The best teams will be able to run joint projects with the company.
BCS has become a partner of the GenerationS largest start-up accelerator in Russia and Eastern Europe, organized by RVC. BCS supported the Finance & BankingTechnologies track that combines projects in the area of financial technologies, services and e-commerce.
As part of the track, fintech start-ups will present their developments to the leading industry experts from a number of major Russian and international financial corporations. As a result of acceleration of the program, the best teams will be able to run joint projects with BCS, and receive comprehensive advice, support and access to the company's expertise. The GenerationS-2016 prize fund will amount to 15 million rubles. The total value of prizes from partners will exceed 100 million rubles.
"Cooperation with GenerationS will open up interesting prospects for BCS, will help the company to make a new breakthrough in the development of client services. Together with strong parties, we can move more actively in the field of financial innovation, implementing modern investment products for customers ", said Ruslan Smirnov, director for marketing of BCS.
"In the world, the fintech industry is developing rapidly. In Russia, this direction is also becoming increasingly important in terms of interest to new developments on the part of financial institutions, and in terms of new start-ups. The Financial&Banking Technologies Track of the GenerationS accelerator is designed to help young teams to obtain the necessary resources for the development of their products and ensure their commercialisation both in Russia and abroad. The corporate partners of the track will help us with this, one of which joined the BCS company",commented Gulnara Bikkulova, Deputy Director General of RVC and an ideologist of GenerationS.
GenerationS was officially launched in July 2016 in eight corporate tracks: Mining&Metals, AgroBioTech&Food, SmartCity, Сreative Industries, LifeScience, TechNet, Power&Еnergy, Finance&Banking Technologies. The partners of GenerationS are represented by the largest Russian companies, who are leaders in their areas: Moscow Exchange, GC Morton and Russian Technical Company, Raiffeisenbank, National Fashion Chamber, QIWI, Visa, Northern Biopharmaceutical Cluster, Krastsvetmet JSC, GC EFKO, Sher Oston, Irkutsk Electric Grid company JSC, NPO Saturn PJSC, Gars Telecom. The corporate staff will be directly involved in the selection, examination and acceleration of start-ups participating in the GenerationS.
The development partner, Innovation Assistance Fund, will allocate grants to the best projects of GenerationS under the EGGHEAD and START programs. Open University Skolkovo (OUS), production company Amedia, ALROSA, Rostelecom PJSC, VTB24, and BCS also joined GenerationS-2016 as partners.
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