Venturing Research Challenge

Students, Entrepreneurs and Researchers

Sowing the Seeds of High-Tech Startups

Venturing Research Challenge provides a pathway for commercializing research by bringing together researchers and entrepreneurial minds in a fast-track business bootcamp. Students, researchers, and entrepreneurs work together to build new solutions and products, and the best ones can continue on to be a part of successful high-tech startups if they find a suitable team.

CHT & Tellus Innovation Arena

Venturing Research Challenge

World-class research, tight collaboration between different fields combined with brave entrepreneurial minds is the foundation to new success stories, and Oulu has all the ingredients for it.

Entrepreneurial minds: Students, Researchers and Entrepreneurs

We are looking for fearless changemakers; Researchers, Entrepreneurs, Students and anyone who is willing to break the status quo in this 4-day event at the University of Oulu. We offer the coworking space, mentoring, networking, inspiration and the chance to showcase your talents and food to keep you nourished. We will also offer coaching sessions for researchers that want to pitch their ideas.

For best results we provide great mentors helping to facilitate idea development and use business models for innovating. A prize will be awarded to the best team to take their idea to the next level.

A chance to quickly test new commercialization opportunities for your research. Also you can find people who can help you turn your research into products and a business. Winning team gets great prizes and participation in VRC helps improve funding applications.

Chance to find a fantastic business opportunity and team to build something new with. Learn entrepreneurial skills and get great new contacts. Winning team gets great prizes to keep pursuing their venture.

In a nutshell

What: Venturing Research Challenge for turning research into business

When: 08.11. - 10.11.2017 starting at 13:00

Where: University of Oulu, Tellus Innovation Arena

Why: Amazing chance to build novel solutions based on cutting edge research and discover something new, learn new skills and get useful connections. If all goes well, join a new startup. Also great prizes for the best team!

To whom: Researchers, students from different fields, entrepreneurs and all innovative people who want to make a change are welcome.

Cost: free

Join: Fill in here

Additionally: This program is part of the Avanto Accelerator program. Continuing with the program means you can get 5 ECTS.

For more information: and

Event Schedule

Wed 08.11.2017

13:00 Welcome & Introduction

13:05 Keynote

13:15 Researcher’s Pitches

Coffee & Snacks


Team formation

15:00 Task introduction

15:30 Teams working independently

Thu 09.11.2017

11:00 Check-in with all teams

11:15 Validation workshop

14:15-17:00 Mentor meetings

Fri 10.11.2017

13:00 Wrap-up

13:15 Final Pitches (5min each)

Coffee & Snacks

14:30 Networking

Past Research Cases

Giga Bit Wall
A smart furniture product, targets people who are active and have high requirements for fast wireless mobile connection. The product offers physically controlled wireless coverage with fast data speed. We seek fresh ideas and active students to optimize the product concept with us.

A Perfect Mouth
-New business from novel caries detection technology, CADE Researchers are creating a device for early dental caries detection with a spectroscopic method rarely used in healthcare before. By making early detection precise and easy, this technology can help in prescribing preventive measures and save teeth!

Smart Sensors
-The researchers have developed smartphone sensor interface which can turn smartphones into a measurement instrument which allows users to analyse their surrounding environment in new ways and dimensions. For instance, a temperature sensor, humidity sensor and oxygen sensor can be used for measuring the indoor air quality on a smartphone. The data is visualized and can be processed further by mobile applications running on the smartphone.

And many more!

Mentors and Judges

Ari Takanen

Infosec Specialist & Startup Advisor

Sami Niemelä

Business developer

Janne Mustonen

ICT Business Expert

Mats Kyyrö

Design Sprint Facilitator

Ville Heikkinen


Maritta Perälä-Heape

Director of CHT

Maarit Jokela

Innovation Expert

Steven Balliano

Lean Validation Guru

Sakari Sipola

Post Doc Startup Expert

Pekka Räsänen

Innovation Expert

Our Partners