The most powerful technological oil and gas projects of 2015 selected
Following the results of GenerationS Oil&Gas corporate accelerator, held by RVC, five most promising startups from around the country were selected to give a speech at III Moscow Corporate Venture Summit and compete for GenerationS prize pool.
The selection process consisted of several stages: first, 250 companies that have submitted applications for participation in the program had online learning, then the best ones were selected to hold a full-time session in Moscow. Following its results, 22 teams were invited to participate in the corporate accelerator in Kazan. For one month, the team had training and met the Republic's industries representatives. The winners were selected by three scientific and technical councils of Tatneftekhiminvest Holding after the start-ups made their final presentations.
The list of finalists of GenerationS Oil&Gas corporate accelerator:
- Rashit Yumachikov, Tyumen. Self-cleaning oil well filters.
Technology prevents the pumps from getting mechanical impurities, including finely divided clays, and reduces scaling. Unlike the existing analogues, this development is very economical. The study revealed that the filters can be used during more than 1.500 days, ensuring a perfect capacity. - Ayrat Idrisov, Kazan. Thermostable self-inclined acid composition for intensification of oil production in carbonate reservoirs.
The main effect of the biological structure consists in the increase of oil viscosity during while reacted to the carbonate rock. Today, these technologies are not frequently used, because they do not work at a proper level at high temperatures, but the development of Kazan scientists solved this problem by ensuring their operation at up to 150°C. - Alexander Mikhailov, Moscow. "Zinoferr" anti-corrosion coating.
A protective zinc-silicate composition on the basis of a liquid glass. The "Zinoferr" coating provides a mechanism to protect metal structures against corrosion in all climatic zones conditions: in the marine and fresh water; when immersed in crude and light oil; in contact with potable water. The coating forms a durable film ensuring maximum protection against corrosion, even when damaged. The coating dries quickly, does not emit harmful substances into the atmosphere, is fireproof. "Zinoferr" is about to start a well-established production chain. - Irina Garustovich, Moscow. "Trioterm" thermal insulation materials.
The barrier coating for thermal insulation industry. This Moscow development does not absorb moisture, can withstand cryogenic impact (temperature up to -200°C), can be used for up to 15 years, and also protects against corrosion. - Dmitry Mokhov, St. Petersburg. GreenDrive device to reduce fuel consumption.
GreenDrive can be mounted on trucks and industrial vehicles, as well as diesel generators. The development is based on the physical phenomenon of liquid hydrocarbon fuels changing properties under the impact of an alternating electric field. The gadget use reduces fuel consumption and emissions. The Greendrive team has an established production chain.
All finalists of GenerationS Oil&Gas corporate accelerator have patents, including international ones, on research and development. Each project has tested its development, many of them have an established production chain.
Pavel Korolev, Pulsar Venture Capital CEO, accelerator operator, commented on the selection made: "Many of the projects that have undertaken our acceleration program have are fully ready to work with the strategic partners on their innovation implementation or their solutions sale. There are no winners here, because all the teams that took part in the accelerator have got new contacts, contracts and will get investments in the near future".
Gulnara Bikkulova, Director of Innovative Markets Department and a member of RVC Board: "This year GenerationS took another little step to build a bridge between the large Russian businesses and young innovation companies. Here, the willingness of both parties to understand each other and find mutually beneficial solutions is crucial. I would like to thank Tatneftekhiminvest Holding and our accelerator participants for the fact that their openness and ability to achieve the results were a good example for other companies and startups of how "open innovation" can develop in the oil and gas industry".
Rafinat Yarullin, General Director of Tatneftekhiminvest Holding OJSC: "Now, when there are structural changes in the economy and the focus is made on innovation and import substitution, it's the very time to introduce new technologies. The programs like GenerationS provide the corporations with a selection of new development. We are satisfied with our productive cooperation with GenerationS Oil&Gas track and Pulsar Venture Capital. But our work with the teams involved in acceleration program does not end there. The Holding companies are holding constant negotiations with the track participants, and I am sure that soon we will learn about new deals and new technologies introduced in the petrochemical complex of the Republic of Tatarstan".
In addition, following the program's results, Investment and Venture Fund of the Republic of Tatarstan, accelerator's partner, has decided to invite all the finalists to participate in the contest "50 best innovation ideas for the Republic of Tatarstan". The teams have already completed their applications. They will be able to win up to 4 million rubles for their project during "Idea-1000" competition and program.
The Final of GenerationS Federal Startup Accelerator will be held on November 24, at the site of the Moscow Corporate Venture Summit. GenerationS-2015 will name three best technology startups in Russia, these projects will share 10 million rubles and will get support from the leading Russian companies. The total value of GenerationS prizes increased 4 times compared to the year 2014 and amounted to 160 million rubles.
Registration for the GenerationS Final: http://generation-startup.ru/about/events/15677/
