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Last week, ITMO University’s Entrepreneurship Center hosted a Demo Day, marking the conclusion of the SumIT international summer school for startups. Over the course of two weeks, promising entrepreneurs from Russia, Croatia, and Cameroon received intensive training in customer development, business process modelling, marketing and PR, met with leading entrepreneurs and business experts, participated in workshops, and prepared to showcase their startups to a wider audience. The Demo Day saw the summer school participants present their projects to guests and judges.
ITMO University’s Entrepreneurship Center has recently launched SumIT, an international summer school for startup projects. Promising young entrepreneurs from Russia and all over the world came to St. Petersburg to boost their skills and gain new experiences at the two-week acceleration program. ITMO.NEWS met the program participants to find out more about their projects.
Sixteen years ago, Dave Vasquez first came to Russia from Columbia to study Russian language and literature. Since then, he has succeeded in launching several independent projects, participated in accelerators in Moscow and St. Petersburg, graduated from a Master's program in Barcelona and worked some time with American startups. Now, Dave is living in St. Petersburg and helps novice entrepreneurs develop their businesses. In an interview for ITMO.NEWS, he shared about what you should know before starting a business, how to build a startup ecosystem in such a big country as Russia and why it's best to teach entrepreneurship starting with children at elementary school.
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.