Government fund of funds
Development institute of the Russian Federation

GenerationS — federal competition-accelerator for technology start-ups

GenerationS — federal competition-accelerator for technology start-ups

GenerationS — the largest start-up accelerator in Russia and Eastern Europe, the federal platform for the development of corporate acceleration tools. It has been held by RVC since 2013. More than 20 Russian companies, in whose interests the selection and acceleration of startups is carried out, become every year Industrial partners of GenerationS. As a result of the multi-stage examination, the GenerationS participants receive ample opportunities for business development and investment promotion, and to get access to resources and infrastructure of accelerator partners.

Over the last three years, the project has accumulated its own ecosystem of corporations, experts, mentors, technology brokers and other market participants. Today, the partner network of GenerationS includes more than 250 government organizations and commercial companies.

In 2013, GenerationS has become the first Russian federal-scale accelerator. In 2014, the first field-specific accelerators in Russia were launched within the GenerationS framework. In 2015, RVC reformatted GenerationS to create a platform for the development of corporate acceleration. Applications for participation were submitted by more than two thousand start-ups.

2016 saw 4,237 applications from technological entrepreneurs submitted for participation in GenerationS. The geography of GenerationS projects spanned more than 250 cities and 30 countries, including Russia, Belarus, Armenia, Kazakhstan, Ukraine, France and USA.

About 20 Russian corporations, including QIWI, the Moscow Stock Exchange, VISA, Raiffeisenbank, NPO Saturn, JSCKrasstvetmet, BFK Severniy, EuroSibEnergo, ALROSA, GC EFKO, Russian Technical Society, Publicis Communications Russia and others were directly involved in the selection and acceleration of projects. Due to the specifics of the business tasks the partner corporations developed specialized programs in eight sectoral areas: AgroBioTech&Food, Сreative Industries, Finance&Banking Technologies, LifeScience, Mining&Metals, Power&Еnergy, SmartCity, TechNet. The accelerators took on 120 startup teams. While in the process of acceleration, quite a few of them signed cooperation agreements with GenerationS partner companies, launched pilot projects and managed to attract investments.

621 teams from more than 100 cities of Russia became participants of the GenerationS pre-accelerator. The finals of the GenerationS pre-accelerator had the top 50 startups show their projects as the best developed. The participants will continue collaborating with the mentors up to the finals, which will be held in June 2017 as part of the Startup Village in Skolkovo.

The final of Russia's and Eastern Europe's major startup accelerator GenerationS by RVC took place on April 25 at the Stadium Live concert hall (Moscow). Three winners shared the prize fund of 15 million rubles, and 19 teams received prizes worth over 100 million rubles from accelerator partners.

GenerationS-2017 industry tracks

  • AGRO&MEDTECH — Increase of agriculture effectiveness, creation of “new food”, bioconversion, solutions in the field of new medicines and diagnostic systems
  • CREATIVE INDUSTRY — New media, urban solutions, fashion, design, entertainment industry
  • ENERGY — Development of personal energy sources and collectors, advanced solutions for extraction, conversion, transfer, distribution and consumption of energy resources
  • FINTECH — High technologies in the field of banking and financial products and services
  • METAL INDUSTRY — Metals treatment, new ore mining technologies, remote and automated mining equipment control,raw materials concentration and quality control
  • TECHNET — Smart production and systems implementation, additive technologies

Key results of GenerationS-2016

  • The total of 4,237 applications came from 250 cities and 30 countries;
  • 15 million rubles — Grand Prix for the winners;
  • 800 experts and mentors involved in the selection of projects;
  • 120 projects selected to participate in corporate accelerators in 8 tracks;
  • 620 teams joined in the pre-accelerator;
  • 100+ million rubles — the total worth of the prize fund.

GenerationS-2016 winners:

The first place went to the Moscow team «BOFT» led by Tos Movsisyan who presented the technology of instant photography printing. The entrepreneurs have developed a machine for printing images from social networks. The machines can be found already in 47 cities of Russia and 17 countries of the world. The team obtained 5 077 678 rubles for the project development against the number of votes cast by the members of the Board of Trustees of GenerationS.

The second place belonged to the Krasnodar team «Manufacture of green technologies» led by Angela Asaturova left, who create safe organic biologics for plant protection. The substances stemmed from new strains of bacteria protect cereals, fruits, vegetables and soybeans from diseases and pests. Furthermore, the use of biologics instead of pesticides can reduce costs and minimize the negative impact on the environment. Their remuneration amounted to 5 028 618 rubles.

The third place went to Perm’s businessmen Mikhail Tyulkin and Dmitry Sutormin who have developed a universal RCML-language for «communication» with industrial robots. The project aims to install and configure the operation of software at major industrial plants and to «pair» robots of various manufacturers with each other, while reducing the cost of implementing new software. The team’s remuneration amounted to 4,893,704 RUB.