What are the criteria the fund uses to select which projects to finance?
The project shall conform to the fund’s purpose, it shall possess a qualified team with proven work experience in the subject sphere, the first versions of the laboratory prototype or pilot item with the need to carry out proof-of-concept, competitive advantages of the proposed solution/product, the potential market for this product. These are the main parameters of attention by our investment analysts.
What is the sum the start-up may expect if the project is approved by the competition investment committee?
The maximum sum for one investment of the Life Sciences Seed Fund IPA amounts to RUB 15 mln.
What does the project receive besides money?
Great possibilities and competencies of KSI Ventures LLC as the participant of "Northern" Bio Pharmaceutical Cluster: access to the modern scientific and research base of the leading technical higher education institution of the country — MIPT (to infrastructure units and laboratories of Living Systems Centre), to pre-clinical and clinical cluster centres. The possibility of direct communication with companies manufacturing medicinal products and medical devices, facilitating distinct planning of the financial economic model of the development, and to implement the project successfully to production and implementation.