About Us

BAU

Business Accelerator UKIM (BAU) is a leading business-technology accelerator dedicated to fostering the growth of highly promising technology entrepreneurs, startups, spin-offs, and scale-ups in Macedonia. We provide support through financing/investment and a customized business acceleration program. We offer a range of resources, including mentoring, access to international markets and business networks, strategic business development assistance, and fundraising support.

Nestled beneath the wings of Macedonia's esteemed Ss. Cyril and Methodius University in Skopje, BAU harnesses its rich technological expertise and leverages access to developmental infrastructure. What sets BAU apart, alongside the University, is its exceptional founding partners - RSM Macedonia (RSM), Crimson Development Foundation (CDF), and the Foundation Prof. Dr. Dimitar Stamboliev. Together, they bring a wealth of experience in investment portfolio management and business development, fortifying BAU's capacity to deliver exceptional services.

Mission

Our mission is to foster entrepreneurship in Macedonia by offering founders, startups, and scale-ups access to essential resources, knowledge, financial backing, and global market entry opportunities.

Our support encompasses early-stage investments, personalized business acceleration programs, and facilitation of connections to international markets, funds, networks, and communities.

Operational Team

At BAU, we are a team of skilled professionals who bring a wealth of expertise to every project. With years of business experience and a passion for excellence, we are dedicated to delivering exceptional results and exceeding our clients’ expectations.

Aleksandar Stamboliev
Chief Executive Officer

Representative of foundation prof. d-r Dimitar Stamboliev in BAU Shareholder Assembly & BAU Investment Committee

Aleksandar Stamboliev
Chief Executive Officer
Nikola Ognenovski
Portfolio Manager

Nikola Ognenovski
Portfolio Manager
Hristina Vasilevska Dimchevska
Project Manager

Hristina Vasilevska Dimchevska
Project Manager
Ruzica Simovska
Accountant and Administration officer

Ruzica Simovska
Accountant and Administration officer

Shareholders Assembly

The Shareholders Assembly embodies our shareholders' collective voice and vision. It facilitates strategic decision-making, and promotes transparency, accountability, and stakeholder alignment. Through collaborative discussions and informed choices, we ensure sustainable growth and company success.

Vladimir Atanasovski
INNOFEIT

Vladimir Atanasovski
INNOFEIT
Jaglika Jordanova Andrijeska
RSM

Jaglika Jordanova Andrijeska
RSM
Darko Arsov
CDF

Darko Arsov
CDF

Investment Committee

The Investment Committee shapes our investment strategy, evaluates opportunities, and provides strategic recommendations for optimal investments. Composed of professionals with a deep understanding of the businesses potentials, they conduct thorough risk assessments, uphold rigorous standards, and drive our company's financial growth while maximizing returns for our stakeholders.

Ivan Chorbev
UKIM

Ivan Chorbev
UKIM
Vojdan Jordanov
RSM

Vojdan Jordanov
RSM
Michael Gold
CDF

Michael Gold
CDF

What we offer

We are building a better tomorrow

Knowledge

We provide access to local and global knowledge coming from our Co-Founder Ss. Cyril and Methodius University in Skopje, and our EIT community specialists.

Finance

We provide funding of up to €100,000 from our sources, and much more from our global partners in EIT community and VC funds.

Market

Our key partner EIT, unifies over 2,900 partners, making it Europe's largest innovation ecosystem. By fostering collaborations, EIT empowers individuals and organizations to transform their ideas into cutting-edge products and services.

Networking

Our extensive national and global networks offer opportunities for networking, sharing, and collaborating.

Founding Partners

BAU statistics

Don't just take our word for it

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Contact us for more info

We are committed to fostering successful innovation in Macedonia.