UT team TRIT won Estonia and Latvia business ideas competition!
On 17th of January business ideas accelerator programme EstLat-Accelerate held a Graduation Day with pitching competition. The winner was TRIT - a team from the University of Tartu that develops a solution for the translation service.
8 teams took part in pre-selection round – 5 from Latvia and 3 from Estonia. 4 teams from Latvia and 1 from Estonia made it to the final round that was a side event of Latvia’s biggest startups festival TechChilli. The six judges were Latvian angel investors and venture capitalist.
The first place was won by team TRIT which has two members – Eha Mäesalu (UT graduate) and Ants-Oskar Mäesalu (UT Master’s student). The idea is to make „translation Taxify“ where all the translation service users and providers can meet directly without a long waiting list. The second place went to Latvian team Airda that is working on building an application for the construction sector for using drones.
team TRIT with EstLat-Accelerate organizers
The EstLat-Accelerate is Estonia’s and Latvia’s united accelerate programme, where startups go through a 4-month intensive course with the help of business mentors from both countries. The 3rd batch of startups started in 2018 autumn and there were 7 teams from Estonia and 7 from Latvia. 3 teams from Estonia and 5 from Latvia made it to the Graduation Day.
EstLat-Accelerate is organized by 3 Estonian and 2 Latvian partners:
- Baltic Innovation Agency
- TechHub Riga
- Tartu Ülikool
- Latvian Startup Association
Read about all the teams taking part in the EstLat-Accelerate batch 3:
Estonian teams in the finals:
· TRIT – develops a place for translation service users and providers to meet directly without a long waiting list. (Eha Mäesalu firstname.lastname@example.org)
· Ketita Labs - Commercialize near-term quantum computing with hybrid quantum-classical neural networks. (Mozhgan Pourmoradnasseri email@example.com)
· Zeitgeist - it is both a web platform for films and music as well as a constantly evolving cultural archive for future generations to look back on, listen to and experience. (Kert Vollmann firstname.lastname@example.org)
EstLat-Accelerate is implemented under the European territorial cooperation goal of the cohesion policy and it supports cross-border cooperation. The programme is co-funded by the European Regional Development Fund (ERDF), the Republic of Estonia and the Republic of Latvia.
This article reflects the views of UT IdeaLab. The managing authority of the programme is not liable for how this information may be used.
Contact: Riin Lisett Rei, UT IdeaLab marketing and communication manager, 737 4817, email@example.com
Ukrainian university lecturers develop entrepreneurial knowledge in the Startup Lab training programme
On Thursday, 8 June, the spring semester of the Estonian-Ukrainian cooperation project ended with an online Demo Day, where teams of Ukrainian university lecturers presented the business ideas they had developed over the previous four months.
Kaleidoskoop Finalists announced
For the first time in almost two years the student business ideas comperitionm Kaleidoskoop pre-selection was held in person again. The student teams presented their business ideas during the 3-minute pitch. The jury selected five teams that will present their ideas at the international business festival sTARTUp Day on August 26.
Mentors’ feedback helped the STARTER teams flourish
Mentor Feedback Carousel is one of the most valued parts of the STARTERtartu programme. This year it took place in Spark HUB on the 24th of March. Teams met up with experienced mentors in different fields to get vital feedback on their idea.