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 email@example.com)
· Ketita Labs - Commercialize near-term quantum computing with hybrid quantum-classical neural networks. (Mozhgan Pourmoradnasseri firstname.lastname@example.org)
· 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 email@example.com)
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, firstname.lastname@example.org
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.