On 8 December 2016, at the training centre of SPA Saturn PJSC, the opening of the face-to-face part of the TechNet Corporate Accelerator program of the RVC GenerationS.
Partners and operators of the acceleration program are IAMT SpbSTU and Startup Samara. Saturn SPA is the industrial partner of GenerationS for the second consecutive year. This year, technological directions for selection of the projects were formed, in cooperation with the NTI TechNet task force, according to which 593 applications were submitted by 15 October 2016, of which 201 applications were on the prototype stage.
Following the results of the examination made by the technical specialists of Saturn SPA, 42 projects were selected for participation in the onsite session at MPIT technopark on November 19-21, 2016. Based on the session results, companies included in the TechNet task force selected 15 projects to pass through the acceleration program in Rybinsk and then in Saint-Petersburg at IAMT SpbSTU.
The member of the Executive Board of «Russian Venture Company» JSC Gulnara Bikkulova: «This project is a part of the large federal program GenerationS within which we, together with the Russian corporations, have been looking for the technologies interesting for them already for several years and have been creating pilot projects integrating these projects into the production process. SPA Saturn PJSC is our partner for the second year. In 2016, Saturn became a participant of the large federal initiative — NTI — and is the main driver of one of the task forces — TechNet. We hope that this year we together with Saturn will be able to receive the projects that will become a base of the «Plant of the Future» platform and that will be used to increase the competing ability of the Russian enterprises.»
RVC JSC is a government fund of funds and a development institute of the Russian Federation. Main objectives of RVC JSC: encouraging the creation of Russia’s venture capital industry and performing functions of the National Project Office of the Technology Initiative (NTI). RVC’s authorized capital amounts to more than 30 billion rubles. 100% of the company capital is owned in full by the Russian Federation represented by the Russian Federal Agency for State Property (Rosimuschestvo). The total number of RVC funds has reached 21, their total size is 32.3 billion rubles. The share of RVC is 19.9 billion rubles. The number of innovative companies invested by RVC funds has reached 194. The total volume of approved investments is 18.5 billion rubles.
GenerationS is the largest accelerator of technology projects in Russia and Eastern Europe and the first federal platform for the creation and development of corporate acceleration tools. It has been held by RVC since 2013. 12 accelerators have been held for this time. GenerationS-2015 collected 2566 applications from 14 countries. 141 projects were selected to participate in the corporate accelerators in 7 directions. GenerationS customers and industrial partners are more than 20 Russian corporations to which advantage selection and acceleration of start-ups was conducted. Total value of prizes provided by the GenerationS partners is 160 RUB.
Scientific-Production Association Saturn, PJSC
Scientific-Production Association Saturn, PJSC is an engine manufacturing company that specialises in development, production and post-sales maintenance of gas-turbine engines for military and civil aviation, power generating and gas transmission stations, vehicles and ships. SPA Saturn PJSC is included in the structure of «United Engine Manufacturing Corporation» JSC and is the parent enterprise of the division «Engines for civil aviation» — UEMC business unit. SPA Saturn PJSC is a member of the all-Russian industrial association of employers «Russian Engineering Union», Yaroslavl regional department of the all-Russian industrial association of employers «Russian Engineering Union» is headed by the Managing Director of SPA Saturn PJSC V. A. Polyakov