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April 19, 2021, 09:00

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Photo by Y. Ivanko. Mos.ru

Together with experienced mentors, the participants will look for ways to improve business performance, as well as formulate development strategies for the enterprise.

Registration has begun for the first metropolitan accelerator in the service sector for representatives of the beauty industry. It is conducted by the Small Business of Moscow (MBM). Hairdressers, beauty salons, barbershops, cosmetology centers, manicure studios and other enterprises of this industry can participate in the project.

“Representatives of the industry have previously participated in accelerators that the Moscow Government has been conducting since 2019, and now a separate project has been created for them for the first time. The industry has faced restrictions and is one of the hardest hit during the pandemic, so today the city is doing everything to help entrepreneurs recover faster, ”said the head

Department of Entrepreneurship and Innovative Development Alexey Fursin.

The training will begin with an intensive course, which will tell you how to properly present a business in order to pass competitive selection for the main accelerator program. It will be attended by no more than 50 entrepreneurs who will work for several weeks on the development of their project or business under the guidance of experienced mentors. Together with them, the participants will look for ways to improve business performance, as well as formulate development strategies for the enterprise.

The accelerator will end with a final event – a demo day. Participants will talk about the results, as well as present the finalized projects to experts, potential investors and partners.

In total, in 2021, Small Business of Moscow will organize three acceleration programs for the most affected industries. One of them – an accelerator in the field of consumer services – is already underway. Another accelerator will be held for the hotel and tourism business.

Since 2019, more than 350 entrepreneurs have taken part in MBM acceleration programs. They were able to increase profits, develop new products or services, expand promotion channels, and increase sales.

You can learn more about the programs and leave an application for participation on the website mbm.mos.ru… The portal contains information about property, educational and financial support measures provided by the city.

EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

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