Zum Hauptinhalt springen
TU Graz/ Studying and Teaching/ Studying at TU Graz/ Students/ Student Teams/

Product Innovation

Enough of theory? In the "Product Innovation" project, teams of innovation-hungry students from a wide variety of fields of study and nationalities take on a real challenge from industry partners. The aim is to develop a product concept, a functioning prototype and a business plan, ultimately presenting them to a broad audience from industry and research during a final event.

A project budget of up to €10,000 is available in order to be able to produce the best solutions. The students benefit from a perfect infrastructure in the rooms of the Schumpeter Laboratory for Innovation. Digital production machines for prototyping, meeting rooms with the latest conference equipment and a design lab with state-of-the-art communication and media technology provide the optimal support for this project.

Product Innovation - more than just a university course! Use the opportunity to be curious and inquisitive, to work in interdisciplinary teams with people from all over the world and gain first-hand experience in product development.


  • Name: Product Innovation (PI)  
  • Tasks: Internationally-oriented innovation project on solving real-life challenges from industry
  • Address:
    IIM Institute - Schumpeter Laboratory of Innovation
    Inffeldgasse 11/III
    8010 Graz  
  • Contact:
  • Target group: interested and motivated students of all fields and disciplines

Students go through all phases of an innovation process and benefit from professional advice, a generous budget and the state-of-the-art infrastructure on site.

Services for Students

  • Professional Coaches: Mentors from industry and research share their knowledge about innovation and project management, design thinking and team building
  • Access to the modern Schumpeter Laboratory for Innovation and thus to digital production machines (3D printers, waterjet cutters, laser cutters) and state-of-the-art presentation infrastructure (30 m2 LED wall, video conferencing systems, 7.1. sound system)
  • Final presentation of the results to an audience from industry and research
  • 5 ECTS credits
  • Possibility of getting certificates (part of the TU Entrepreneurship Certificate)
  • Establishment of private and business networks


  • Over 15 years of experience with more than 50 projects and over 34 industrial partners
  • More than 500 students from over 50 nations, 40 universities
  • Multiple patent applications
  • Numerous job offers from the partner companies to students from the project teams
  • increasing popularity with both industry and students
  • Cooperation with international companies such as Google, University of Oxford, Magna, Andritz, Porsche Holding, Orasis Industries, Palfinger, Fronius, AVL, and many more
  • Cooperation with international universities, including Pace University of New York, University of Maribor and Alto University Finland


Product Innovation - more than just a university course! Take the opportunity to be curious and gain first-hand experience in product development. Apply now!