Demo Day

Creazone #reinvent Lithuania - Latvia - DEMO DAY

When? 29th February, 2020

Where? Coworking Liepaja (Vecā ostmala 24, Liepaja, Latvia)

On the 29th of February CREAzone Reinvent project participants will meet in Liepaja to participate in the final stage of DESING IT - Demo Day, the final event for all participants where Start Up teams will represent their business ideas to potential investors.

More than 120 participants form Latvia and Lithuania started working in the project since September. They have gone through several stages: Be Better, Pitch In, Team Up and Design It. During this period six strong teams consisting of 26 participants have formed, working closely with mentors and experts from Latvia and Lithuania.

Let’s get to know the teams:

• FastB2B from Lithuania – their business idea is an online platform, that creates a network of suppliers and their customers and help them to save time while placing orders.
• Neuroena from Lithuania - NEUROENA is an elastic costume for people with cerebral palsy that corrects the abnormalities by sending an electric impulse to muscles.
• PhotoTabs from Lithuania – team members have an idea about mobile app that converts guitar musical notes to so-called “tabs” that are easier to read and understand than simple notes. 
• The Wall from Lithuania – a clothing line, which transfers street art on clothes. These clothes would have a QR code, which would bring a costumer to a website, where he could find the information about particular painting and the author.
• WallFlower from Latvia – their business idea is a digital pin that can be used to express yourself, used instead of name tag, security card, and as stylish accessory.
• WreckRoom from Latvia - Wreck room is solution for people who want to have fun or relieve stress by demolishing second handed things in the specially prepared room. They can do that individually or with a group of people.

Demo Day will start with trainings about how to build relationship between Start Up team and an investor, how to evaluate strength of the Start Up and how to define financing sources during the Start Up life circle.  As always learning need to have some fun and real experience stories. So some success and/or fail stories will energize our Start Up teams before the final pitch contest.

CREAzone Reinvent participants will be trained by Managing director of Latvian Business Angel Network Kaspars Garkevics and will be inspired by Latvian entrepreneurs who failed and succeeded number of times during their years-long business trips – Artis Daugins and Egils Susts.

The agenda of the event you can find here: Agenda

In the final part of the Demo Day teams will give their pitch presentations to Lithuanian and Latvian business representatives and potential investors and will fight for prizes including 1000 EUR  for the creation of a prototype sponsored by UAB “TransUnion”, as well as opportunity to present a business idea at Lithuanian Business Angels Network.