IdeaLab’s Mentor Feedback Carousel Helps Ideas Colser to the Goals!
Mentor Feedback Carousel brought together 11 dedicated teams and 10 experienced mentors to help teams move forward with their ideas. Teams' got feedback to their ideas from different experts and by the end of the event, mentors gave play money checks to the teams they liked the best.
Prize for this event was 2 tickets to UX Tartu event ere given to team Quantofin. Quantofin is helping traders avoid losing money due to lack of knowledge and improper risk management techniques. They are building a platform for traders to help them learn and practice in a simulated market environment as well as help them protect their investments with an AI-powered risk management engine.
Sohail Alam and Maret Ahonen
Team Quantofin was also the winner of the Play Money game. All mentors got the play money checks – 100 000 €; 50 000 €; 10 000 €. By the end of the day, they all gave their favorite teams „investments“. Quantofin got 410 000 € play money investment.
Io_developers got second place in Play Money game by gathering 350 000 €. They are developing eyeglass, controlled via a mobile app, which allows to continuously adjust the focus on the objects in multiple focus levels changing in a range of -6 to +3. They won every startup dream book „The Startup Owner’s Manual“, written by Steve Blank and Bob Dorf.
Elchin Aghazada form team io_developers
Team members expressed their gratitude and came to a common understanding that this kind of workshops are absolutely necessary because it enables to see new perspectives and discussions with mentors mean so much for starting a business. All participants told they got ideas on how to move one. Mentors were impressed by the teams' commitment and said that many of them have big potential. Mentor Chris Thompson emphasized "I really enjoyed participating in the event, and was impressed by the variety and ambition of the ideas. Overall, the event was an excellent way for those who have business ideas to get direct feedback from mentors with experience in various different aspects of the business. I look forward to hearing about the teams' progress as they develop their ideas further and go on to achieve great things."
According to Sohail Alam and Saimum Sultana form Quantofin: “ We tried to meet all mentors and everyone gave very valuable advice and feedback to our pitch. Thank you IdeaLab for organizing the event and bringing such good mentors!“
Sohail Alam and Saimum Sultana form team Quantofin
Kati Mäesaar from team Storyfy: "All the mentors gave valuable feedback for our idea. We got power and encouragement to move forward to develop our idea.“
Idealab would like to thank all the mentors: Vaido Mikheim (Tartu Science Park), Taavi Tamm (STARTER@Pärnu), Sven Parkel (Tartu Biotechnology Park), Sven Anderson (Brandlyse), Riina Niine (Fleet Complete), Evgenia Trofimova (Introwise), Tanel Tähepõld (Fleet Complete), Chris Thompson (Neuroactive AI), Triin Kask (Nevercode), Mirell Prosa (law firm Sorainen)!
Also, would like to thank all the teams for participating: Quantofin, Romantic Boxes, Produktiivsusklubi, Storyfy, io_developers, Itravel, Poko, Project health flow, Noor Täht, S.A.N.I., Wise Gap!
Next up: Financial and Legal Aspects of a Startup workshop on 4th of April at SPARK HUB. It will be led by Mark Kantšukov and Kristina Viznovitš. More information on IdeaLab website.
Contact: Andres Vaher, UT IdeaLab marketing and communication specialist, 55587359, email@example.comThe event was funded by the European Social Fund.
Photos made by Ekvilibrist
University of Tartu sTARTUp Lab stops its activities!
Startup Lab, former Idealab, started in 2013 and stops its activities in December 2023.
Starter pre-incubation programme teams gained new motivation from mentors for idea development
One of the key events in the StarterTartu programme is the Mentor Feedback Carousel, where teams meet mentors from various fields to receive crucial feedback on their ideas. This year, the event took place on October 5th at Spark HUB, the center of the startup and technology community, bringing together 11 mentors and 22 teams, with a total of 100 students benefiting from the mentors' valuable insights.