Kaleidoskoop finalists have been selected! Its time to turn your idea into a real money-making business.
May 19th marked the date of Kaleidoskoop’s preliminary round. After a long day of pitching, debate and constant feedback, 15 teams out of 28 were chosen to enter the final round of Kaleidoskoop. The teams had 2 minutes to pitch their idea to a panel of 8 judges, who then had 5 minutes for additional questions.
Ideas presented in the preliminary round came from very different fields – from food and design to computer games and new materials. Although the judges agreed that none of the teams were lacking in innovativeness, they all face a challenge in the finals – answer the question “where is the money going to come from?”. A member of the panel, Aivar Pere, who is an entrepreneurial consultant in Tartu University, recommended that all teams should polish business side of their ideas and talk more about money because that grabs attention and gives the project a more real feeling.
After deliberation the judges selected 15 teams to enter the final round of Kaleidoskoop:
Need2Park – Parking management software
Gleather – Gelatin leather
B.E. – Project idea to encourage entrepreneurial mindset
Vitabug – Bioreactor for producing vitamins
Küte – Web platform for buying and selling firewood
Bomby - Language learning device
Qodu - Rental apartments webplatform
Pürg - Aesthetic product for contemporary people
Konku – Broker fee free web platform
YOMO - Budget application for money management
Veemajanduse keskus - Water engineering and legal counselling
Healthystyle – Healthy food boxes
ColOrigami – Computer game
OÜ Ergonim – Ergonomics councelling and a ergonomical products for musicians
KadisINK – Designing postcards and fridge magnets and decorations for events
Additional good news for the finalists! All finalists are welcome to set up an hour-long consultation with Aivar and he will help them to better understand the revenue model and answer the question: “where is the money going to come from?”. Aivar Pere is a man of his word and he can be contacted via e-mail email@example.com.
Kaleidoskoop finals will take place on the 27th of May at Dorpat Hotel & Conference Centre. All finalists and audience need to fill in a registration form that can be found here http://www.ideelabor.ut.ee/kalender/ariideede-voistlus-kaleidoskoop. See you there!
sTARTUp Lab’s Teams Were Spinning Around at the Mentor Feedback Carousel
On 24th of October sTARTUp Lab hosted a Mentor Feedback Carousel which brought together STARTER programme teams and experienced mentors to help teams develop their ideas. Teams rotated between mentors to get feedback to their ideas from different experts. By the end of the event, mentors invested virtual play money checks to the teams they liked the best.