Day: October 10, 2016

SprayPrinter – grant 8,000 euros
SprayPrinter is an innovative wall printer, which helps you to print the design or image in your smartphone in to just about every wall.
The team of SprayPrinter began operations last October. Today the start-up company has passed the Tartu Science Park Buildit acceleration program, received 8,000 euros at the Prototron prototyping contest, won the Ajujaht competition, filled 159% of the desired result in Indiegogo crowdfunding. In total investment in the order of 100 000 have been involved.

Smart Load Solutions – grant 8,500 euros
Smart Load Solutions has built a smart appliance for better planning the work of factories and power plants. The appliance s suitable for various automated facilities in order to keep the machines working just when the price of electricity is cheapest. Saving both in energy and in money.
Madis Uuemaa is a 26-year-old founder of Smart Load Solutions. The business magazine Forbes has placed him among 30 most successful young entrepreneurs under 30 years of age.
The Expert Panel of Prototron saw in him the potential already in 2014, when it granted to him 8,500 euros for prototyping. It’s worth keeping an eye on his doings!
A clip of their activities https://www.youtube.com/watch?v=115tT_RZIjk

coModule – grant 10 534 euros
27-year-old Kristjan Maruste is the founder of CoModule and belongs to the 30 most successful young entrepreneurs under 30 years of age ranked by the business magazine Forbes. Kristjan’s formula for success? Let it remain a mystery, or see here: https://www.youtube.com/watch?v=3io8sl-8ovo

However, under his leadership, has been developed coModule platform, which can be used to display information on battery charge of electric bike or scooter in the smartphone. At the same time, it is also possible for the vehicle manufacturer to track where and when their scooter or bike moves. Ingenious! So thought the Expert Panel of Prototron and gave them 10,534 euros for the development of the appliance. This was the beginning of the success story.

Lingvist – grant 9900 euros
One of the first Prototron beneficiaries. The team is developing a cross-device language learning novel method working in a nover language learning method that makes teaches any foreign language to any one student in 200 hours. For that is used collation and analysis of the vocabulary of different languages and the optimal learning program is calculated. The author of the program is an Estonian doctor of theoretical physics Mait Müntel who had to learn the French language in CERN and coined an algorithm that helps to acquire a foreign language in 200 hours.
With the involvement of an investment of total of around 1 million euros from different investors, Lingvist continued development; by now the company has announced that it will receive as an A-series investment 8 million dollars, or more than 7.4 million euros to enter the Japanese market.

Why in the current application round of Prototron, clever ideas are expected from the regions of East Viru County and Southeast Estonia?

Our goal is to declare that the current Prototron application round is open to all people who have an idea on how to solve some problem. It can be something that makes the life of a specific region or community better and is not suitable for using elsewhere. We want to find those ideas also from outside of Tallinn, to give them the opportunity to do something great. Have you noticed how the simple but ingenious solutions to various problems help to make our daily lives better? Let us share these ideas with others, and it can become a successful enterprise, like Lingvist or Sprayprinter.

Does it mean that start-ups from Tallinn are not welcome this time?
On the contrary, the Prototron application rounds are always welcome to all ideas, regardless of gender, age, education level or place of residence of the team members. Since its establishment in August 2012, the Prototron application rounds have received about 100 to 150 applications, 38 ideas have been funded for a total of 400,000 euros. Experience shows that the majority of the teams are active Estonian startup community members. In order for the information on Prototon and its opportunities to made it out of the narrow circle, we are now aiming at the different in regions of Estonia, this time in East-Viru County, South-East Estonia and the Tartu region, where the members of Prototron are going to introduce the nature of the fund and to inspire local enterprising people.

If I have a wonderful idea that could grow into something bigger, what should I do?
To begin with, find and start a team with which to develop the idea further. With the best will in the world, one person is not enough to engage in product development, sales, and financial affairs. Then send your application to www.prototron.ee. All teams will receive feedback from the experts of Prototron even before the deadline for the application round, so you can quickly find out whether the idea has the potential to receive funding from Prototron or not. Certainly, our experts also share guidelines on how to make your applications or ideas even better, so that the team will be able to defend their idea in front of the Panel of Experts.

We accept applications until October 15 at 23:59 www.prototron.ee