Acceptance of applications for participation in ALROSA start-up competition has been completed

265 teams from 56 cities in Russia, Kazakhstan, Latvia, Germany, Canada and the United States submitted applications to participate in the selection of technological startups of ALROSA company, organized on the basis of RVC’s GenerationS corporate accelerator. 19 projects have been pre-selected. In the case of a successful examination, they will have the opportunity to jointly improve solutions and further cooperate with ALROSA.

The selected startup proposals correspond to the directions designated by ALROSA. These are new solutions in the field of ore beneficiation, geological exploration, ore preparation and sorting, new materials, etc. A large proportion of applications were IT solutions in the field of digital technologies in the field of industrial safety and personnel training. The pre-selected projects have varying degrees of development – from the idea stage and the first prototype to serial sales.

«An interesting point about this selection is that we received applications not only from external teams, but also from the corporate employees who suggested ideas for improving the efficiency of existing business processes. Experience with ALROSA demonstrates that an open approach to the introduction of innovations helps not only to find promising ideas, but also to become an incentive for the development of personnel reserve,» said Ekaterina Petrova, Director of Corporate Accelerator at GenerationS.
«I would like to mention the significantly increased activity and applied orientation of the digital economy projects among the contest participants in comparison with previous years. I hope that in the near future we will determine the winners of the competition and continue to work with them on the basis of the concluded contracts. Work will be carried out with the rest of the startups that have interested us to detail and clarify the potential for introducing them into ALROSA’s production,» Dmitry Amelkin, Director of the Center for Strategic Projects and Analytics at ALROSA, assessed and outlined the prospects.

Reference Information


About GENERATIONS

GenerationS is the Federal corporate platform to develop acceleration tools. It has been held by RVC since 2013. To date, the accelerator infrastructure includes more than 14,000 startups from 30 countries, 400 corporate and ecosystem partners. GenerationS has become the first Russian accelerator included in the Global Accelerator Network (GAN), created by Techstars.
www.generation-startup.ru

About ALROSA

ALROSA PJSC is the world’s largest producer of carat diamonds. The company is engaged in the exploration, extraction and sale of diamonds. ALROSA mines diamonds in the Republic of Sakha (Yakutia) and the Arkhangelsk Region. In 2017, the Company mined 39.6 million carats of rough diamonds. Its revenue from sales of diamond and diamond products in 2017 amounted to $4.3 billion.

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