Individual applications are welcome, and in case individuals/teams are looking for additional team members, they can reach out to the organizer to be connected with those who could potentially contribute to the development of their innovation project.

Yes, participation in the Digital Innovation Incubator is free.

Both undergraduate and graduate students are eligible to participate.

Each team can consist of a maximum of 6 members. In exceptional cases, students can also develop a project individually.

Each student can be a member of up to 3 different teams simultaneously.

Digital Innovation Incubator encourages interdisciplinary collaboration, so team members can be from any year, field of study, or specialization.

Interdisciplinary team collaboration is not a mandatory requirement for participation.

Lectures, company presentations and task presentations will be pre-recorded and distributed as YouTube links through the StellarPlatform, which you can watch at your convenience.

The competition is formed after the educational program, allowing students to apply the acquired knowledge and personal interests to address real challenges in various industries. The goal is for participants to go through key stages of development during the competition, enabling them to independently structure solutions that create something novel, meaningful, and impactful.

Each team must have a leader who is responsible for the submission, chosen by the team members.

The team selects the industries for which they want to develop an innovation project, and the process involves the following steps:

1. The project leader creates a new project (specifying the project/idea’s name).
2. The leader adds students who are team members to the project.
3. The leader submits this project to the tender of the selected industry/company.

Each team can develop a project for a maximum of 3 industries.

During the feedback meetings, team members, representative(s) from the selected industry company, and a representative from the Innovation Institute will be participating. The goal of the feedback meetings is to challenge project assumptions (relevance for the industry, company, and market) and address any potential questions from the teams.

Each feedback meeting will last for 10 minutes. They will be held online in April and May, and each team will be able to choose the one that best suits them from the pre-arranged time slots.

Tasks will generally focus on the following areas:

1. In-depth analysis of the actual problem that the project solves
2. Specification of the solution to that problem
3. Market analysis
4. Presentation of the project’s impact on the company (required resources) and the market (revenue sources)
5. Defining the go-to-market strategy

The presentation must last up to 5 minutes, followed by a 5-minute period allocated for questions from the jury.

The presentation can be led by all team members, but it’s not mandatory – the team decides among themselves.

In each industry, the top 3 teams are awarded.

The overall winner is the top team among all teams that have secured the first place within their respective industries.

In each industry, the top three places will be rewarded with the following (net) amounts:

1st Place – 1,500 EUR
2nd Place – 1,000 EUR
3rd Place – 500 EUR

From among all the winners, the overall winner of the Digital Innovation Incubator will be selected and awarded an additional 3,000 EUR (net) & tickets, travel and accomodation for Web Summit 2024.

The digital infrastructure of StellarPlatform (web + app) enables teams to conduct all activities related to the development of an innovation project in one place – communication, task structure and allocation, project status and progress tracking, discussion of potential solutions/proposals, document sending and exchanging, calendar of meetings/activities, decision-making (regarding ideas and proposals), etc.