BizTec

BizTec is the Technion’s entrepreneurship program, founded in 2004. The program accompanies the entrepreneurship process, starting from the idea stage to the proof of feasibility. The program is 6 months length with two main stages. The first stage focuses on providing the necessary skills to develop and establish the idea. Ant the end of this step only promising ideas and their teams will continue to the next stage, during which they work on developing a proof of concept, IP strategy, while receiving close mentoring. At the end of the program the successful teams will present their ventures at a Demo Day to investors and key opinion leaders. During the program, the teams can receive prizes and grants of up to 100 thousand NIS. The program has a community network of mentoring and startup graduates who have raised over a billion dollars.