Insurance cover against failing an exam – the 1st idea in STARTERtech

Business idea development programme STARTERtech takes place in TTÜ Mektory (TTÜ – Tallinn University of Technology) for the fourth time, bringing together almost 200 students and 15 entrepreneurs to find new business opportunities and solutions together. At the opening event, the managers of large companies presented to the students the trends in their areas and problems yet to be solved.

The student teams have already come up with some solutions: for example, a new product was offered to ERGO insurance company – an insurance cover against failing an exam. Proposals for creation of several applications were also made: smart meetings with voice recognition and automatic transcription of conversations, gene based monitoring of health condition, fingerprint and iris scans to log into e-mail and other applications.

 Even if usually it is students who present their business ideas, this time the entrepreneurs also stood up before the crowd – the managers of Pipedrive, Microsoft Estonia, Finnish Institute of Geology, Avokaado, ERGO, Grant Thorntoni, InCap Estonia, LHV, Playtechi, Tieto Estonia ja Startup Estonia were also among those who talked about new trends.


Maria Alajõe, the director of TTÜ Mektory, says that it is very refreshing to see the leading experts of large businesses generating ideas and solving problems together with students. “We should always work this close together with entrepreneurs,” says Alajõe. Magnus Hillermaa, the representative of Microsoft Estonia, was also glad: “Such contact between an enterprise and a student is an excellent opportunity to bring together real problems and modern solutions, as well as extraordinary enthusiasm.” Hillermaa also acknowledged TTÜ as an international university: “I was glad to see that TTÜ is truly an international university. There were six people in my table, two of whom were Estonians.”


TTÜ Mektory’s programme STARTERtech, which started its fourth season, is meant for student startup teams. All young people who are interested in technology entrepreneurship, from universities, institutions of professional higher education, vocational schools and high schools, are welcome to join the programme. During three months, there are courses on new entrepreneurship, leading experts give lectures, mentors give advice, and the development of startup teams is evaluated and supported.



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