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Sarajevo Times > Blog > BUSINESS > Second Cycle of Bizoo Program Begins
BUSINESS

Second Cycle of Bizoo Program Begins

Published: February 23, 2014
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bizooAfter a successful completion of the first cycle and providing support for nine startups, BIZOO (Business Innovation Zoo) continues with its second cycle of work and counseling startup companies and entrepreneurs in B&H.

In the second cycle, BIZOO Program offers more concrete services for all entrepreneurs and startups who wish to create new businesses and new values of the IT and ICT sectors.

‘’In order to achieve the maximum in our market, we decided to expand the program and to offer additional services in addition to a business accelerator’’, said Selma Šehić, project manager of BIZOO.

BIZOO Program will have three phases in the second cycle. The first phase is BIZOO Fabric Idea, which is intended for all entrepreneurs who have a business idea as well as those who wish to learn about entrepreneurship. Through BIZOO Fabric Idea, the selected entrepreneurs will receive adequate training, and learn how to create a business model, validate their business ideas on the market, and examine the needs of customers/clients. All trainings are free.

The second phase of BIZOO program is a business accelerator that is designed for teams, startups and small and medium sized businesses that wish to receive concrete advice and tools, and all in the aim of improving business. BIZOO accelerator provides resources, mentors and access to the newest technologies for selected startups and companies. BIZOO accelerator is also free.

The third phase of the BIZOO network of businesses is angel-investors, formed by leading B&H entrepreneurs. Their goal is to discover and invest in new innovative companies with high potential. Startups and companies can introduce BIZOO networks of investors from the business accelerator as well as those who apply for a public tender, and which will be published once a year.

(Source: Fena)

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