VGTU selected the best start-ups‘ ideas

June 1, 2015
In the middle of May, the contest "I am doing business! From science to start-up" ended. The contest received fifty-four entrepreneurial ideas from students of Vilnius Gediminas Technical University (VGTU), as well as other Lithuanian and foreign higher education institutions.
 
The first place went to Juozas Sadauskas and Julius Švagdys, the third year Telecommunications Engineering students, Faculty of Electronics, VGTU, for the idea of smart home "Indra". The second place went to Šarūnas Skuodis, the Lector of the Department of Geotechnical Engineering, PhD, Faculty of Civil Engineering, VGTU, and Dr. Kęstutis Kelevišis, the Geotechnical Expert of the Association ‘‘VAE SPB‘‘, for the idea of "Non-Contact Distance Meter‘‘. The third place went to Vytautas Karpauskas, the Bachelor of Communication and Information, VU, and Daniel Okeoghene Williams, the post-graduate student of Business Informatics, MRU, for the idea of mobile applet ‘‘Play in Touch APP‘‘. All winners received Certificates of Gratitude, presents from the Faculty of Business Management, VGTU and cash awards, sponsored by the entrepreneurs Nerijus Juškaitis, Skirmantas Maulevičius and Antanas Sysas.
 
At the contest, the participants had the opportunity to meet and be acquainted with the entrepreneurs and investors. One of them was Skirmantas Maulevičius, who advised the students and assisted in developing their ideas. In addition, all participants had a chance to participate in the open discussion-workshop "The Adaptation of Social Innovations in Business".  Mindaugas Danys, the entrepreneurial consultant of the public institution ‘‘Sunrise Valley‘‘, conducted this workshop.
 
"We received Applications from the students of Vilnius University, Kaunas University of Technology, Mykolas Romeris University and Westminster College. This proves that not only our students knew about the contest. In addition, not only studying young people, but also all people looking for new opportunities and advice on how to realize their ideas, knew about it. Many of the participants of the contest proposed to create or improve smart technologies, others – to introduce new services or develop new products,"- said Prof. Dr. Jelena Stankevičienė, the Dean of the Faculty of Business Management at VGTU.  
 
The contest ‘‘I am doing business! From science to start-up‘‘ has been organised to encourage the young people‘s entrepreneurship skills, to arouse their interest in business-building opportunities in Lithuania and for the practical application of knowledge, acquired during their studies. VGTU Knowledge and Technology Transfer Centre organised the event.

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