info sheet - UCLA Eureca Program


info sheet - UCLA Eureca Program
DUE: MAY 31, 2015
The UCLA EURECA program sends student startup teams each summer to
participate in the SumIT Startup Marathon in St. Petersburg, Russia.
Hosted by 5-time winner of the ACM International Collegiate Programming
Contest and one of the top universities in Russia - St. Petersburg National
Research University of Information Technologies, Mechanics and Optics
Follows the Lean Startup method and includes seminars and working sessions
on technology entrepreneurship in general and as it is practiced in Russia.
During the program, teams also meet with consultants and mentors to develop
their business plan. The program concludes with a Demo Day, where teams
pitch their idea to venture capitalists with potential for future funding.
Up to two student startup teams can win funding from the UCLA EURECA
program to participate in this summer’s program. The UCLA teams will
participate for the last 3-4 weeks of the program, which is to be conducted in
English and Russian.
Who is eligible: current UCLA undergraduate and graduate students from all
majors and professional schools
Funding covers: travel, lodging and meal expenses for up to three team
When: mid-August to mid-September
*A UCLA Russian Flagship student will accompany the team during travel to
assist with translation, language and culture.
Past Teams
Travel Angel, Summer 2013.
A non-profit entrepreneurial project started in 2013 which
operates like a crowd funding platform for social
entrepreneurs to receive free or very low cost flights to test
their social good initiatives abroad.
Post-program: Travel Angel was recognized as a 2014
Dewey Winborne Community Service honoree at the South by Southwest Interactive Conference.
VuPad, Summer 2012.
This product will allow users to visualize interior design
arrangements in their home using a smartphone or tablet
device. Leveraging 3D augmented reality technology, the
system will seamlessly place a virtual model of selected
furnishings into a live video stream of the room as
captured by the device's built-in camera.
Post-program: vuPad joined the StartEngine accelerator
in 2013.
Student Feedback on the Program
“This whole trip to Russia was something very exciting and was a new experience for me. What I have
accomplished there is the development of friendships and connections with the startup community in
Russia, and development of our product.”
–CEO, vuPad
“The biggest benefit of SumIT to my team was meeting and learning about entrepreneurship in Russia,
getting mentorship to improve our business plan, and networking with potential customers and investors in
a very different culture.”
–CEO, Travel Angel
The EURECA Program is funded by the US-­‐Russia Founda<on.