Tag ‘The University of Latvia (UL) Student Business Incubator’
The EEPA 2017 shortlist introductions continue! Today is the turn of Category 2: Investing in entrepreneurial skills. This year candidates in this category come from Sweden, Estonia and Latvia, and the projects focus on supporting entrepreneurs, helping them start out and making technology and the digital world accessible to all.
The Business Generator focuses on bringing in external expert support systems for SMEs to add value to their business concepts. Few such support systems currently exist for SMEs as many consider bringing in external expertise as too time-consuming. Each Business Generator is staffed with four individuals: two men and two women, each with different profiles and skills, who have all experienced growth. Each team covers: analytical capability, financial expertise, empathy, customer benefits, development process management, creativity and innovation. Acting as coaches, Generator staff ask the challenging questions from an outsider perspective that result in new decisions and tangible change.
Tech Sisters is an Estonian non-profit run by women working in IT and/or studying IT with the mission to increase women’s digital literacy and interest in IT. This is done through organising meetups for women in tech and running entry-level coding and tech workshops for women. Workshops specifically for teenagers promoting IT activities are also organised with the participation of inspirational IT female role models. By inspiring, encouraging and educating women/girls about IT, Tech Sisters aims to bring more women into IT and create a more diverse environment in the tech field.
The University of Latvia (UL) Student Business Incubator has assisted students of the UL and other higher education establishments of Latvia to start and develop an enterprise during their studies. The business incubator provides free premises and office equipment, offers free counselling sessions, help from mentors and industry professionals in business development as well as individual and group coaching sessions in cooperation with the Coaching School of Riga. The incubator also organises entrepreneurship events to encourage youth entrepreneurship, during which participants go through an accelerated incubation process, meet active professionals and receive feedback on their ideas.
So who will win this year? All will be revealed at the SME Assembly 2017 in Tallinn this November! Find out about the Category 1: Promoting the Entrepreneurial Spirit nominees here, and stay tuned for Category 3 introductions next week!