RVC to Mentor Russian Start-ups in Applying for MassChallenge 2014


RVC to Mentor Russian Start-ups in Applying for MassChallenge 2014

U.S. representative office of RVC – Russian Venture Company USA Inc. (RVC USA) – provides mentoring support to Russian start-ups in preparing applications for participation in the international competition MassChallenge 2014.

RVC has three years of experience in working with MassChallenge helping Russian start-ups to advance their technology in the international market. Last year, with the support of RVC, four Russian companies were included in the number of participants of the accelerator program, one of which – Qbaka – was among the 26 finalists.

You can apply for participation in MassChallenge 2014 on the competition web site until April 2. Every year, more than a thousand start-ups from around the world participate in the application selection, and only about a hundred of them become participants of the accelerator program. To improve the quality of applications, RVC USA experts are ready to provide mentoring support to Russian start-ups: Assess the business plan and make recommendations for its improvement, assist in preparation of the application and pitch, as well as provide other professional services based on the individual needs of the company.

To take advantage of the support offered, you need to send the application to Michelle Lampa, Program Director of RVC USA ( before applying for the competition.

About MassChallenge

MassChallenge is an international accelerator competition for start-ups with a prize fund of more than $ 1.5 million, designed to contribute to the successful development and launch of new businesses. MassChallenge is a non-profit competition, as part of which more than 100 selected start-ups receive a four-month accelerator program in Boston annually.

About RVC

RVC OJSC is a state fund of funds a development institution of the Russian Federation, one of the key tools leveraged by the state in the effort to create national innovation system. The authorized capital of RVC is more than 30 billion rubles. 100% of the RVC's capital belongs to the Russian Federation represented by the Federal Agency for State Property Management of the Russian Federation (Rosimushestvo). The total number of funds formed by RVC has reached 15, and their aggregate size is 25.2 billion rubles. The share of RVC is 15.7 billion rubles. RVC funds invested into 153 innovative companies. The total amount of invested assets reached 14 billion rubles.

For more information, please contact the public relations department of the Open Joint-Stock Company RVC: phone: (495) 777-0104, e-mail:

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