BizTEC is Israel’s top technological entrepreneurship program led by the Bronica Entrepreneurship Center at the Technion. Founded in 2004, it includes students and alumni of more than 20 campuses across Israel.BizTEC creates the next generation of technology entrepreneurs. It caters to hundreds of entrepreneurs annually and is the starting point for many successful entrepreneurs with startups in many different verticals. We achieve this by creating a thriving learning environment and providing an extensive network of partners, mentors, and alumni that leads the teams from ideas to commercial realization.
Hundreds of young and enthusiastic entrepreneurs have participated in BizTEC program during its twelve years of activity. Many of them founded innovative startups based on technological breakthroughs. The BizTEC alumni network keeps on growing, with more than 50 startups and over $500M raised.
During the program, participants undergo an intensive process venture creation, starting from idea formation to the production of an early-stage proof of concept. The program comprises two main phases: eSchool and Summer Program.
During the eSchool phase, approximately 30 teams receive tailor-made workshops from leading experts. These workshops focus on marketing, legal resources, financials, and strategy. The eSchool culminates in pitches to industry experts, based on which we select 10 teams to proceed to the Summer Program. The Summer Program includes individual mentors, more intensive workshops, and a lot of one-on-one coaching by our experts. At the end of the Summer Program, the teams once again pitch to investors, this time in a demo day that is open to the entire Israeli entrepreneurship ecosystem. The winning team is awarded prize money, but all teams are awarded with the tools they need to launch their first technology venture.
BizTEC’s partners are domain leaders in the startup ecosystem. They are a valuable source of professional expertise, sharing their knowledge and experience with the teams and guiding them along their entrepreneurial journey.
Some of BizTEC’s success stories:
Semifinal event, 2020: