Kazan Will Become a Capital of Oil and Gas Innovations
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27 August 2015

Kazan Will Become a Capital of Oil and Gas Innovations

On September 1, 2015 the program of preparation of oil and gas innovative companies within GenerationS federal Accelerator starts in Kazan.

Experts will work with specially selected developers' teams from the whole country during the whole month. The program stipulates: master classes, presentations for investors and meeting with leading oil and gas companies from Tatarstan. Pulsar Venture Capital Fund became the operator of accelerating program and Tatneftekhimimvest-holding became its corporate partner. RVC is an organizer of GenerationS accelerator since 2013.

Oil&Gas track will open the doors for 10 participants having passed the online preparation program within GenerationS, the largest accelerator in Russia. The teams were selected from 250 oil and gas projects from the whole country. The program shall start on September 1 in Idea technological park.

Pavel Korolev, the General Director of Pulsar Venture Capital pointed out: "Las year we took the best industrial projects from the whole Russia to Tatarstan within GenerationS. The continue the course to industrial solutions, I can see future in them. having passed our acceleration program, the teams will not only receive investment support of our partners, but will get the possibility to implement their developments at the advanced enterprises of the republic and the whole country".

Gulnara Bikkulova, the Director of Innovative Markets Department, RVC Management Board Member: "The oil and gas sector companies are simultaneously the most desirable and at the same time the most hard-to-get-to clients and partners for most startups. We hope that the entrance barrier will be passed for the accelerator participants within GenerationS and in whole we presume that the Russian corporations will more often cooperate with the supplies of the Russian technologies".

The participation of projects in Tatarstan Oil and gas Chemical Forum will be an important accelerator event. The projects at the presentation sessions of acceleration program will be presented to directors and owners of public and private companies as well as to branch experts.

The similar program of work with the participants on Oil&Gas track may be found at accelerator site generation-startup.ru as well s at the official page of Pulsar Venture Capital in Facebook.

Tatnefnekhiminvest-holding may become an investor or strategic customer for the best teams getting to the final investment session and reaching the consideration by the investment committee, and the development may be included in a corporate product line. the key task of the accelerator program is the support of projects till final transactions with major industrial customers, working with participants within the whole development implementation chain.

GenerationS for startups is an acceleration program, getting of skills for keeping the technological business, possibility to perfect its product in close interaction with potential corporate customer, to establish contacts in the corporate, investor and expert environment, to increase the business potential and iinvestment attractiveness of its project. The accelerator has been held by RVC since 2013 and supported by Russian corporations, development institutes, venture infrastructure representatives. Since 2015 resources of GenerationS have been used to create corporate and industrial accelerators in close cooperation with large Russian corporations. Corporations directly participate in GenerationS participants' project selection, expert examination and acceleration on the basis of their need for innovation solutions. The search for innovative projects is being conducted through the regional partner network of GenerationS, uniting startup schools, accelerators, universities and other participants of an innovative ecosystem, working with startups.

GenerationS-2015 is held in seven acceleration areas (tracks): Power&Energy (modern power generation technologies), Telecom Idea (telecommunication technologies), AeroSpace (air space industry technologies), SmartCity (life technologies, smart city), Oil&Gas (oil and gas industry technologies and materials), BioTechMed (biotechnologies and medicine).

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