Founder: CDI (Community Development Institute, Tetovo) www.irz.org.mk

Established: (establishing in the beginning of 2011)

Location: Tetovo, Macedonia

Sector of operation: Small and Medium size Enterprises (SMEs) Support, Micro-business Developement, Business Skills Trainings, Incubation Process, Consultancy
Services offered by BIT:

Business Plan Competition: BIT will organize annual open Business Plan Competition. Everyone between 18 and 35 with a real and sustainable business idea can join the competition, and the final winners are decided after filtering the two phase (Best Business Plan & Best Sustainable Business Model) selection by an official jury.

Business Skills Trainings: Each Business Plan Competition will have at least 3 Business Skills Training Blocks (1.Business Planning 2.Small Business Marketing and 3.Basic Financial Planning). The BSTB are a set of basic business modules that can easily teach participants how to: develop their business idea, explain their business module, and eventually write-down and present a full scale Business Plan.

Individual Business Consultancy: The Individual Business Consultancy hours are meant to help the best Business Plan participants fully develop their idea into a Business Plan with the help of personal local/international experts in the specific needed fields of expertise.

Business Incubation process: A full business incubation process will be offered to the best businesses companies from the Business Plan Competition. Some incubation services will be provided to the rest of the local SMEs sector as well.

Advanced Business Trainings: Customized trainings offered to the SME sector covering specific management issues and topics related to their real business obstacles.

Business Consulting Services & Networking: Free Business Consulting Services targeted to the specific needs of the Incubator tenants and start-up companies, followed by quarterly monitoring and evaluation procedures. Biannual networking B2B events are planned as well.

Registration of new company reimbursement: All Business Plan participants that eventually open a new company are getting their administrative and legal costs reimbursed by Business Incubator.

Promotion of the companies supported by the Incubator: printed promotional support, on-line promotion, web-promotion, business fair promotion, conference promotion and informal promotion of BIT companies and their products/services