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Dec
19
2017

The first batch of pre-acceleration program EstLat-Accelerate has finished

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The first batch of pre-acceleration program EstLat-Accelerate has finished with two Demo Days at loud startup conferences in Riga and Tartu. 

The EstLat-Accelerate pre-acceleration program is created by joining forces of active startup ecosystem representatives from Latvia and Estonia - TechHub Riga, Latvian Startup Association Startin.LV, Garage48, Tartu University idea Lab, and Baltic Innovation Agency.

The main aim of EstLat-Accelerate is to help very early stage startups to become acceleration-ready through a two-month-long, hands-on learning program that offers workshops, speed mentoring sessions, and one-on-one tailored coaching hours with experienced entrepreneurs and startup founders. The pre-acceleration program also encourages cross-border cooperation and creation of startup teams with high international ambitions.

The first program started in September of 2017 with the pre-hackathon ideation day, where all enthusiasts with ideas or IT experts had the chance to meet before the Garage48 Hardware & Arts hackathon, that for the first time took place in Riga and generated an impressive amount of attendees and qualitative ideas. The winner of the hackathon and two more teams were selected into the EstLat-Accelerate program.

The program consisted of 12 early stage startups - six from Latvia and six from Estonia. The official start of the pre-acceleration program was on October 12 at the Mentoring Academy in Tartu, where teams experienced speed mentoring sessions and workshop on finding your customers. Later, the startups continued to work in their teams, supplemented with regular one-on-one coaching sessions and special workshops, such as marketing, pitch practice and fireside chats with successful startups, who already have experienced life in world famous accelerators - Techstars and 500 Startups.

The first batch finished with two Demo Days - one in Riga and one in Tartu. In Riga, teams had gathered at the Digital Freedom Festival, where they pitched on the Green Innovation Lounge stage to the audience and jury. The winning team of the pitching competition was 'UpMatched', and they won a fast track pass to Latvia’s Business Angel Network (LatBAN) monthly presentation session and free tickets to the startup conference TechChill. First runner-up team 'FoodyCheck' also got free tickets to TechChill. The second Demo Day happened at STARTUp Day in Tartu, where our teams pitched on the Tartu University Idea Lab stage and the jury decided that winner is 'FoodyCheck', which gwon free tickets to the next Latitude59 conference in Tallinn, and the next runner-up 'Ingenium' received a 3-month free use of TechHub Riga co-working space as their prize.

Co-founder of the winning team FoodyCheck Mara Lasmane says: "EstLat-Accelerate is a motivating pre-acceleration program that helped us develop our startup. Within the framework of the program, we met with many professional mentors, both in business strategy and presentation ideas, and we got valuable contacts, including the ones that are specific to our industry."

Participant teams:

  • FoodyCheck (Latvia) - Food product rating & scanning app helps to make healthier shopping decisions fast & effortlessly;
  • UpMatched (Latvia) - Engaging Messenger robots that search for and screen job leads for the employers;
  • Ingenium (Latvia) - Ingenium is a tool that allows teachers to create,grade,edit and share tests easily and quickly;
  • s’COOL (Latvia) - Smart phones as learning and research tool - interesting, educational content for kids;
  • MullyCare (Latvia/Estonia) - Robot Assistant, helps young parents with 2-5 years old Child to entertain, educate and check health;
  • SecretFlights (Latvia) - A global platform that would allow airlines to discreetly sell their excess inventory at a discount;
  • GaGa (Estonia/Latvia) -  A personal assistant and a companion in one device. Smart, mobile and personal, you can ask it to manage your smart home, your schedule or your play time;
  • CreepyHeads (Estonia/Latvia) - Interactive art installation with horror experience, where heads on stands follow and talk to you;
  • Bookly (Estonia) - Convenient environment for booking different services on mobile or in web;
  • TIIU (Estonia) - Digital Assistant Tiiu for chronic  diseases. Blood test referal &results; 
  • Brillo (Estonia) - Affordable e-reading device with braille alphabet for people with visual impairment;
  • StartLegal (Estonia/ Russia) - A chatbot that helps startups to get access to legal help and receive legal advice.

Early applications for the next batch of EstLat-Accelerate starting mid-March of 2018 are already open here: http://estlat-accelerate.eu/apply/

EstLat-Accelerate is supported by ERDF programme 'Interreg Estonia - Latvia 2014 – 2020'. The programme is implemented under the European territorial cooperation goal of the cohesion policy and it supports cross-border cooperation. Project name Est-Lat 45.

More information: http://estlat-accelerate.eu/