Turning Students' Ideas into Business Plans

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Turning Students' Ideas into Business Plans

Turning Students' Ideas into Business Plans

BSNRU has launched a program aiming to take ideas from inventive students, and get them 'market ready'.

An accelerated program for preparing original projects for the market was launched as a competition, in partnership with 'Biryuch-NT', the R&D subsidiary of the 'EFKO' food company. Nine projects were selected for the contest. Alexander Kolbas, the Deputy General Director for Development at 'Biryuch-NT' said that the main aim of the program was to answer the question of how one turns an innovative project into a successful business in the conditions particular to an academic environment.

In just three weeks, the projects will be intensively developed and converted from theories into market-ready business plans. The business plans will be presented at the Third University Youth Forum 'SCO-2018' (Shanghai Cooperation Organisation). Winning projects will be considered as potential participants in the upcoming 'Russian-Uzbek Business Incubator'.

Information provided by A. Zhikharev Translated by I P Turner, Centre for Foreign Languages and Academic Mobility

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