{"id":51403,"date":"2025-11-14T16:03:07","date_gmt":"2025-11-14T14:03:07","guid":{"rendered":"https:\/\/www.tktk.ee\/uudised\/new-business-lab-in-laane-virumaa-offers-hands-on-entrepreneurial-experience\/"},"modified":"2026-01-20T16:59:00","modified_gmt":"2026-01-20T14:59:00","slug":"new-business-lab-in-laane-virumaa-offers-hands-on-entrepreneurial-experience","status":"publish","type":"uudised","link":"https:\/\/www.tktk.ee\/en\/news\/new-business-lab-in-laane-virumaa-offers-hands-on-entrepreneurial-experience\/","title":{"rendered":"New business lab in L\u00e4\u00e4ne-Virumaa offers hands-on entrepreneurial experience"},"content":{"rendered":"\n<p><\/p>\n\n\n\n<p><strong>TTK University of Applied Sciences opened a new business lab at its Service Economy Institute in M\u00f5driku, L\u00e4\u00e4ne-Virumaa. The lab will provide students with the opportunity to take part in business simulations and gain practical, real-world business experience as an integral part of their studies.<\/strong><\/p>\n\n\n\n<p>\u201cThis interactive learning environment brings theory and practice together, allowing students to experiment with entrepreneurial decision-making in a safe yet realistic setting,\u201d said Kati Kukk, Director of the Service Economy Institute at TTK University of Applied Sciences.<\/p>\n\n\n\n<p>According to Kukk, the business lab enables students to think and act like entrepreneurs by making strategic decisions, analysing market conditions and managing teams. \u201cThis kind of hands-on experience creates a strong link between academic studies and the real business world.\u201d<\/p>\n\n\n\n<p>\u201cOur goal is for the business lab to become a meeting place for education, entrepreneurship and innovation,\u201d Kukk added. \u201cIt is a platform where students and companies can test new ideas and see how data-driven thinking and simulations support smarter decision-making.\u201d<\/p>\n\n\n\n<p>The lab uses virtual business simulations and digital twin solutions to offer a comprehensive overview of business processes \u2014 from accounting and financial analysis to strategic planning and risk management. These simulations help develop students\u2019 decision-making skills, entrepreneurial competences and teamwork abilities.<\/p>\n\n\n\n<p>The business lab can accommodate up to 24 participants, and its flexible layout supports a wide range of collaborative learning formats. In addition to students, the lab is also available for rent by companies and other organisations for meetings and training sessions, or for tailored professional development programmes delivered by TTK University of Applied Sciences.<\/p>\n\n\n\n<p>View photos of the business lab <a href=\"https:\/\/drive.google.com\/drive\/folders\/1rEgLuCKDRBdO0YpWlrXjid_cX7QYFiGT?usp=sharing\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a>. Photos: Jaana Siik.<\/p>\n\n\n    <div class=\"nbl-contacts-container nbl-card-layout\">\n\t\t\t\t\t<div class=\"nbl-contact-card\">\n\t\t\t\t\t\t\t\t\t<div class=\"contact-visual contact-cards-upper-line \"><\/div>\n\t\t\t\t\t\t\t\t<div class=\"main\">\n\t\t\t\t\t\n\t\t\t\t\t<div class=\"col\">\n\t\t\t\t\t\t<span class=\"contacts-name\">Hanna-Christine Rotmeister<\/span>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<div class=\"col\">\n\t\t\t\t\t\t<span class=\"margin-bottom-after-occupation\">Leading Communications Specialist<\/span>\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<div class=\"col\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span>\n\t\t\t\t\t\t\t\t\t<div class=\"i-wrap\">\n\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"\/wp-content\/uploads\/2022\/08\/Icon-ionic-md-mail-open.svg\" alt=\"Email\" aria-hidden=\"true\"\/>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<a href=\"mailto:hanna.rotmeister@tktk.ee\">hanna.rotmeister@tktk.ee<\/a>\n\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span>\n\t\t\t\t\t\t\t\t<div class=\"i-wrap\">\n\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"\/wp-content\/uploads\/2022\/08\/Icon-awesome-phone-alt.svg\" alt=\"Phone\" aria-hidden=\"true\"\/>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t5664 3402\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span>\n\t\t\t\t\t\t\t\t<div class=\"i-wrap\">\n\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"\/wp-content\/uploads\/2022\/08\/Icon-material-room.svg\" alt=\"Location\" aria-hidden=\"true\"\/>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\tTLN-A104\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\n\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t<\/div>\n\t\t    <\/div>\n","protected":false},"featured_media":51402,"template":"","nd_news_cat":[1902,1909],"uudiste_rubriigid":[],"uudiste_sildid":[],"class_list":["post-51403","uudised","type-uudised","status-publish","has-post-thumbnail","hentry","nd_news_cat-news","nd_news_cat-service-economy"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>New business lab in L\u00e4\u00e4ne-Virumaa offers hands-on entrepreneurial experience - Tallinna Tehnikak\u00f5rgkool<\/title>\n<meta name=\"description\" content=\"TTK University of Applied Sciences opened a new business lab at its Service Economy Institute in M\u00f5driku, L\u00e4\u00e4ne-Virumaa. The lab will provide students with the opportunity to take part in business simulations and gain practical, real-world business experience as an integral part of their studies.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.tktk.ee\/en\/news\/new-business-lab-in-laane-virumaa-offers-hands-on-entrepreneurial-experience\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New business lab in L\u00e4\u00e4ne-Virumaa offers hands-on entrepreneurial experience - Tallinna Tehnikak\u00f5rgkool\" \/>\n<meta property=\"og:description\" content=\"TTK University of Applied Sciences opened a new business lab at its Service Economy Institute in M\u00f5driku, L\u00e4\u00e4ne-Virumaa. 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