The Innovation Academy entrepreneurship promotion program is entering the second phase of the program and we are opening the application process for the “Innovation Academy” pre-acceleration phase. Anyone with a business idea and a team for the implementation of this idea can apply. In *the program, the ideas and their teams will receive support for research, development of ideas, and prototyping, and for the transformation of Latvian science success stories into competitive business projects. Applications for participation in the pre-acceleration program can be submitted starting from 19 December, until 8 January 2023. decembra, līdz 2023. gada 8. janvārim. Developers of the program plan to enrol up to 40 teams in the pre-acceleration phase.
You can apply for the program here: https://business.gov.lv/pakalpojumi/apmacibas-ino-proj-pirmsakceleracija-ino-akad-2cikls?tips=atbalsts
Innovation Academy is in its second year. It is funded by LIAA Technology Business Centre and implemented by Riga Business School as a structural unit of Riga Technical University. The second program of the Innovation Academy started by enrolling 158 participants in the first phase of the program where participants learn the basics of innovative entrepreneurship. During the program, participants use what they learn, to work practically on generating and validating the ideas.
During the first phase of the program, participants studied about defining solutions and team building. In the introduction, practical master classes about ideation were organized for the participants, as well as several lectures held where representatives of industry familiarized students with the culture of innovations, team and culture building, and leadership. Participants were introduced to the challenges of the urban environment and urban mobility, energy sector and sustainable industries, and were exposed to the latest information about various machine-learning, AI, robotics and health technology trends.
In total 34 lecture hours, master classes of 14 hours, and 140 mentoring sessions with the participation of 24 mentors were held during the first phase.