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Develop Your Business Idea at B-Space

sharePosted date: 24 Dec 2020
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Starting from 14 December, prospective entrepreneurs can apply to INK, the R?ga Stradi?š University (RSU) Business Incubator B-Space incubation programme.

Teams with a business idea in which at least one member is an RSU student, employee or graduate can apply. Experienced mentors will help the teams to develop their ideas over the course of four months.

On 10 December, B-Space held an online meeting on with M?ris Gr?vis, who founded RB Café (the only café in the Baltic States run by a team of people with physical or mental disabilities), Antibrux, the team that won the Health Tech Hackathon, and J?nis Zalt?ns, a Business Developer at Unifiedpost.

B-Space launched this autumn and around 30 participants in the pre-incubation programme (PINK) attend a weekly online course. The INK programme is available both to PINK alumni and other interested parties. ‘After having created a business idea, which is the main focus of the PINK programme, the next step is to test, develop and realise that idea. Interdisciplinary teams have unique strengths and talents, and each team member is an important resource to realise these ideas. The INK programme focuses on helping teams research their market, create a prototype of their product or service and test it on the end user. This helps participants prepare for Demo Day, which is scheduled to take place the end of the programme, and start their business successfully,’ says Kristaps Za?ais, B-Space Manager.

INK will take place in three stages: first teams will define a business idea and possible business model and build their team, then they will conduct market analysis and create a project or service sketches with the help of a mentor, and finally teams will create the financial and legal structure of a company and develop their pitching skills in preparation for Demo Day. Teams will have access to all B-Space resources including the common rooms at 12 V?lipa iela in P?rdaugava, MakerSpace equipment for creating product prototypes as well as the support of mentors.

Applications for the INK incubation programme are open until 12 January and the programme is scheduled to begin in February.

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