Sunday, June 4, 2023

Navarra University students create over 30 new business models during annual entrepreneurship competition

Navarra University students have created over 30 new business models during the latest edition of the Fast Track Entrepreneurship Competition. Organized by the Innovation Factory, the Academic Center for Innovation and Entrepreneurship, this initiative recognizes the work, development and innovation of the best business plans at two levels: Bachelor’s and Master’s degree. a smart device for monitoring sleep through aromatherapy; A software to turn homes into virtual reality and an application on religious tourism have been winning projects.

Somnium is classified first in grade teams. The project, which already has its prototype, is composed of Fausto Padilla (Audiovisual Communication), Juliana Mira Vélez (ADE + Innovation and Entrepreneurship), Amyra Fárez (double degree ADE + Law), Gonzalo Roca (Engineering in Industrial Technologies), and many others. , and María Paula Flores (Biochemistry + Science and Business Program).

The device is able to monitor sleep in a personalized way to offer recommendations and advice to optimize rest. Through aromatherapy, light therapy and sound therapy, the device adapts to each user’s sleep. The team is currently developing the possibility of introducing melatonin into the device to generate more benefits for users.

In turn, Higia, a solution to improve the well-being of workers in their companies, was another classified. Composed of Luis Miranda (Economy + Leadership and Governance Program), Victoria Chavero (Philosophy, Politics and Economy – PPE), Fernando Lima (Economy + Leadership and Governance Program) and Rocío Gutiérrez de Cábides (Design), the project involved a is a subscription system that provides companies with healthy meal plans to positively impact work-life balance and maximize their employees’ wages.

Visit to Israel, “The Startup Nation”

The Fast Track program for undergraduate students includes six months of work and theoretical-practical training in multidisciplinary teams from all faculties. Students receive ideas, creativity, canvas models, financial statements, business plans, communication or marketing sessions to be able to defend their entrepreneurial project in front of investors. The prize for these two teams includes participation in the Innovation Trip, an inspiration trip to Israel to visit its innovation centers, learn about the country’s entrepreneurial fabric, and get closer to the culture and local traditions of the “startup nation” is included.

In the case of the postgraduate competition held in Madrid, the prize was shared between two projects, RetailVR and Catrismo. Inmaculada from the Double Master in Architecture and Sustainability composed of Luz Muñoz, Manuel López and Teresa Terry; Rocío Rivero and Carmen Luna, with master’s degrees in Architecture; and Julie Chemutai, with a master’s degree in banking and financial regulation, Retail VR involves software that turns homes into virtual reality so companies can show their real estate properties to potential buyers or investors. This customized tool allows multiple configurations (decoration, delivery…), speeds up sales and minimizes financial risk.

Caturismo composed of María Esther Balcazar, Brenda Saravia and Brandum Herrera with a Master’s degree in Design of Buildings and Environmental Management; Josefina Brusadín, with a master’s degree in Christianity and Contemporary Culture; And Carmen Sobrini, with a Master’s degree in Industrial Engineering, presents an application that combines and expands all the information on religious tourism, with information verified geographically and by historians.

Nation World News Desk
Nation World News Desk
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