RVC has identified six directions for the GenerationS (largest start-up accelerator in Russia and Eastern Europe) for the next three years. During each GenerationS cycle, the line can be supplemented with special corporate tracks at the request of partners. Startup teams will be able to apply for participation in GenerationS-2017 before November 1, 2017.
Selection of start-ups and training of teams will be conducted in the following areas:
• Agro & MedTech - advanced technologies in medicine and agriculture;
• Creative - digital technologies in media, design and culture; 'smart' city;
• Power & Energy - solutions in the energy sector;
• Fintech - financial technologies, services and e-commerce;
• Mining & Metals - developments in the metallurgy and mining spheres;
• TechNet - advanced production technologies.
The submission of applications for participation in GenerationS-2017 will last till November 1, 2017. Teams that will submit their applications for participation in one of the six tracks before August 30, 2017, will be able to once again finalize the questionnaire and send it to Pre accelerator again. After that, the projects will undergo an online examination - they will be evaluated by technological and business experts, and then reviewed by industrial partners. As a result of the selection in November, several hundred teams will participate in Startup BootCamp (full-time with the participation of leading Russian business trainers, mentors and corporate experts). Based on its results, GenerationS partner companies will select the most promising projects in their accelerators. The work of corporate tracks GenerationS-2017 will begin in November. Within the framework of the initial training, educational programs will be conducted, which will be developed taking into account the industry specificity of the accelerators. After this, the teams will focus on individual work and adjust their products together with industrial partners, test business models and prepare projects for market entry. The final of GenerationS-2017 will be held in March 2018.
In addition to launching six major GenerationS tracks, RVC will develop a platform for additional corporate accelerators that can be organized at the request of partners during the year and integrated into the GenerationS line. The Federal Program for the Development of Early Stage Projects (Pre accelerator) will be restarted for beginning technological entrepreneurs within GenerationS-2017. The teams with pre-seed and seeding projects who will get high marks during the online examination and are interested in industrial partners will become participants of the Pre accelerator. Applicants will be asked to undergo online training and full-time education program, to work out start-ups to the next stage of development, which will increase their chances of participating in the corporate accelerator in the next year's cycle.
Dmitry Algazin, head of the Omsky Biocluster StartUpAcademia :
"GenerationS is the largest start-accelerator in Russia and Eastern Europe, it is the federal platform for the development of tools for corporate acceleration, is being carried out by the RVC since 2013. More than 20 Russian corporations are becoming industrial partners of GenerationS annually, in the interests of which the startups are selected and accelerated. Expertise GenerationS members receive ample opportunities for business development and investment attraction, access to resources and infrastructure partners of the accelerator. 4237 applications from 30 countries are submitted for participation in GenerationS in 2016. The prize fund GenerationS-2016 amounted to 15 million rubles, the total value of prizes from partners exceeded 100 million rubles. For all questions, you can contact the RVC directly or contact us at StartUpAcademia. We are waiting for your applications!"
Information: RVC — is the Russian government’s fund of funds and the development institute of the Russian Federation, one of country’s key tools to create and expand the national innovation system. The company has a wide range of programs to develop Russia’s venture investment market establish educational and organizational services for market players, as well as increase the ability of Russian technology companies to compete in the global marketplace. RVC’s main objectives are to promote Russia’s venture investment industry, and to take on the role as the project office for the National Technology Initiative (NTI). Web-site: http://www.rvc.ru/en/.
