FinEst Centre's smart city pilots business opportunities panel

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FinEst Centre for Smart Cities is running four large and two medium sized pilot projects where researchers from TalTech and Aalto University are developing new solution for city challenges, piloting these in real city environments and get prepared to commercialize these products and services. The main goal is that many more cities in several countries could benefit from the pilots and make their urban environment better for their citizens.

From six pilots there is potential and plan to create three new companies, licence one solution to an existing company and two services would be offered to cities by the FinEst Centre for Smart Cities.

On November 9. FinEst Centre arranged an expert panel for our pilot projects to get feedback to their commercialization plans and also new ideas for alternatives.

The following experts participated: Yrjö Ojasaar from Change Ventures, Andrus Oks from Tera Ventures, Lauri Antalainen from EstBAN, Ragmar Saksing from Tallinn Science Park Tehnopol, Rene Jõeleht from Mektory, Matti Hämäläinen from Forum Virium Helsinki and Mikk Vainik from the Ministry of Economic Affairs and Communications.

There were intensive presentations and live discussions about further opportunities, new client segments and choosing focus to getting launched quicker.

 

FinEst Centre for Smart Cities is working together with the entrepreneurship arm of TalTech to get the new companies established jointly and negotiate the licencing agreement if needed. We are offering further business mentoring and training for teams to get them prepared for commercialization. We collaborate with deep tech incubators, accelerators, business angels and VC funds to smooth the  way to the market for these spin-offs.

 

Find out more about our pilots HERE