Another competition for startups has begun accepting applications! This time a big prize pool and many interesting opportunities for the development of your projects in the global market!

The success of the previous BITs is connected with the fact that this competition allowed to unite students and employees of leading technical universities, scientific organizations and business schools to bring innovative ideas to the market.
The first BIT competition was organized with the support of MIT Russia Business and Technology
Initiative in 2003 on the basis of leading technical and economic Russian universities: the Highest
School of Economics, Moscow Institute of Physics and Technology and the Financial Academy at
Government of the Russian Federation.
Now BIT - federal competition. In the season 2010-2011. in the framework of the BIT
“subsidiary” competitions HSE 10K (SU-HSE), BIT-Siberia, BIT-North-West, BIT-Volga,
BIT-Far East, BIT-Ural, BIT-South, BIT-Baikal and BIT-Kazakhstan. Any member can
apply as in "your" regional / university, and in the all-Russian BIT.
The BIT Supervisory Board includes representatives of the main sponsors of the competition, leaders
of the Russian innovation community, as well as the winners of the BIT previous competition
seasons that form the BIT Winners Club. Chairman of the Supervisory Board
Since December 2010, BIT has become Richard Kivel - President of the MIT Enterprise Forum.
Participating in a BIT is honorable and helpful.
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The goal of the BIT competition is to initiate the creation of new technology companies
their investment attractiveness, to bring to the Russian and international venture capital
markets and promote the development of a culture of entrepreneurship in the Russian sector of high
tech.
The prize fund of the BIT-2011 is 5 million rubles (including prize money).
funds of regional competitions BIT). In addition to money, the prize fund of the competition is filled
non-monetary rewards and prizes, in particular, the opportunity to participate in
International Business Plan Competitions IBTEC (Berkeley, California) and MassChallenge (Boston,
Massachusetts).
As part of the BIT, an educational program is conducted that allows participants
gain the necessary skills to create a successful business, as well as activities for
team building (team building), allowing entrepreneurs to find useful
team members.
However, the main thing in the BIT, as in the Olympic movement, is not a victory, but participation, an opportunity
join the entrepreneurial ecosystem. By participating in the competition, each team will be able to
acquire innovative and entrepreneurial skills, get competent feedback
communication from project mentors and judges of the competition, as well as to “light up” before potential
investors (the BIT judiciary includes representatives of the Russian and American
communities of venture investors, business angels and entrepreneurs). The benefits of this will be
undoubted. Well, if you win ...
How to become a member of BIT-2011
To participate in the competition, you must register on the official website of the competition BIT
www.bit-konkurs.ru and fill out a preliminary application there.