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This summer, ITMO University’s Business Incubator hosted the eight-week program MIT Global Startup Labs by the Massachusetts Institute of Technology. Over the two months, 29 students and graduates from Moscow, St. Petersburg and Irkutsk, with the help of curators from MIT, assembled into teams, developed prototypes of mobile apps and presented their marketing strategy. In August, teams presented their prototypes to potential investors. One of the teams was the startup d notation – a project that is developing an application for musicians that lets them easily write down notation. Andrey Bayadzhan, the startup’s CEO, spoke to ITMO.NEWS about releasing the project and how digital devices are used in musical education today.
The SumIT Startup School and the MIT Global Startup Labs acceleration programs have both come to a close at ITMO University. Young entrepreneurs from Russia and South Korea have received feedback from an expert board of staff from MIT and ITMO University’s business incubator. Their ideas were presented to potential investors during the DemoDay closing event on August 10.
On July 31, ITMO University’s business incubator launched the International SumIT Summer School. This year the acceleration program will welcome young entrepreneurs from South Korea. Three startups, each supervised by a Russian mentor, will work and study here for two weeks. ITMO.NEWS explains what sort of a program the business incubator has prepared for its Korean colleagues and what projects they have brought with them.
The eight-week MIT Global Startup Labs program, organized by the Massachusetts Institute of Technology, was launched in June at ITMO University’s business incubator. 29 students and graduates from St. Petersburg, Moscow and Irkutsk, supervised by mentors from MIT and Sloan School of Management, are given two months to assemble a team, present a prototype of a new mobile application and to develop its marketing strategy. In August the participants will present final prototypes to potential investors. ITMO.NEWS describes the apps that very soon might be a part of your mobile experience.
MIT Global Startup Labs program started off in the Business Incubator of ITMO University in June. The program goes on for eight weeks and is organized by Massachusetts Institute of Technology. Starting from the year 2000, a similar MIT GSL program has been carried out in 14 countries, altogether 59 times. This summer marks the first time that the program is conducted in Russia. The goal for the students from St. Petersburg, Moscow and Irkutsk is to gather their teams and to come up with a prototype for a mobile application and a marketing strategy with the help of curators from MIT and Sloan School of Management.