Three roundtables in Moscow, Novosibirsk and St. Petersburg were carried out in the frame of the Biotechnology Entrepreneurial Competition (BEC) Program. The BEC Program is being supported by BioIndustry Initiatives Program (BII) of the U.S. State Department and the U.S. Civilian Research & Development Foundation (CRDF) and performed by Non Commercial Partnership TEMPO.
Representatives from academia and business, as well as postgraduates and PhD students have attended. The roundtables discussions allowed attendees to enhance the level of knowledge in scientific development’s commercialization, acquire practical skills in developing and writing a business plan and skills of communication with potential investors, as well as face-to-face meet with foreign and Russian experts in technology transfer. The dictinctive feature of the competition program is that MBA students and students of economic faculty, especially those who are interested in biotech area, were matched with researchers on writing a joint business plan.
Mr. Robert Rozenberg, the President of SMC, the large U.S. consulting company, and Dr. Eugene Zaitsev, the member of Amecian Business Association of Russian Expatriates (http://www.ambarclub.org/), a membership organization founded to foster entrepreneurship, and the Head of Asset Management Company, California, USA, have attended and made the presentations. Mr. Robert Rozenberg presented the peculiarities of setting up a new business, and Dr. Zaitsev gave a talk on venture capital and clued up the guidlines for writing a business plan and how to attract foreign investors to Russian biotech sector.