The 11-week business acceleration program has come to an end. At the closing event, participants presented their ideas, which were born during this intensive period of deepening their entrepreneurial knowledge, developing products, and preparing for investor pitches.
The program consisted of lectures, workshops, and individual consultations led by both VILNIUS TECH faculty and guest mentors. Participants delved into topics such as target audience identification and value proposition creation, business models and strategy, financial planning, sustainability, artificial intelligence (AI) application, cybersecurity, and effective communication.
During the final event, 14 teams presented their ideas, from which the judging panel selected the top three:
First place went to Mattestai, a team comprising Faculty of Fundamental Sciences students Ainius Morkvėnas and Minvydas Nekrašius, who created an adaptive mathematics learning platform. The platform relies on problem-based learning: the system analyzes how students solve exam-type tasks, identifies knowledge gaps, and automatically adjusts the complexity of the content. This allows each user to better understand mathematical concepts and prepare for exams more efficiently.
Second place was awarded to Faculty of Creative Industries alumna Laura Dutkutė, who created the SunbuLabs project. Her proposed solution is an AI-powered satellite diagnostic tool for farmers. This technology allows for the quick and efficient detection of plant stress across large areas, thereby solving the inefficiency problem associated with traditional manual monitoring.
Third place was secured by Faculty of Electronics student Augustinas Stasiškis, who is developing an EDA component library generator for KiCad users. This tool automates the creation of electronic component libraries, reducing the likelihood of errors and simplifying the PCB design process. The team has already developed a brand and a website, and is currently preparing a demo library.
In addition to the winning projects, several other innovative solutions were presented during the program:
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An AI-powered SaaS solution for managing university admission processes, designed for educational institutions and agencies.
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A platform that allows homeowners to solve household maintenance issues with a single click.
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A sustainability platform helping businesses reduce food waste and improve their ESG metrics.
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A real-time, AI-based decision support system for cybersecurity incidents.
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An automated land plot analysis system that evaluates building potential and identifies risks.
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A fitness app tailored to the menstrual cycle to optimize training efficiency.
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A thesis (final project) planning tool for students.
The program’s content was developed, and the participants were guided by VILNIUS TECH faculty members: Assoc. Prof. Dr. Sigitas Davidavičius, Skirmantas Maulevičius, Assoc. Prof. Dr. Rūta Mikučionienė, Vitalijus Gurčinas, and Prof. Habil. Dr. Antanas Čenys. They were joined by guest mentors Erik Bhullar, Walid O. (Willy) El Cheikh, Patrick Collins, and Vytautas Černiauskas, who shared practical insights and helped the teams refine their projects.
The Business Acceleration Programme is funded under the project “Strengthening the Competencies of Innovation and Technology Transfer Centres.” The project is implemented by the Research Council of Lithuania (LMT), VILNIUS TECH, and 11 other Lithuanian higher education and research institutions. Its aim is to strengthen the competencies of Innovation and Technology Transfer Centres, foster an entrepreneurial environment within higher education and research institutions, enhance the potential of applied research, improve the efficiency of knowledge and technology transfer, and increase institutional engagement in international research and innovation markets.