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19 May 2014
A Grant to the Rescue: ЕМС Invites Startup Entrepreneurs to Compete for RUB 100,000 Prize
The EMC Corporation is introducing a special category under the Web Ready (Internet & Mobile) Contest heading, previously a stand-alone contest which was added to this year’s nationwide GenerationS Accelerator Contest. The category is open to IT projects, and the team submitting the best project will receive a RUB 100,000 grant.
Web Ready is one of Russia's largest open contests for projects in the area of online and mobile technologies with RUB 1.5 million in prize money. More than 2,700 projects from 150 cities and 30 different countries were submitted to the contest, and 40 projects — from the ranks of the contest’s finalists — raised more than RUB 900 millions in investments.
The special category introduced by EMC will be of interest to teams with projects dealing with Cloud Infrastructure, Information and Case Management systems, Big Data, Data Storage & Data Analytics, as well as technology-focused projects to develop Software as a Service (SaaS) solutions.
Applications in this category are accepted until June 15, 2014, and you can find out full details on the IT Track page. After the application deadline, the EMC board of experts will shortlist the finalists to deliver presentations at the Web Ready Contest Final Investment Session in Moscow in October 2014. In addition to the cash prize, the winner will receive an opportunity to be mentored by ЕМС experts and talk to EMC about raising investments.
“EMC was one of the original masterminds of the Web Ready contest, and we are therefore particularly pleased to see the final product that is emerging from these efforts,” says Viacheslav Nesterov, General Director of the EMC St. Petersburg R&D Center. “Web Ready is probably the best tool out there as far as project selection is concerned, in terms of both project quantity and quality, composition of the judge panel and the expert council, as well as organization of the contest finals and engagement of key players in the Russian venture capital ecosystem. The purpose of our category is not merely to support the winning project with a cash grant, but also five it as much expert support and mentorship as possible, from EMC R&D Center’s technology experts.
Services designed to store and manage data won in this category for two years in a row. The 2013 winner was the Arkstore project making it possible to store and look up file in any storage banks connected to the Internet based on its semantic signature (a “graph”). FreeBrie — a cloud data storage platform with a capability for creating its own services with www access and clients for automatic synchronization won the contest in this category in 2012.
The Foundation for Development of Internet Initiatives (FDII) and Ingria Business Incubator have become partners of tht GenerationS IT Track alongside EMC.
The special category introduced by EMC will be of interest to teams with projects dealing with Cloud Infrastructure, Information and Case Management systems, Big Data, Data Storage & Data Analytics, as well as technology-focused projects to develop Software as a Service (SaaS) solutions.
Applications in this category are accepted until June 15, 2014, and you can find out full details on the IT Track page. After the application deadline, the EMC board of experts will shortlist the finalists to deliver presentations at the Web Ready Contest Final Investment Session in Moscow in October 2014. In addition to the cash prize, the winner will receive an opportunity to be mentored by ЕМС experts and talk to EMC about raising investments.
“EMC was one of the original masterminds of the Web Ready contest, and we are therefore particularly pleased to see the final product that is emerging from these efforts,” says Viacheslav Nesterov, General Director of the EMC St. Petersburg R&D Center. “Web Ready is probably the best tool out there as far as project selection is concerned, in terms of both project quantity and quality, composition of the judge panel and the expert council, as well as organization of the contest finals and engagement of key players in the Russian venture capital ecosystem. The purpose of our category is not merely to support the winning project with a cash grant, but also five it as much expert support and mentorship as possible, from EMC R&D Center’s technology experts.
Services designed to store and manage data won in this category for two years in a row. The 2013 winner was the Arkstore project making it possible to store and look up file in any storage banks connected to the Internet based on its semantic signature (a “graph”). FreeBrie — a cloud data storage platform with a capability for creating its own services with www access and clients for automatic synchronization won the contest in this category in 2012.
The Foundation for Development of Internet Initiatives (FDII) and Ingria Business Incubator have become partners of tht GenerationS IT Track alongside EMC.
