UKIM is the first state University in the Republic of Macedonia, founded in 1949. At the moment, the University represents a functional community of 21 faculties, 5 research institutes and 11 accompanying members with around 50.000 enrolled students. The Ss. Cyril and Methodius University develops study programmes in all scientific fields - social, technical, natural sciences, mathematics, medical, bio technical sciences and arts, whereas except for the faculties, the research work, also is carried out in the independent research institutes as an integral part of the University. BSC is designed as a centre opened for innovative, technology-based and profit orientated ideas. It has a selection system which starts with on-line application of business ideas, followed by selection of the best 80 ideas, training in 11 modules of entrepreneurship and small business management issues, business plan competition and finally ending with at least 10 newly funded companies. The Centre activities continues with provision of seed capital for start-ups, counseling and coaching of the established companies, all in direction of straightening the capacities of newly established companies to successfully sustain and grow on the market. Also, BSC works very closely with university and school teaching staff, professionals, researchers, policy makers, representatives from state institutions/agencies and private companies in order to share with wider groups its vision, mission and aims.