The XAMK University Business Factory created multidisciplinary student teams to solve company product and service development challenges

Welcome to the XAMK Business Factory! We are grateful for the funding we have received from the Otsakorpi Foundation. The Business Factory helped companies find a student team to meet your R&D product or service development needs. Students were teamed up with interesting company projects that are integrated into their study program.

The XAMK Business Factory’s Goals

We aimed to pilot a multidisciplinary XAMK Business Factory learning environment. Companies had been invited to submit project challenges. Based on the company needs, we would strive to tailor a suitable student project team. The goal was to start 10 to 15 joint student-company project teams that operated either during Spring Semester 2020 or the Summer Factory in Summer 2020.

The students received mentoring and assistance from XAMK University and Business Factory staff to successfully complete their company project. Alternatively, students were also welcome to bring their own product & business ideas to the Business Factory, where we would help them gather a project team to boost forward their business. We also organized workshops and other training events that are open to companies, students and XAMK teaching staff participating in the Business Factory.

How the XAMK Business Factory Worked

We welcomed all companies to submit their student project challenges. Participation was free of charge for participating businesses.

The Business Factory company-student projects will be implemented, depending on the project, in one of the following 3 ways:

  1. Spring Semester 2020 Business Factory Projects. The Spring semester joint company-student R&D projects were included in broad 5 credit courses in January to early May 2020. This was especially applicable to projects with clear engineering student needs (energy tech, automation, logistics).
  2. Summer 2020 Business Factory. The Business Factory summer program run May to August, 2020. The participating companies project descriptions were announced to students in late February, and students were invited to apply for the projects teams. For students, the Summer Business Factory is equivalent to a company internship needed to complete studies.
  3. Business Factory Hackathons. Student-company hackathons are a great way to generate new business or service ideas and to think of new ways of doing things within organizations. Companies can submit a hackathon challenge and student teams use the two days (48 hours) to come up with suggestions & concepts. A winning concept model will be chosen for potential further development.

 

More info

Erna Gronow
Project Manager
+358 40 688 6919
erna.gronow@xamk.fi

 

 

Business Factory Summer Internship

XAMK Business Factory Summer Internships. Read more about the summer internship programs that were in SUMMER 2020!

Crisis Hack Kymenlaakso

Crisis Hack Kymenlaakso was an online hackathon that ran from 13th of May to 15th of May and brought the companies that partook heaps of new ideas and innovation. Check the event here!

Spring 2020 business cooperations are part of teaching

In spring business commissions were included into teaching. Business factor took part, for example in these projects:

A broad inquiry of logistics entrepreneurs considering the transition to carbon neutrality by logistic companies was carried out as part of the XAMK Kotka department of BBA logistics project course. The project was commissioned by FinnHub ry. 

Improving Stockfors Patruunantalo’s commercial business. Kasvajat ry is in charge of Patruunantalo and the goal is to improve business so that it would employ at Pyhtää. Two students of XAMK Kotka BHM carried out a broad explanation and a development plan for housing and restaurant business as well as ancillary services as part of a course project.

The XAMK Strategic Sales and Marketing course business case for 31 students was the development of the international marketing for Colombier oy, Pyhtää. The students split into teams and then presented different marketing and sales division development plans. 

Stiia Solutions Oy, Kotka commissioned a marketing development project for their new daughter company. 32 marketing and graphic design students from XAMK Kouvola presented in teams how Stiia Solutions could develop their online business as well as sales. 

Metsäkulman kyläyhdistys ry wanted to claim the old school of Haminas Metsäkulma considering ia. small entrepreneurship. The properties’ costs wanted to be mapped with an energy report that was contucted by two XAMK energy technology students.

Redstone Aero Oy and Pyhtää airport drone business report. XAMK logistics engineering student Miska Kilpinen was selected to carry out a report of low carbon drone business requirements at Pyhtää airport as a thesis. Miska also held a workshop at Pyhtää airport in August 2020 for people in the aviation industry. 

 

Facts

XAMK Business Factory (Yritysverstas) as a Learning Environment

01.08.2019 - 31.08.2020

Implementers

Administrator: South-Eastern Finland University of Applied Sciences, Xamk

Fields of expertise: Digital economy

Budget

Total budget: 43 400 €

Financiers and main source of funding: Mainly funded by the Otsakorpi Foundation