Business ideas competition finals at Latitude59
Finals assessment criteria
- The essence of the problem
- Novelty of the solution
- Market product fit
- Progress made including MVP
- Team's competence
- Pitching skills
Requirements for participation:
- At least 50% of the team members should be students from universities, vocational or general education schools.
- All the teams have 2 minutes for a pitch.
- The teams will have 2 minutes for questions from the jury.
- A perfect pitch would include the following information: team name, description of the problem, offered a solution, potential market, competition, business model, the competence of the team.
- A pitch has to be in English.
- Slides may not contain animations (because these might not work).
Previous finals have been a great starting point for many student teams who are now functioning companies. For example, the winner of the 2017 autumn season, Decomer Technology produces water-soluble packaging materials. The winner of the 2018 autumn season, TRIT makes ordering translation services easier. The best Starter team in 2019, CommuniCare is a social platform that unites volunteers all over Estonia to provide companions and communication partners for the elderly living in nursing homes. The winner of the 2019 Autumn season, the student team Münt produces eco-friendly toothpaste tablets. In 2022 at the sTARTUp Day finals Bankery, a fintech company that brings together loan applicants and banks to enable private individuals to get loans faster, cheaper, and with higher probability, got the Edu&Tegu award. Team Join who also competed at the sTARTUp Day finals 2022 developed an application that helps users achieve their goals by supporting each other. Now they have over 1500 people in their commune.
The best teams from Kaleidoskoop pre-selection will compete in the finals for money awards, tickets to different desired events, special awards and more.
Previous winners are sharing why should you apply. Read here!
According to Manager of sTARTUp Lab Maret Ahonen, the finals is not just the final event of the STARTER programme but an opportunity for teams to be seen and to introduce their product or service. “While there may not always be investors on the competition panel of judges, there are always people who are active on the startup scene and whose support can help teams make a huge leap in their development.”
I am aware and I give my permission to:
1. Take pictures of me at the public event.
2. Use the pictures and videos for marketing purposes in the programme communications.
3. Use my information for entrepreneurship programme Edu ja Tegu participants statistics and feedback.