Benefit Incubator, SCU; Encore Venture Accelerator) German Accelerator Selection Committee and Mentor Band of Angels: ‘Art of Deal’ Program



Prof. Albert Bruno
Founding Director, Mentor Silicon Valley Program
Center of Innovation & Entrepreneurship,  Santa Clara University, SCU / DIT



Alexander Dorn
Program Manager Silicon Valley Program
Bavarian Innovation Transformation Center (BITZ) Oberschneiding,  Deggendorf Institute of Technology



Prof. Dr. rer. nat. Peter Sperber
President
University Leadership,  Deggendorf Institute of Technology


Acknowledgements

Municipality of Oberschneiding, the district Straubing- Bogen and the state of Bavaria for seeing the future and paving a path.
Sponsors from the corporate world and our private sponsors for grating the first 10 years The companies of Google, eBay, Jabil, NVIDIA, EA, Tesla, hp, Adobe, Amazon and others for giving unique insights and sharing their experience All the experts, investors and VC´s for all their advice and invest
And: to the teams and ventures – it is their drive that motivates us!!!!

Images

10 Years - Cooperation Deggendorf Institute of Technology & Santa Clara University

Peter Schmieder & Sergio Gonzales

Jiangnan University & MBA Students

Santa Clara University - MBA Module at DIT

MBA Lecturer - Prof. Peter Schmieder

Entreprenieur Taining at DIT

The networker Peter Schmieder

Silicon Valley Program at eBay

Silicon Valley Program at Google

Prof. Peter Schmieder at LinkedIn

Santa Clara University - MBA Certificate

Peter Schmieder at Jiangnan University

Jan Sola - Graduation Dinner Santa Clara University - SVP 2016

Teams Silicon Valley Program 2017

Teams Silicon Valley Program 2017

Teams Silicon Valley Program 2017

Silicon Valley Program 2019 - Teams Pitching

SVP Panel at Santa Clara University 2022

President SCU, President DIT, Peter Schmieder and mentors

Homecoming Event Silicon Valley Program 2022

Team Bavarian Innovation Transformation Center (BITZ) at German Accelerator in Palo Alto

Prof. Peter Schmieder & Prof. Al Bruno

Town Deggendorf's new year reception 2022 at BITZ Oberschneiding

Peter Schmieder and the mayor of Oberschneiding welcome a new Professor at BITZ

Peter Schmieder, County Commissioner and Mayor welcome a new Professor at BITZ (Prof. Dr. Veronik Fetzer)

Silicon Valley Program 2022 - Venture Teams

Cooperation Santa Clara University Leavey School of Business and DIT BITZ Oberschneiding

IMPACT STORY

Impacting lifes

Over the last decade the quality of the program and ventures even spread word within the Silicon Valley ecosystem itself. Max – a Silicon Valley native and just finishing his degree at the outstanding Krannert School of Business out of Purdue – called Peter of whom he heard as “Peter´s Program” and made 2018 the leap across the Atlantic Ocean into the Silicon Valley Program as part of his MBA degree. He took a Bavarian innovation from the food industry, formed an international venture team, worked hard in the academically validated process. Finally, he pitched in front of a sophisticated panel and his venture eventually failed. He learned “entrepreneurship, especially scaling, is a profession of its own. You are forced to get out of an engineer´s lab into the brains and hearts of customers, markets and investors. You need unique customer´s and markets’ insights and have almost to adopt the investor´s mindset. I failed – but I learned a paramount bunch of lessions in the program I would have never learned at university”. Max wrote his Master´s Thesis “StartUp Evaluation” from an Investor´s and VC´s perspective about these lessions learned and earned an A+. Because of his experience he was hired by the Silicon Valley Bank in Los Angeles/Irvine where he was early promoted to Senior Associate for Corporate Venture Capital Relationships. One of the first things he did: Introducing the Silicon Valley Bank in Europe with Peter and the SVP to support further ventures in the most challenging world of a StartUp.

LEARNINGS

Lessons learned

In 12 years of Silicon Valley Program, teams have learned a lot - often the hard way. So here is the Top 10 list for successful ventures:

1. Success happens on the street – Please leave your high tech lab!
Get unique insights into the market not just the technology.

2. Fail quick and learn fast – if you never failed you never tried
Failure is not an option – Failure is mandatory and the key to your success.

3. Your team is everything – what is an entrepreneur without followers – a man talking a walk
A great innovation and a mediocre team will fail – a mediocre innovation and a great team will succeed.

4. No one throws money at you – you have to earn it
Prove everything: your beachhead market, your go-to-market, your honest financials
Think big – it will get smaller by itself

5. Aim for excellence – and you reach very good! Aim for average – and you reach nothing

6. Trust science – it is the only thing to rely on
Be almost fanatically disciplined and follow the scientific validated path towards impact readiness

7. Check your Ego at the front door
If you want to walk into your customers shoes – take off your own

8. Learn from customers – do not sell your product – get your customers experience
The worm is for the fish not for the fisherman

9. Money is not best you can get – honest feedback is the best you can get
If you ask for money you will get advice – If you ask for advice you will get help

10. Successful Entrepreneurs are Destroyers and Transformers
Creative destruction and transformation of technology into great products

FUTURE PLANS

What's coming?

With the potential we have now with our new DIT Entrepreneur Campus in Oberschneiding, the Bavarian Innovation Transformation Center, and our enhanced scientific team we combine excellent competencies in the areas of methodology of scale, economy of scale, ecosystem of scale, funding of scale and skills of scale together with a comprehensive network including regional, national and international economy, an investors ecosystem, business incubators and venture consultancies. This is the strong foundation to even enhance the Silicon Valley Program to the Silicon Valley School covering even further aspects of venture development. The enhance scientific team also allows an even stronger link between teaching and entrepreneurial practice. In addition, we will focus also in German intrapreneurship to strength the German Small and medium businesses.


KEY STATISTICS

> 60 venture teams passed the program

More than 60 venture teams that have successfully passed and completed the Silicon Valley Program

Since 2020 > 20 venture teams are connected to investors

Since 2020 all venture teams have successfully pitched to investors and have had follow-up pitches and substantial meetings with investors and major international companies and enterprises.

#5 in the WURI ranking in 2021

Mainly due to the SVP DIT has been ranked as #5 in the “World’s Universities with Real Impact (WURI)” ranking in 2021 after being #8 in 2020

7 x Award as best Lecturer

2007 – Award “Best Lecturer MBA - Business creation” DIT 2008 – Award “Best Lecturer MBA - Business creation” DIT 2008 – Award “Best Lecturer MBA – Health Care Management” DIT 2010 – Award “Best Lecturer MBA – Foundation, leadership, succession” DIT 2012

Technical degree programs at DIT approx. 300 students per year

Leader in ensuring interdisciplinarity: High quality teaching of leadership, social skills and emotional intelligence in acceleration and scaling esp. in technical degree programs (electrical engineering, mechanical engineering, media technology, industri

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