Press Room

Novotroitsk School of Entrepreneurship enrols new wave of students

8 February 2018

The School of Entrepreneurship, opened with support from Metalloinvest, and the administrations of Novotroitsk and the Orenburg regional administration under the auspices of the Novotroitsk branch of the National University of Science and Technology MISiS, has enrolled its third group of new students. Over 50 Novotroitsk residents who would like to start a business or expand existing businesses attended an introductory lecture.

The unique and free educational course consists of two modules. In the first module, entitled ‘Opportunity Space’, participants outline business ideas and assess their potential applications. The second module, entitled ‘Development Space’, enables students to create a business plan and launch a project.

Over several months of participation in the programme, participants receive in-depth knowledge, which helps them to launch or expand their business and make it more successful. Themes covered during training include planning and marketing fundamentals, accounting, finance management, budget management, human resources, and contractual and labour laws. Teaching is led by MISiS teachers, business coaches from the non-profit organisation Agency for Social Investments and Innovations, and experts and representatives of organisations such as pension funds, tax agencies, multifunctional civic centres and banks.

Margarita Sherbakova, a member of the school’s third group of students, commented: “After my retirement, I have the opportunity to get involved in a business which I like and which can be profitable. However, I need certain skills. I have experience in making a certain product and with help of the school I would like to improve these skills, create my business and perhaps even get my children involved, so that they can earn money for themselves.”

Ekaterina Zhantlisova, Head of the School of Entrepreneurship, Chair of Humanities and Social and Economic Sciences, associate professor and doctor of economic sciences commented: “Since the school opened, over 100 people have studied here and over 20 of them have developed fully-fledged business projects, the majority of which have been successfully implemented. The programme is expanding. Over 50 people have signed up to participate in the third group. This means that there are another 50 business people who could increase production in the eastern part of the region. Our doors are open for other newcomers. Our Individual approach enables everyone to join the course at any stage.”

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