The incubation program aims to provide specialized and free support to students who have business concepts with development potential in the Romanian market. Following the "Idea Competition," the selected teams will have access to a series of modules that will shape feasible business models based on the identified vision and challenges.
Idea Competition
The event will provide students with the opportunity to present their business ideas to a jury composed of a group of mentors. The most interesting ideas will be selected to be part of the UBB Student i-Lab incubation program.
To register for Idea Competition fill out the the form
October 2023
Incubation Program
The incubation program aims to provide specialized support to students who have business concepts with potential for development in the Romanian market.,an event scheduled to take place at the beginning of each semester. The selected teams will have access to a set of modules designed to help them develop a feasible business model and provide specialized support.
October 2023
November 2023
December 2023
Demo Day
The event provides future successful businesses developed within the incubation programs with the opportunity to be validated in front of a jury consisting of mentors and investors. It will offer the winners the opportunity to obtain funding and support from partner accelerators, and the most promising and elaborated concepts with potential for real-market development will be awarded.
* Please have a look of the calendar to have an overview when the events will happen.
February
Idea Competition
The event will provide students with the opportunity to present their business ideas to a jury composed of a group of mentors. The most interesting ideas will be selected to be part of the UBB Student i-Lab incubation program.
March 2024
The competition is open to all UBB students who have a business idea they want to test and validate with the help of the best experts in the field, within the "Incubation Program". Students can register for the competition either individually or with colleagues with whom they know they can form a creative, dynamic team eager to experiment with new things.
Each person/team will have 5 minutes to present the problem they want to solve, the solution (product/service) they consider viable to address the respective problem, and the motivation to develop the business concept. To facilitate the presentation of the idea, the use of a PowerPoint presentation is recommended, and the presentation can be conducted in both English and Romanian.
To register for the Idea Competition, please fill out the FORM. The deadline for registration is 27.10.2024, at 23.59.
Incubation Program
The incubation program aims to provide specialized support to students who have business concepts with potential for development in the Romanian market.,an event scheduled to take place at the beginning of each semester. The selected teams will have access to a set of modules designed to help them develop a feasible business model and provide specialized support.
March 2024
Module 1.
Start-up mindset
- Start-up Mindset and the psychology of success
- Leveraging failure in successful businesses
- The importance of mindset in the entrepreneurial journey
Speaker: Anca Rarău
Anca Rarău’s professional experience stretches over 20 years of working in brand positioning, strategic and operational marketing, customer experience, employer branding, research, and PR. She coordinated and implemented notable projects both as manager in large companies, and as entrepreneur.
Anca Rarău is an active member of Romania Business Leaders, engaging her professional expertise and knowledge to help develop the business environment and various communities. In 2017 she was one of the founders of the first Romanian Business Leaders branch outside Bucharest – RBL Cluj. As a local leader of the VSFA (Vreau Să Fiu Antreprenor) project, she got actively involved in the national program for educating young entrepreneurs.
Anca Rarău’s career and experience rely on a strong academic background. She has graduated from Babeș-Bolyai University in Cluj with a Bachelor’s Degree in Economic Science, specialized in Management. She has a Master’s Degree from the Academy of Economic Studies in Bucharest. She also graduated from the Executive MBA program of CNAM Paris.
Module 2.
Lean Start-up
- Understanding the defining a successful Start-Up
- Testing, validating and updating the business concept
- Customer Discovery
Speaker: Bianca Muntean
Bianca Muntean, Honorary Consul of Estonia, is co-founder and cluster manager Transilvania IT, with over 25 years of experience in creating and developing innovation ecosystems. She is the coordinator and founder of Transilvania Digital Innovation Hub, the first digital innovation center in Romania recognized as operational by the European Commission and selected in the European Digital Innovation Hubs network, as well as the coordinator of the Association of Digital Innovation Centres in Romania RO-DIH.
Bianca Muntean is known as one of the most relevant stakeholder in the region and in the country in the field of innovation, digitization and technology, being appointed Consul of the Republic of Estonia in Cluj, for the counties of Alba, Bihor, Bistrița-Năsăud, Cluj, Maramureș, Mureș, Sălaj and Satu Mare. She is a member of several Advisory Groups and Councils dealing with innovation and digital transformation at local, regional, national and international level.
She was awarded the title of EU Cluster Manager of the Year for 2019 by DG GROW, European Commission and is involved in coordinating cross-sector collaborations across Europe. Bianca is also a recipient of the 2017 Open Innovation Award from the Open Innovation Strategy and Policy Group, European Commission.
Bianca Muntean strongly believes that the power of collaboration can generate systemic change in the economy and society.
April 2024
Module 3.
Problem Analysis
- Analyzing problems and devising solutions in the participants' area of interest
–Gaining a profound understanding of the challenges encountered by participants in the incubation program
– Cultivating critical skills to innovate and find solutions
Speaker: Catherine Delevoye
Catherine Delevoye has more than 25 years of experience in advising entrepreneurs, supporting start-ups and scale-ups for their business strategies, paths to markets and the management of their portfolios of technologies, providing coaching and support services in terms of internationalisation, business development, investment readiness, innovation management and value chains.
She has been supporting companies in their international development in Europe, North America, India, Africa and the Middle East, providing tailored legal advice and expertise for their technology development, partnering and business modelling activities. She is working with innovative companies at all stages, from idea maturation to international growth, and supports entrepreneurs in their business and legal matters, from intellectual property management to agreements with clients, partners and investors worldwide
Module 4.
Value Proposition Design
– Developing unique and appealing value propositions
–Acquiring practical skills to transform and enhance the value offered by products or services developed by participants in the incubation program
–Outlining a business strategy with impact
Speaker: Caherine Delevoye
Catherine Delevoye has more than 25 years of experience in advising entrepreneurs, supporting start-ups and scale-ups for their business strategies, paths to markets and the management of their portfolios of technologies, providing coaching and support services in terms of internationalisation, business development, investment readiness, innovation management and value chains.
She has been supporting companies in their international development in Europe, North America, India, Africa and the Middle East, providing tailored legal advice and expertise for their technology development, partnering and business modelling activities. She is working with innovative companies at all stages, from idea maturation to international growth, and supports entrepreneurs in their business and legal matters, from intellectual property management to agreements with clients, partners and investors worldwide
Module 5.
Business Modeling and Financing
- Defining the business structure using essential strategies to outline key elements
- Costs, revenues, and distribution channels to create sustainable business models
- Appropriate financial resources for developing business ideas
- Investments and investors
Catherine Delevoye has more than 25 years of experience in advising entrepreneurs, supporting start-ups and scale-ups for their business strategies, paths to markets and the management of their portfolios of technologies, providing coaching and support services in terms of internationalisation, business development, investment readiness, innovation management and value chains.
She has been supporting companies in their international development in Europe, North America, India, Africa and the Middle East, providing tailored legal advice and expertise for their technology development, partnering and business modelling activities. She is working with innovative companies at all stages, from idea maturation to international growth, and supports entrepreneurs in their business and legal matters, from intellectual property management to agreements with clients, partners and investors worldwide
Module 6
Entrepreneurial Team Management
– profiles that complement business models
–
challenges in entrepreneurial management
– internationalization
– partnerships
Speaker: Catherine Delevoye
Catherine Delevoye has more than 25 years of experience in advising entrepreneurs, supporting start-ups and scale-ups for their business strategies, paths to markets and the management of their portfolios of technologies, providing coaching and support services in terms of internationalisation, business development, investment readiness, innovation management and value chains.
She has been supporting companies in their international development in Europe, North America, India, Africa and the Middle East, providing tailored legal advice and expertise for their technology development, partnering and business modelling activities. She is working with innovative companies at all stages, from idea maturation to international growth, and supports entrepreneurs in their business and legal matters, from intellectual property management to agreements with clients, partners and investors worldwide
Module 7.
Prototyping
- create a prototype and validate it with potential customers
–Refinement solutions for the developed prototype
– create a model
Speaker: Amnon Dekel
Dr. Amnon Dekel is the Executive Director of ASPER-HUJI Innovate, the Innovation and Entrepreneurship Center of the Hebrew University Jerusalem. Previously, Amnon served as the Chair of the Dept. of Software Engineering at the Shenkar College of Engineering & Design in Israel. Amnon has over 20 years of experience in product development of IT based services and applications, as well as more than 15 years of experience in Applied Research in the areas of User Experience and Mobile Computing. Amnon has participated in founding 3 companies in the area of video sharing, personal networking and indoor navigation. Amnon has received numerous international awards, including a Pulitzer nomination for his work with the New York Times. Amnon has a PhD in Computer Science from the Hebrew University.
May 2024
Module 8.
Commercializing Innovations
– Technological entrepreneurship
– Approaches in Innovations Commercialization
Speaker: Jeff Sevage
Jeff Savage is the Executive Director of the Faber Entrepreneurship Center at the Moore School, USA. His research focuses on identifying best practices in marketing science-based innovations, effective patenting strategies, and the development of entrepreneurial and innovation ecosystems. For ten years, Dr. Savage provided consulting to academic and scientific startups, serving as a faculty mentor in the NSF's I-Corps program. He collaborates with the Savannah River National Laboratories and serves as a faculty advisor for the Gamecock Consulting Club.
Module 9.
Pitching & Market Strategy
– Pitching
– New Technologies in Technological Entrepreneurship
– Scaling Strategies based on New Technologies
Speaker: Jeff Sevage
Jeff Savage is the Executive Director of the Faber Entrepreneurship Center at the Moore School, USA. His research focuses on identifying best practices in marketing science-based innovations, effective patenting strategies, and the development of entrepreneurial and innovation ecosystems. For ten years, Dr. Savage provided consulting to academic and scientific startups, serving as a faculty mentor in the NSF's I-Corps program. He collaborates with the Savannah River National Laboratories and serves as a faculty advisor for the Gamecock Consulting Club.
Module 10.
Entrepreneurship Marketing
– Marketing in Entrepreneurship
– Bootstrap Marketing
– Social Marketing
Speaker: Brooke M. Reavey
Brooke M. Reavey, Ph.D., M.S., is an associate professor of marketing at the Brennan School of Business at Dominican University. She is a Fulbright researcher, having attachments in Romania, serving as a Senior Scholar in Bucharest during the period 2017 - 2018 and a Fulbright Specialist in Cluj in 2024. She holds a Ph.D. in Marketing (Business Administration) from Drexel University and a master's degree in Marketing Research from Temple University. She worked in the marketing research industry for eight years before completing her doctorate. She is a two-time winner of national innovation competitions in teaching. Dr. Reavey's academic work focuses on the intersection of digital marketing and market research, particularly regarding data democratization and privacy.
Demo Day
The event provides future successful businesses developed within the incubation programs with the opportunity to be validated in front of a jury consisting of mentors and investors. It will offer the winners the opportunity to obtain funding and support from partner accelerators, and the most promising and elaborated concepts with potential for real-market development will be awarded.
The awards will consist of goods, money, and specialized support to ensure the continuity of the business concepts.
* Please have a look of the calendar to have an overview when the events will happen.
June 3, 2024
Beneficiaries of the incubation program will have the chance to validate their business concept in front of experienced entrepreneurs and instructors, both locally and internationally. Each concept will be showcased within a precise 5-minute timeframe and should emphasize highlight the proposed value, persona, competitive advantage, an estimated budget of targeted revenues and expenses, and future strategies. It is recommended that the pitch be delivered in English,, given that the jury will include specialists from Romania and abroad.
The registration form is available HERE (You will also find the template that must be used for the pitch)
Amnon Dekel is the Executive Director of ASPER-HUJI Innovate, the Innovation and Entrepreneurship Center at the Hebrew University of Jerusalem. Amnon has over 20 years of experience in product development for IT-based services and applications, as well as more than 15 years of experience in applied research focusing on User Experience and Mobile Computing.
Catherine Delevoye has more than 25 years of experience in advising entrepreneurs, supporting start-ups and scale-ups for their business strategies, paths to markets and the management of their portfolios of technologies, providing coaching and support services in terms of internationalisation, business development, investment readiness, innovation management and value chains.
Brooke Reavey is an Associate Professor of Marketing at the Brennan School of Business at Dominican University. She has won two national teaching innovation competitions. Dr. Reavey's academic work focuses on the intersection of digital marketing and market research, particularly in terms of data democratization and privacy.
Raluca Bunduchi is the Chair in Innovation at the University of Edinburgh Business School in the UK. Her research interests include: trust and transaction costs in electronic markets, institutionalisation processes in technology standardisation, the costs and benefits associated with process innovation, legitimation strategies for innovation, tensions in digital transformation, and approaches to innovation in digital firms.
The professional experience of Anca Rarău (Brandocracy) spans over 20 years in the fields of brand positioning, strategic and operational marketing, customer experience, employer branding, research, and public relations. She has coordinated and implemented remarkable projects both as a manager in large companies and as an entrepreneur.
Georgiana Iancu (Brandocracy) has been working in marketing and management since 2006. During all this time she has coordinated projects regarding employer branding, strategic and operational marketing, corporate communication, CSR, organizational development, and M&A communication.
Dan Deheneș (Executive Director Kaufland Romania & Moldova) has extensive experience in the retail industry. He graduated from the Executive Education program "Innovation & Leadership," organized by UBB FSEGA and UNC Kenan-Flagler Business School, University of North Carolina, Chapel Hill.
Idea Competition
The event will provide students with the opportunity to present their business ideas to a jury composed of a group of mentors. The most interesting ideas will be selected to be part of the UBB Student i-Lab incubation program.
October 2024
The competition is open to all UBB students who have a business idea they wish to test and validate with the help of top experts in the field, as part of the "Incubation Program." Students can enter the competition either individually or alongside colleagues with whom they know they can form a creative, dynamic team eager to experiment with new things.
Each person/team will have 5 minutes to present the problem they wish to solve, the solution (product/service) they consider viable to address that problem, and their motivation for developing the business concept. To facilitate the presentation of the idea, the use of multimedia support (e.g., PowerPoint) is recommended, and the presentation can be delivered either in English or Romanian.
To register for the Idea Competition, please fill out the
The deadline for registration is 27.10.2024, at 23.59.
Incubation Program
The incubation program aims to provide specialized support to students who have business concepts with potential for development in the Romanian market.,an event scheduled to take place at the beginning of each semester. The selected teams will have access to a set of modules designed to help them develop a feasible business model and provide specialized support.
October 2024
Module 1.
Start-up mindset
- Start-up Mindset and the psychology of success
- Leveraging failure in successful businesses
- The importance of mindset in the entrepreneurial journey
Speaker: Alexandru Panait
Alexandru Panait, a renowned expert in cybersecurity and blockchain technology, was featured in Forbes 30 under 30 for his contributions in identifying cybersecurity vulnerabilities. He is also the founder of the Gov-Smart platform, which brings innovative solutions to the field of public administration.
November 2024
Module 2.
Lean Start-up
- Understanding the defining a successful Start-Up
- Testing, validating and updating the business concept
- Customer Discovery
Speaker: David Mammano
David Mammano has founded seven companies and has drawn upon these experiences to instill courage in those who view entrepreneurship as the pathway to achieving their dreams. He has won the Inc. Magazine 5000 Growth Company award three times. He is a TEDx Speaker, a professor at the University of Rochester, and an author of books on entrepreneurship and strategic planning. He graduated from the University at Buffalo and the MIT Entrepreneurial Master's Program, a program focused on entrepreneurial development. He is a member of the Board of Directors of the Western NY Make-A-Wish Foundation and a local member of the Junior Achievement council.
Module 3.
Value Proposition Design
– Developing unique and appealing value propositions
–Acquiring practical skills to transform and enhance the value offered by products or services developed by participants in the incubation program
–Outlining a business strategy with impact
Speaker: David Mammano
David Mammano has founded seven companies and has drawn upon these experiences to instill courage in those who view entrepreneurship as the pathway to achieving their dreams. He has won the Inc. Magazine 5000 Growth Company award three times. He is a TEDx Speaker, a professor at the University of Rochester, and an author of books on entrepreneurship and strategic planning. He graduated from the University at Buffalo and the MIT Entrepreneurial Master's Program, a program focused on entrepreneurial development. He is a member of the Board of Directors of the Western NY Make-A-Wish Foundation and a local member of the Junior Achievement council.
Module 4.
Entrepreneurial Team Management
– Profiles that align with business models
– Challenges in Entrepreneurial Management
– Internationalization
– Partnerships
Speaker: David Mammano
David Mammano has founded seven companies and has drawn upon these experiences to instill courage in those who view entrepreneurship as the pathway to achieving their dreams. He has won the Inc. Magazine 5000 Growth Company award three times. He is a TEDx Speaker, a professor at the University of Rochester, and an author of books on entrepreneurship and strategic planning. He graduated from the University at Buffalo and the MIT Entrepreneurial Master's Program, a program focused on entrepreneurial development. He is a member of the Board of Directors of the Western NY Make-A-Wish Foundation and a local member of the Junior Achievement council.
Module 5.
Business Modeling and Financing
– Challenges in Entrepreneurial Management
– Financial Business Models
– Budgeting and Financial Forecasting
Speaker: Alexandra Muțiu
Alexandra Muțiu is Vice-Rector of Babeș-Bolyai University, playing a strategic role in the university's leadership with key responsibilities related to Human Resources, Alumni, Career Development, and Student Counseling. She is a highly experienced professional, recognized for her exceptional skills in teaching Managerial Accounting and Controlling, at both undergraduate and graduate levels, as well as in MBA and executive programs. With extensive teaching experience and a wealth of knowledge gained both at Babeș-Bolyai University and as a visiting professor at foreign universities, Alexandra Muțiu offers students the opportunity to learn through the case study method. She firmly believes that the first step to success is having a winner's mindset, a principle she shares with passion and determination.
Module 6.
Entrepreneurial Marketing
- Marketing in Entrepreneurship
– Bootstrap Marketing
– Social Marketing
Speaker: Georgiana Iancu
Georgiana Iancu (Brandocracy) has been working in marketing and management since 2006. During all this time she has coordinated projects regarding employer branding, strategic and operational marketing, corporate communication, CSR, organizational development, and M&A communication.
December 2024
Module 7.
Proprietatea Intelectuală
– What You Need to Know About Intellectual Property
– Value Creation and the Role of the MVP in the Process
Speaker: Catherine Delevoye
Catherine Delevoye has more than 25 years of experience in advising entrepreneurs, supporting start-ups and scale-ups for their business strategies, paths to markets and the management of their portfolios of technologies, providing coaching and support services in terms of internationalisation, business development, investment readiness, innovation management and value chains.
She has been supporting companies in their international development in Europe, North America, India, Africa and the Middle East, providing tailored legal advice and expertise for their technology development, partnering and business modelling activities. She is working with innovative companies at all stages, from idea maturation to international growth, and supports entrepreneurs in their business and legal matters, from intellectual property management to agreements with clients, partners and investors worldwide
Module 8.
Scalability and Go to Market Strategy
– Creating the Value Chain
– Scaling-up
Speaker: Catherine Delevoye
Catherine Delevoye has more than 25 years of experience in advising entrepreneurs, supporting start-ups and scale-ups for their business strategies, paths to markets and the management of their portfolios of technologies, providing coaching and support services in terms of internationalisation, business development, investment readiness, innovation management and value chains.
She has been supporting companies in their international development in Europe, North America, India, Africa and the Middle East, providing tailored legal advice and expertise for their technology development, partnering and business modelling activities. She is working with innovative companies at all stages, from idea maturation to international growth, and supports entrepreneurs in their business and legal matters, from intellectual property management to agreements with clients, partners and investors worldwide
Module 9.
Partnerships and Internationalization of the Business
– Funding Options
– Internationalization: A Source of Competitive Advantage
– The art of partnerships
Speaker: Catherine Delevoye
Catherine Delevoye has more than 25 years of experience in advising entrepreneurs, supporting start-ups and scale-ups for their business strategies, paths to markets and the management of their portfolios of technologies, providing coaching and support services in terms of internationalisation, business development, investment readiness, innovation management and value chains.
She has been supporting companies in their international development in Europe, North America, India, Africa and the Middle East, providing tailored legal advice and expertise for their technology development, partnering and business modelling activities. She is working with innovative companies at all stages, from idea maturation to international growth, and supports entrepreneurs in their business and legal matters, from intellectual property management to agreements with clients, partners and investors worldwide
Module 10.
Pitching & Storytelling
– How to Make an Impactful Pitch
– How to Structure a Pitch Based on Your Target Audience
Speaker: Daniel Druhora
Daniel Druhora is a filmmaker, professor, and innovation leader of Romanian-American origin, recognized for his Emmy Award-winning documentary Lives Not Grades and other notable works such as Cloudwalkers and Long Distance Swimmer. He studied International Relations at the University of Washington and earned an MFA in Film and Television Production from the School of Cinematic Arts at the University of Southern California.
As the Director of the Grand Challenges Innovation Lab at USC, Daniel coordinates innovation and entrepreneurship initiatives, promoting solutions that address global problems. In addition to his contributions to education and filmmaking, Daniel is involved with the USC ReWater Center, working with students to actively address the water crisis. His current projects include Elie’s Overcoat, a feature film set to be filmed in Romania.
Demo Day
The event provides future successful businesses developed within the incubation programs with the opportunity to be validated in front of a jury consisting of mentors and investors. It will offer the winners the opportunity to obtain funding and support from partner accelerators, and the most promising and elaborated concepts with potential for real-market development will be awarded.
The awards will consist of goods, money, and specialized support to ensure the continuity of the business concepts.
* Please have a look of the calendar to have an overview when the events will happen.
12 Decembrie 2024
Beneficiaries of the incubation program will have the chance to validate their business concept in front of experienced entrepreneurs and instructors, both locally and internationally. Each concept will be showcased within a precise 5-minute timeframe and should emphasize highlight the proposed value, persona, competitive advantage, an estimated budget of targeted revenues and expenses, and future strategies. It is recommended that the pitch be delivered in English,, given that the jury will include specialists from Romania and abroad.
The registration form is available HERE (You will also find the template that must be used for the pitch)
Daniel Druhora , a filmmaker, professor, and leader in innovation of Romanian-American descent, is recognized for his Emmy Award-winning documentary “Lives Not Grades” and other notable works such as “Cloudwalkers” and “Long Distance Swimmer.” He studied international relations at the University of Washington and earned an MFA in film and television production from the School of Cinematic Arts at the University of Southern California.
As the Director of the Grand Challenges Innovation Lab at USC, Daniel coordinates innovation and entrepreneurship initiatives, promoting solutions that address global problems. In addition to his contributions to education and filmmaking, Daniel is involved with the USC ReWater Center, working with students to actively address the water crisis.
Jeff Sevage Ph.D., is Executive Director of the Faber Entrepreneurship Center at Moore School, USA, has focused his research on identifying best practices for commercializing science-based innovations, effective patenting strategies, and developing entrepreneurial and innovation-based ecosystems. For 10 years, Mr. Savage has provided consulting to academic and scientific startups, serving as a faculty mentor in the NSF's I-Corps program. He collaborates with Savannah River National Laboratories and is a faculty advisor for the Gamecock Consulting Club.
Dan Dehenes (Executive Director Kaufland Romania & Moldova) has extensive experience in the retail industry. He graduated from the Executive Education program "Innovation & Leadership," organized by UBB FSEGA and UNC Kenan-Flagler Business School, University of North Carolina, Chapel Hill.
Calendar – 2024-2025
Module 1.
Start-up mindset
- Start-up Mindset and the psychology of success
- Leveraging failure in successful businesses
- The importance of mindset in the entrepreneurial journey
Module 2.
Lean Start-up
- Understanding the defining a successful Start-Up
- Testing, validating and updating the business concept
- Customer Discovery
Module 3.
Problem analysis
- Design Thinking
Developing Creative Skills in a Collaborative Environment
- Innovation and intellectual property
Module 4.
Value proposition design
– Product Market Fit
Customizing practical solutions adapted to customer expectation
- Structuring Value Proposition
Module 5.
Business Modeling and Financing
- Choosing the right business model
Sustainability of the Business Model
- Financing Solutions
Module 6
Go to Market Strategy
Strategic business planning
Competitive advantage relative to the needs and issues of the target segment
- Marketing tools and strategies
Module 7.
Scaling strategies
- Strategic planning for sustainable growth
- Challenges and solutions in the scaling phase of the business
Pitching
Pe parcursul modulelor participanții vor avea posibilitatea învăța ce presupune pregătirea unui Pitch în funcție de target, respectiv vor avea posibilitatea de a-și dezvolta abilitățile de public speaking.