Founded with a mission to transform innovative software solutions into successful businesses, BIT operates as a technology consultancy. The organization focuses on identifying and nurturing promising tech startups through a rigorous selection process that evaluates both innovative ideas and the business plans and teams behind them. BIT's market focus includes regional and national levels, culminating in a final round of judging held in Moscow, where the best projects are showcased.
Notable affiliated individuals include industry experts and seasoned entrepreneurs who serve as judges and mentors. BIT has received significant attention for its comprehensive approach, having reviewed over 1,000 applications in a single year. Its impact is evident in the successful launch and growth of numerous tech startups, contributing to the broader tech ecosystem by fostering innovation and entrepreneurship.