16 September 2016

GenerationS-2016 continues to work

More than 2,000 startups have applied to GenerationS

GenerationS Press Service

GenerationS, the largest startup accelerator in Russia and Eastern Europe, organized by RVC, gathered more than 2000 projects from all over Russia. At the moment, the collection of applications from entrepreneurs continues within the framework of the regional GenerationS tour, which will cover 30 cities. Applications to the accelerator will be accepted until October 15.

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At the moment, teams from more than 100 cities of Russia are competing to reach the final stage of GenerationS. The leaders in the number of applications were Irkutsk (209 applications), Moscow (186 applications), Tomsk (163 applications), Novosibirsk (137 applications) and Grozny (101 applications).

Among the corporate tracks of GenerationS, the greatest interest of entrepreneurs in 2016 was aroused by the tracks CreativeIndustries (new media, urban solutions, fashion, design, entertainment industry), LiveScience (new medicines, diagnostic systems, digital medicine), TechNet (implementation of smart production and systems, additive technologies) and AgroBioTech&Food (improving the efficiency of agriculture farms, creation of "new food", bioconversion).

The majority of the GenerationS-2016 participants (44%) represent projects of the pre-sowing stage of development, another 27% – projects of the sowing stage. The remaining applications are submitted by mature projects at the prototype, expansion and growth stage. Prior to submitting applications to Generations, most teams were trained in the framework of regional practical consulting sessions (RSPK), acceleration programs and startup schools in the regions.

"Every year, more than 4,000 technology startups take part in educational programs, competitions and awards organized and supported by RVC. This year we are bringing the GenerationS regional tour to 30 cities in Russia and neighboring countries, supporting more than 30 regional startup development programs and conducting RSPK intensives in regions not covered by our other activities. We do this in order to reach every startup, every developer, regardless of the geography of the project and its stage. Within the framework of GenerationS, this year we have allocated a stream of acceleration of projects of the pre–sowing and sowing stages in order to bring them to a new level and prepare them for work with corporations next year," comments Gulnara Bikkulova, Deputy General Director of RVC and ideologist of GenerationS. – There is exactly one month left until the end of submitting applications to the main startup accelerator of the country, so we urge all entrepreneurs who have not yet had time to register their projects on the GenerationS website to do so by October 15."

GenerationS officially launched in July 2016 on eight corporate tracks: Mining&Metals, AgroBioTech&Food, SmartCity, Creative Industries, LiveScience, TechNet, Power&Energy, Finance&Banking Technologies. Among the GenerationS partners are the largest Russian companies, leaders in their industry: Moscow Stock Exchange, Raiffeisenbank, Morton Group and Russian Technical Society, QIWI, Severny Biopharmaceutical Cluster, Krastsvetmet OJSC, ALROSA, EFKO Group, Sher Oston Company, Irkutsk electric Grid Company", PJSC NPO Saturn. Corporate employees will be directly involved in the selection, examination and acceleration of startups participating in GenerationS.

The global partner of GenerationS-2016 is Vilnius Tech Park (Lithuania), which will support the accelerator participants in bringing projects to international markets. The development partner, the Innovation Assistance Fund, will allocate grants to the best GenerationS projects within the framework of the SMART GUY and START programs. Skolkovo Open University (OtUS), Amedia Film Company, ALROSA, Rostelecom PJSC, VTB24, BCS also joined GenerationS-2016 as partners.

The main stages of GenerationS-2016:

From June 7 to October 15, 2016, technological projects submit applications for participation in GenerationS on the website, choosing the stage of project development and one of the industry directions–In November 2016, a BootCamp for the best teams who have passed the correspondence selection will take place in Moscow. Projects will have a three-day coaching, pitch session and selection for corporate accelerators.– From November 2016 to February 2017, GenerationS corporate acceleration programs will be held for late-stage projects: a series of seminars and master classes from industry experts, visits to production facilities of partner corporations, meetings with successful industry entrepreneurs and investors, work with mentors, individual consultations and practical tasks.–In February 2017, a Demo Day will be held at the final of each accelerator, at which projects will be presented to the investment committee and the scientific and technical council of partner corporations, where a decision will be made on further work with each accelerator graduate project.–In March 2017, the GenerationS superfinal will be held, at which the Members of the Board of Trustees will choose the winners of the project.– From November 2016 to July 2017, a Pre-accelerator will be held for early-stage projects: a series of online and offline events aimed at improving the quality of projects and bringing them to the next stage of development.

You can register for the events of the GenerationS regional tour in the calendar on the accelerator's website. To apply for participation in GenerationS, you must complete the registration procedure by October 15.

GenerationS Press Service:
Phone: +7 (916) 508-38-44
E-mail: press@generation-startup.ru

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