Center for Entrepreneurship


About


Business and Technology University established the Center for Entrepreneurship in partnership with world’s leading Henley Center for Entrepreneurship. The center’s main goal is to make a sizable contribution to the development and internationalization of the Georgian entrepreneurship ecosystem. The center aims to do so by continuously conducting research in the field, initiating discussion among key actors in the ecosystem about the necessary improvements to legal frameworks, suggesting innovative solutions, projects etc. The establishment of the Center for Entrepreneurship is an important step in the development of Georgia's entrepreneurial ecosystem.


Partners of the Center:

  • Israeli Silicon Wadi

 


 

Teaching Entrepreneurship at BTU

All students at Business and Technology University start their academic career by learning the fundamentals of entrepreneurship. Specific courses are designed in a way that encourages students to create their own startups, pitch them on yearly demo days and participate in the incubation process. The aim of these courses is to give students basic knowledge about entrepreneurship, teach them the tools for ideation, business model creation etc. to ensure that they’re fully informed about all the steps necessary to launch a successful startup. 

The entrepreneurship course was created in partnership with Henley Business School. This allows students to have access to top class international resources. 

 



Practical Business Project

For graduating students, BTU has introduced a specially designed course - “Practical Business Project”. The objective of this course is to transfer all the theoretical knowledge students have received into practice, encouraging them to acquire new practical skills. In the context of this project, students choose an industry according to their interests and prepare a real business plan for a company in the given industry. Throughout the course, students will attend workshops in modules such as: business model generation, marketing, research, financial modeling, fundraising, pitch deck creation etc. Students will also have access to mentors from BTU’s partner organizations. 



Lecturers of our Entrepreneurship Courses: 

 

  • Tea Mkheidze
  • Giorgi Khatiashvili
  • Mako Kavtaradze
  • Ketevan Ebanoidze
  • Elene Zhvania
  • Lia Gubashvili
  • Tornike Jobava
  • Zurab Pertaia



Activities and Services of  Entrepreneurship Center

 

The BTU Center for Entrepreneurship offers free programs to startups throughout Georgia. Startup Bootcamps, trainings, workshops, hackathons, regional research, access to finance opportunities etc. represent only a few of the center’s activities. Each year, Center for Entrepreneurship hosts a Demo Day for startups, where teams have the opportunity to pitch in front of BTU’s partners and potential investors. Furthermore, to support their internationalization, beneficiaries of the Center for Entrepreneurship can take advantage of special language courses for English and improve their ability to make international connections. 

 

Business Accelerator

Business and Technology University has implemented the service for organizing accelerators and pre-accelerators in collaboration with partners as well as independently. This service is offered individually, depending on the needs and priorities of the client/project. 

In general, accelerators are meant for early-stage, developing startups that have already done some market research and created a prototype for their product. The aim of the accelerator is to facilitate growth and help startups become consistent and self-sustaining entities. In the context of accelerators, startups get access to mentorship and training. Throughout the program, founders get the opportunity to meet and connect with the partners of Global Startup Fund. What’s more, they get access to BTU’s co-working space, high-tech laboratory, research center, library and other services. 

For more information please contact us at: cfe@btu.edu.ge 



On-going Activities


Student-Entrepreneur Status

Student Entrepreneur Status is an initiative by BTU designed to encourage and enable students to launch startups in the Center for Entrepreneurship and take advantage of various benefits. The project will be held every coming year. 

As a result of the first round of the project, three start-ups were chosen as winners of the status and will be able to receive rewards such as: coworking/office space, mentoring, financial and legal support, marketing support, scholarship etc. 

 

BTU x EFSE pre-accelerator 

Business and Technology University is hosting a pre-accelerator for tech-startups in partnership with EFSE. The aim of the pre-accelerator is to help local tech entrepreneurs gain access to top class mentorship and training designed to enhance their managerial skills and facilitate commercialization and internationalization

There are 29 startups participating in the program that were chosen based on the application process beforehand. 

Components of the pre-accelerator:

  • Three week intensive series of workshops
  • 2-Day Hackathon
  • Demo Day

Workshop program overview:

  • Introduction to Georgian Digital Ecosystem 
  • Design thinking and Ideation
  • Lean startup and MVP
  • Startup Action Plan Generation 
  • Customer Segmentation
  • Customer research and Validation
  • Sales and Customer success
  • Marketing and advertising
  • KPIs and Analytics
  • Legal and accounting
  • Investor relations
  • Powerful Pitching workshop


By the end of the program, top 10 startups will be chosen to present on Demo Day, where they will pitch their business in front of the jury and compete for the following prizes: 

  • 10,000 GEL in financing
  • Additional hours with mentors
  • Access to co-working space.


Disciplined Entrepreneurship: 24 Steps to a Successful Startup

World’s best seller Disciplined Entrepreneurship: 24 Steps to a Successful Startup, often regarded as one of the best books in entrepreneurship by startups, mentors and universities, will be published in Georgian. 

The translation and publication of the book is part of BTU’s and MIT’s ongoing partnership. MIT Global Startup Lab was first entered the BTU premises in January 2020 and hosted the first accelerator program. This was a huge step for the Georgian Entrepreneurial Ecosystem. In the context of the this partnership, the agreement was reached to translate the book by Bill Aulet - the head of the MIT’s Center for Entrepreneurship.