24 June 2025
YUFE Ideas Lab Concludes in Madrid, Championing a New Wave of European Student Entrepreneurs
Madrid, Spain – The Young Universities for the Future of Europe (YUFE) Alliance has successfully concluded its YUFE Ideas Lab, a six-month international incubation program designed to foster innovation and entrepreneurship among students. The comprehensive hybrid program, which ran from January to June 2025, culminated in an intensive five-day onsite event in Madrid from June 2nd to 6th, hosted by the Universidad Carlos III de Madrid (UC3M).
The program brought together a diverse cohort of 26 undergraduate, Master’s, and PhD students from across the YUFE Alliance, with 40% female participation. Participants included 21 students from partner universities: University of Eastern Finland, University of Cyprus, Sorbonne Nouvelle University, University of Rijeka, Maastricht University, and University of Bremen, and 5 students from the host institution, UC3M. They developed innovative projects in critical sectors, including health, sustainability, and AI.
A Foundation of Online Learning
Before arriving in Madrid, the student entrepreneurs engaged in a mandatory five-month online capacity-building phase from January to May. This foundational stage adopted a “learning-by-doing” approach, pairing two-hour training sessions with follow-up mentoring sessions to ensure progress and collaborative feedback. The curriculum covered essential topics including:
- Creativity – Design Thinking
- Business Model Definition
- Communication and Pitching Skills
- Prototype and MVP Development
- Financials
This initial phase was critical for equipping students with a clear project roadmap, allowing them to maximize the value of the final onsite week.
Intensive Onsite Week: Training, Networking, and Immersion
The final week in Madrid provided an invaluable experience, combining advanced training with unparalleled networking opportunities. The week kicked off at the UC3M Getafe Campus with a welcome from Carolina Marugán, Vice-Rector of Internationalization at UC3M. Participants immediately dove into workshops on funding strategies, legal frameworks for startups, leadership, and pitch refinement led by expert trainers David Hernández, Mónica Casanova, and Nacho Sánchez.
A major highlight of the week was a two-day immersion in the South Summit in Madrid. This gave participants direct exposure to one of Europe’s leading innovation and entrepreneurship events, allowing them to connect with startups, investors, and corporations from around the world and gather crucial feedback for their own ventures.
Pitches, Prizes, and a Promising Future
The program culminated on the final day with a Demoday event at the UC3M Getafe Campus. Here, students pitched their refined business ideas to an audience, showcasing the significant progress made throughout the program.
An awards ceremony recognized the most promising ideas presented:
- Social Impact Prize: Earth Guardian (a gamified marketplace for social impact initiatives), by Frederik Frieg (Maastricht University) and Ainhoa Xiomara (UC3M).
- Innovation Prize: Neura Sun (an AI-powered platform for solar panel energy production optimization), by Alejandro Ausina (UC3M).
- Best Startup Idea: Oncosense (an early cancer detection system using Machine Learning), by Gaukhar Mukash and Nathaniel Tetteh (University of Eastern Finland).
The YUFE Ideas Lab proved to be a highly effective model for transforming nascent ideas into viable projects. By combining structured online learning with an immersive onsite experience, the program successfully equipped participants with tangible skills, helped them build a strong international network, and allowed them to validate their ideas within a broader entrepreneurial community. The initiative stands as a testament to the YUFE Alliance’s commitment to strengthening European collaboration and empowering the next generation of innovators.
