Bacau Entrepreneurs Learn Business Growth at Orizont Hub

Entrepreneurs from Bacău can sign up until May 12 to learn for six months how to grow their own businesses within Orizon Hub, a space created by Bacău City Hall to support startups in the cultural and creative industries. Orizont Hub was launched to become a space for the development of the entrepreneurial environment and will be inaugurated on April 12.

One of the first activities of the hub is to run an incubation program that includes group workshops, individual mentoring sessions, counseling and participant promotion events.

The incubation program runs for six months and is organized by the Romanian Association for Startups in Technology (ROTSA). It addresses topics such as finding the right solutions for user needs, setting customer profiles, product development, marketing and branding, finding the right partners and investors.

Registrations for the incubation program started on March 7th and will end on May 12th.
The following are eligible to participate in the workshops:
1. Individuals / teams of individuals (two-three founders) who wish to establish and develop companies in the field of creative and cultural industries (ICC) in Bacău county
2. Companies established no more than three years ago with CAEN’s field of activity in the creative and cultural industries
3. Companies that are not in difficulty (state of dissolution, judicial reorganization, liquidation, insolvency, bankruptcy) or temporary suspension of activity;
The selected entrepreneurs will participate in workshops that will address topics such as:
  • Validation of the problem (finding appropriate solutions through a deep understanding of users’ needs);
  • Identifying customer profile (discovering user needs for developing successful products),
  • Product-Market Fit (finding the ideal overlap between product and market),
  • Pitching – how to convince investors and key partners, etc.
At the end of the workshop period, 20 startups will be chosen to be hosted by Orizon Hub, the expenses being borne by the Bacău City Hall.
Between June 15 and November 1, startup founders will participate in individual mentoring sessions.
November will see Demo Day, a capstone event for the incubation program, where the resident teams will present their products and the progress made during the six months of incubation.
BacauBacau City HallbusinessentrepreneursincubationOrizon HubRomanian Association for Startups in TechnologyROTSA
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