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Start-up Companies Successfully Complet Pilot Tests of Projects for the Pipe Industry within the Accelerator of the CTRP Group and GenerationS
The CTRP Group and GenerationS have summed up the corporate acceleration program results to find innovative projects for the pipe industry. Four Russian start-ups from Moscow, Perm, Yekaterinburg, and Magnitogorsk have successfully covered the path from scouting to pilot testing of their technologies to achieve long-term cooperation with the CTRP Group, one of the leading companies in the metallurgical complex in Russia.
As part of the final defense, the Accelerator's project teams, together with the curators — the company's experts — presented the tests' results to the management of the CTRP Group on the implementation of the latest technologies in the business processes of the metallurgical company.
Thus, the introduction of composite technologies into the technological processes of the CTRP Group will make it possible for the company to organize, based on the existing production, the release of an entirely new type of product: durable, lightweight, and recyclable polymer-composite pipes, and will also increase the resistance of pipelines to mechanical damage.
To improve production's environmental friendliness, one of the start-ups presented technology for cleaning and recycling industrial waste. The technology is based on the use of special coagulants based on pectin in the process of separation of products from the processing of cutting fluids (CF) and significantly reduces the need for third-party waste disposal services. It can be easily integrated into the existing line of equipment and does not require global capital investments.
Thanks to the Accelerator, the CTRP Group tested an innovative development to increase parts and components' strength for the pipe industry. The new technology simultaneously improves products' operational reliability, reduces energy costs, and is absolutely harmless and waste-free.
Another project that has completed the acceleration is devoted to the urgent problem of improving the performance of threaded connections by applying a wear-resistant coating to their working surfaces. Some start-up teams that have entered the accelerator will also continue to implement pilot projects after Demo Day.
In total, over 300 start-ups from Russia and the CIS countries, the USA, France, Finland, Israel, Canada, Japan, South Korea, India, and Mexico, have applied for participation in the corporate accelerator of the CTRP Group. The projects' main directions were new products and materials, alternative products-substitutes for traditional steel pipes, machine vision systems, energy-efficient, and environmentally friendly technologies.
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About GenerationS
GenerationS — a Corporate Innovation Development Platform; The largest corporate accelerator in Russia and the CIS, organized by RVC in 2013. GenerationS implements comprehensive corporate development programs: intracorporate — on the development of internal entrepreneurship; acceleration — for scouting and acceleration of external projects; international — to train employees in the methods of building and conducting innovations based on corporations — global leaders.
Today, the accelerator infrastructure includes 16 thousand start-ups from 30 countries, 400 corporate and ecosystem partners. According to the RBC magazine, in 2017, GenerationS was awarded the largest accelerator's title in Russia. In 2018, it became the best corporate accelerator in Europe, according to the Corporate Startup Summit. GenerationS is also ranked in the Top 5 of the world's best public accelerators, according to UBI Global. In 2020, GenerationS became a member of the INSME Association, an international network for small and medium-sized businesses under the OECD's auspices. In September 2020, GenerationS became the winner in the “Ecosystem Best Practice” category of the ITU competition — the International Telecommunication Union, a UN specialized agency.