Mentors help keep students’ business ideas on track
In each semester, students start developing their ideas in the sTARTUp Lab to gain entrepreneurial experience. A key role in this process is played by mentors who, based on their experience, give feedback to teams, share valuable advice and help them make useful contacts.
From 22 to 29 October, 17 teams had online meetings with 20 mentors from different fields in the course of the Mentor Feedback Carousel of the business idea development programme STARTERtartu. The teams gave a lot of good feedback about the event. With the help of the mentors, they set the focus of their ideas, established target groups, made the value proposition, and found the first customers, etc. For example, the team Särasilmad, who provide training for the short-sighted to improve their vision, registered their company and made their first sale.
A great product or service that provides a solution for pain points is good, but a great mentor who helps to keep the start-up on the right track is equally important. The mentor and STARTERtartu alumna Rimante Valancauskaite said that she was happy to see so many teams willing to contribute to society. “The most interesting for me as a mentor was to give them ideas on how to make a profit. As all the teams had a clear vision and the will to act, I have no doubt that we will soon hear so many success stories in the media,” she said. Why every startup need a mentor? Here are 3 reasons why.
Direct pass to Ajujaht top teams
For the Ajujaht organiser Harri Tallinn, this was not the first time to be a mentor for STARTERtartu teams. Every year, one team receives a direct pass to the top 100 teams of Ajujaht. This time, Harri picked our team Eventive, who develop interactive 3D models of concert and sports halls, making it easier for organisers to plan an event without going to the venue.
Ideas from different areas
A total of 17 teams joined STARTERtartu this autumn. Ideas are developed in a wide variety of fields like healthcare, food, technology, education, clothing, etc. All ideas are united by the goal of making our daily lives better. Short descriptions of the teams can be found here.
STARTERtartu organisers are very grateful to all mentors who participated in the Mentor Feedback Carousel: Aivar Pere, Alo Peets, Andreas Unt, Ants-Oskar Mäesalu, Chris Thompson, Evgenia Trofimova, Harri Tallinn, Ingrid Laht, Justin Hein, Kalev Kaarna, Kei Karlson, Kuldar Leis, Laura Eiche, Marelle Ellen, Ott Pärna, Raphael Koster, Rimante Valancauskaite, Sven Parkel, Taavi Tamm ja Vaido Mikheim. Read more about each mentor here.
The University of Tartu sTARTUp Lab is a subunit of the School of Economics and Business Administration. It provides hands-on entrepreneurship education and pre-incubation services. Teams who have joined the STARTERtartu business development programme participate in workshops supervised by mentors, who are start-up founders and entrepreneurs from different business sectors.
The event was financed by the European Social Fund and EIT Health.
Further information: Andres Vaher, Marketing and Communications Specialist, sTARTUp Lab, University of Tartu, +372 5558 7359, email@example.com
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.