All-Russian BIT-2012 finals to take place in June, 28 in Moscow

All-Russian BIT-2012 finals to take place in June, 28 in MoscowThe final of the National Competition of innovative business plans Business of Innovative Technologies (BIT) will take place in June, 28 at 12.00 in Digital October. The aim of the competition is to initiate the creation of new technology companies to increase their attractiveness to investors, bring them to the Russian and international venture capital markets and to promote an entrepreneurial culture in Russian high tech sector.

The organizers promise to all visitors of the event to show projects with even greater prospects for development than last year. Guests will see the presentations of Season 2012 finalists, will become familiar with the exhibition of the best Russian startups of this year and will also participate in other activities of BIT finale program dedicated to venture capital market and innovative business.

We would remind you that the cash prize of the fund is 3 M RUR. As in the past year, the money will be distributed among the finalists.

Nonmonetary prize of BIT-2012 includes:

- A joint program with Intel's Global Track, including the participation of three finalists’ teams of international competition of innovative business plans Intel Global Challenge at the University of Berkeley;
- Prizes in industry categories of BIT-nano with Rusnano, BIT-mobile with the MTS and BIT-connected health with Cisco Systems;
- Training for 6 teams-participants of ICE-2012 in business incubators in Finland within the framework of Finnode Best Idea Award;
- A special award from Skolkovo Business School;
- A set of prizes from Microsoft;
- From the Center for Technology and Innovation PwC - participation of one BIT Finalist in the event Local to Global Expo, held in autumn 2012 in Luxembourg. This is an opportunity to present your project to 40 leading European investment funds;
- Certificates for a free VPS or two months hosting and domain registration in .RU /. RF for all the finalists from reg.ru;
- Participation of project-finalists in the new season of Dragon's Den Premiere talk-show by Success television;
- The participation of several projects in the final stage of the selection of projects for GTI Labs business accelerator.

All finalists will be recommended for consideration by the RVC Seed Fund.

On the eve of the final, June 27, individual consultations on the project presentation to investors will be held for the finalists. The consultations will be held by the Global TechInnovations company (GTI).

Arrival of guests starts at 12-00. Startups exhibition opens at the same time. Presentation of the finalists - from 13-00 to 17-00.