St. Pölten, July 8, 2024 - As part of the spin-off initiative of the Province of Lower Austria and under the leadership of the technology financing company tecnet equity and the accent Incubator, 14 teams from Lower Austrian universities of applied sciences competed this year for participation in a ten-day stay in Silicon Valley and a visit to the renowned Berkeley Entrepreneurship Summer School in August. At the Demo Day at the St. Pölten University of Applied Sciences, the Lower Austrian UAS teams presented their projects to a high-ranking jury, with the “In-Kind” team from the IMC-Krems UAS emerging as the winner. The winners Chieh Pan, Natalia Aldana and Nina Mrzelj can now look forward to a unique opportunity to immerse themselves in the heart of US start-up culture and further develop their innovative ideas.
Johanna Mikl-Leitner emphasizes the importance of this initiative: “Participation in the Berkeley Entrepreneurship Summer School offers our students valuable insights into the dynamic world of start-ups in Silicon Valley and promotes the international exchange of knowledge. With projects such as 'In-Kind', our young talents impressively demonstrate how innovative solutions can contribute to overcoming social challenges.”
“In-Kind” is an innovative platform that documents the supply and demand of donations in kind in real time, thereby optimizing the exchange between private helpers and social institutions. The application uses modern technologies to improve the process of collecting, sorting and distributing donations in kind. Forecast models are also to be integrated in the future. The aim is to make administration as easy as possible for the helpers so that they can focus on looking after people again.
The winning team is looking forward to the experience ahead. “This participation is a unique opportunity for us to expand our knowledge, gain new perspectives and make valuable contacts. The field of digitalization in social services and fundraising is an untapped area with enormous potential,” explain Chieh Pan, Natalia Aldana and Nina Mrzelj. “We are passionate about developing and implementing innovative ideas and are particularly proud that we can make a social contribution and achieve a sustainable impact with 'In-Kind'.”
Doris Agneter, Managing Director of tecnet equity, underlines the objective of the program: “We want to consciously promote the international exchange of knowledge, especially in the technology sector, and enable young domestic founders to look beyond borders. This experience is a decisive factor in the development of our future technological entrepreneurs.”