CONFERENCE
Jānis, Andris and Kristaps, 3rd-year students of the BA study programme International Economy and Commercial Diplomacy, were able to attend the MIT GSW owing to the business pitch contest organised within the framework of the Eurofaculty Pskov project. The project is supported by the Council of Baltic Sea States.
MIT GSW is a globally significant seminar aimed at promoting entrepreneurial activity and creating global business ecosystems. Every year, the event gathers approximately 300 business leaders, managers, next generation entrepreneurs, professors, financiers, government representatives and private investors around the globe in order to bring together different cultures and regions.
The seminar was attended by the creators of 60 new business ideas from around the world. They met with managers of leading global companies. The participants had three days to prepare for the pitch contest, during which they were given one minute to explain their business ideas to an international panel of judges. ‘Pitch competitions encouraged the participants to realise that it is possible to put an idea into effect and attract investors in a one-minute presentation’, says Kristaps.
Both ideas created by the students, namely, a speech therapy application and an international philanthropy application, made it into the MIT GSW finals. The finalists are welcome to attend Mass Challenge, a global competition held in the summer in Boston, USA.
Kristaps shares his impressions of the competition, ‘This event gave us a chance to speak before international businessmen and managers. It gave us greater confidence, helped us appreciate different values and inspired us to carry out other projects as well. The seminar opened our eyes to the world’.
The students are thankful to the UL FEM and especially to lecturer Antons Petrovskis and assistant professor Ilona Baumane-Vītoliņa for the support received in order to take part in the contest.
Translated by students of the professional study programme Translator of the University of Latvia.
Translated by students of the professional study programme Translator of the University of Latvia.
 Global Startup Workshop (GSW) took place in Tallinn, Estonia. Among other things, the seminar hosted a business pitch contest attended by Jānis Zaltāns, Andris Ziemelis and Kristaps Zaļais, students of the Faculty of Economics and Management (FEM) of the University of Latvia (UL). ){kind=link}