The Higher School of Economics is continuing through May its Iron-Clad Entrepreneur business game. The event offers participants a ‘self-test’ for entrepreneurship skills, training in how to present a project to investors, and an opportunity to start real business projects.
The game began last October and continues through May. Moscow, Perm, Nizhny Novgorod, St. Petersburg, Kiev, Rostov-on-Don, Karaganda, Novosibirsk, Samara and other Russian and CIS cities host the event. The business game is open for all who wish.
Iron-Clad Entrepreneur offers a chance to take just half a day to:
- try an ‘entrepreneur suit’ on—and no risk involved;
- get to know interesting people;
- improve your teambuilding skills, learn how to present projects to investors, and get trained in other important things.
Participants are brought together in teams of four-to-five people and asked to develop a business idea that utilizes innovative technology. Each team is expected to suggest as many applications for a specific technology as possible, and then pick what the team thinks is the most commercially viable use. Upon choosing one the participants develop a business model, evaluate a prospective market, identify customers, determine product promotion strategies, and prepare a PowerPoint presentation. They are only given one hour to cope with the task! Then each team takes turns and presents its business ideas in a three-minute elevator pitch format to an expert panel that picks the best groups. The first winner goes to the final lap.