The RVC has announced the start of receiving applications to the federal accelerator GenerationS-2016. The deadline for applications to participate in the largest startup accelerator in Russia and Eastern Europe is 15 October. The official launch of GenerationS-2016 will take place in Moscow, on July 7.
GenerationS is the largest technology project accelerator in Russia and Eastern Europe, the first federal platform for the creation and development of corporate acceleration tools held by the RVC since 2013. More than 20 Russian companies became customers and industrial partners of GenerationS in 2015, the companies for which the selection and acceleration of projects was held in 7 areas. 2566 applications from technology entrepreneurs from 14 countries were filed to participate in GenerationS, 141 projects were selected by industrial partners for the corporate acceleration programs, about 60 joint projects are worked out following the results. The cost of prizes from partners of GenerationS-2015 reached a record of 160 million rubles.
GenerationS-2016 will retain the format of the line of corporate acceleration programs. It is expected that some areas of acceleration will maintain succession, while their total number will grow — in accordance with the needs of industrial partners. Gulnara Bikkulova, the Deputy Head and the Member of the RVC Board:
Last year we captured the high interest of Russian corporations in GenerationS,therefore,currently we set ourselves the task of selecting the most active companies interested in finding projects at the open market and in the development of tools of "open innovations". We offered to potential partners to participate in the campaign on search for interesting projects, to formulate criteria for their selection, to allocate the partners' staff for the examination and join us in the accelerator program.
In 2015, the corporate partners of GenerationS were: "RusHydro Group", MOESK, "T Plus" Group, MTS, Sberbank-Technologies, NPO "Saturn", Fund "Energy without frontiers", RSC "Energia"named after Korolev, SC "Morton", NGO "Russian Technical Society", OJSC "Holding Tatneftekhiminvest», Johnson & Johnson, SC "Farmkontrakt", PO "Sibbiofarm", and others. More than 150 government organizations and commercial companies have become members of the accelerator affiliate network.
In 2016, GenerationS will be held in two parallel streams: for mature projects and early stage projects. Mature projects can apply to participate in one of the areas of corporate acceleration of GenerationS, and the Preaccelerator training program aimed at improving the quality of projects and bringing them to the next stage of development will be carried out for the early stage projects.
The website of GenerationS is open for applications of technology entrepreneurs. To become a member of an accelerator, you must complete the registration process on http: //generation-startup.ru/register/.
The main stages of GenerationS-2016:
From June 7 to October 15 technological projects apply for participation in GenerationS on the website www.generation-startup.ru by chosing the development stage of the project and one of the industry's trends.
From November 2016 to July 2017 Preaccelerator is held for the early stage projects, including two stages: online and offline. As part of the online program, participants will watch a series of training video lectures, finalize their projects in accordance with the acquired knowledge, receive recommendations on the formation of the business model of their projects. Full-time program for the best 100 projects will give an opportunity to pass an intensive course of a series of workshops, consultations, meetings with successful entrepreneurs. It is expected that the full-time program will also help to find mentors with whom the participants will carry out an individual work to study the business components of their projects in detail, and develop prototypes of products at the technologically advanced infrastructure platforms, such as fablabs, CMITs and others.
From November 2016 to February 2017 the corporate acceleration programs of GenerationS will be held for mature projects, including: a series of workshops and master classes by industry experts, visiting production facilities of partner corporations, meetings with successful industry entrepreneurs and investors, working with mentors, individual counseling and practical tasks. The purpose of this stage is to help the teams to modify their product in constant interaction with a potential customer, to test the business model and prepare the project to a successful launch to the market. At the end of each accelerator, a demo day will take place on which projects will be presented to the Investment Committee and the Scientific and Technical Council of the partner corporation where a decision on further work with each project-graduate from the accelerator will be taken.
In March 2017, the superfinals of GenerationS will be held, in which a jury of representatives from the partner corporations, investors, entrepreneurs and industry experts will select the winners. They will receive prizes and the opportunity to continue working with corporate partners in the implementation of their developments in their production processes, to submit a draft to the scientific and technical council of corporations, to get a contract for the purchase or investment in the development and refinement of the product.