6 start-ups will receive cloud grants from Microsoft as a part of GenerationS Bootcamp
Last week, within a framework of the largest accelerator in Russia and Eastern Europe GenerationS from RVC, the three days of educational intensive training for technological teams of BootCamp was held, where the novice entrepreneurs passed a series of trainings and workshops, met with mentors and experts, they also presented their developments to corporate partners and potential investors.
Microsoft, a global leader in the field of information technologies, provided its expertise and company specialists joined the jury of BootCamp technological section, where the participants presented solutions for financial and banking industry, developed based on the innovation platform using block chain algorithms.
Within the framework of BootCamp start-ups competition, holders of the cloud grants from Microsoft for 120 thousand UUSD under.
Microsoft BizSpark program will be the following projects:
- Optiacs — an application designed for creation of a broker portfolio of users that helps in development of strategy for portfolio investment and trading on the exchange. A pocket hedge fund.
- BankEx — b2b-platform (marketplace) including based on the principals of supplier crowdsourcing. Product plant-exchange for banks. Specialized in KYC, delivery of maps, crowdfinancing of SMB, crowdsourcing of legal entities deposits, currency exchange.
- Cindiсator — a predictive analysis service for traders, crowd-forecasting platform with access to SaaS service that, in real time, shows «index» of opinions of the large number of users on any events.
- BlockNotary — a digital notary that allows identification of a person for transactions or logging in the system that requires authorization. A user fills in a questionnaire, receives an email with a link to video chat and fulfils requirements for identity authentication. Identification parameters of a user are recorded using the block chain algorithms.
- OZPhotoExpert — a service for complex image analysis to help experts and common users to examine photos and determine photo montage.
- FinHub — a platform that allows legal entities find and receive the best credit offer from banks.
The companies will receive comprehensive consultation support of technology and business experts from Microsoft and access to MicrosoftAzure cloud services.
We highly assess perspectives of development of the financial technology solutions in Russia and world. That is why we actively support developments in this direction. Just like GenerationS, we implement a number of programs for support of novice developers, investing their own technological resources, providing access to unique practical knowledge and opening opportunities for implementation of the projects under the technology start-ups support program BizSpark," Strategic Technology Expert of Microsoft Russia, Konstantin Goldstein noticed.
Support of GenerationS teams by the global leader in information technology is very important for novice developers and entrepreneurs. At BootCamp, Microsoft experts selected several projects for providing grants, it will allow GenerationS participants use all advantages of the partner program held by the global giant," Gulnara Bikkulova, Deputy CEO of RVC, GenerationS ideologist commented.
About Microsoft
As part of the international start-up support program BizSpark, the participants will get an opportunity to interact, individually, with Microsoft including a single «entry point» and a plan of joint work adjusted to unique needs of a definite start-up. This work can include joint marketing, business learning/consulting, mentor assistance, technologies, help in raising investments, PR, etc.
About GenerationS
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.
More than 4000 applications from 240 cities and 30 countries were submitted in 2016. The accelerator was held in eight corporate tracks: Mining&Metals, AgroBioTech&Food, SmartCity, Сreative Industries, LifeScience, TechNet, Power&Еnergy, Finance&Banking Technologies. The GenerationS-2016 prize fund was 15 million rubles. And total value of the prizes provided by the partners exceeded 100 million rubles.
About RVC
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 32.4 billion rubles. The share of RVC is 19.9 billion rubles. The number of innovative companies invested by RVC funds has reached 196. The total volume of approved investments is 18.4 billion rubles.
