Four-day GenerationS intensive Bootcamp training was held in Moscow

Following the results of the intensive training, 120 strongest start-ups were determined that will become participants of eight corporate accelerators. Project teams will receive a wide range of business opportunities: personal mentors, expert support, foreign training, assistance in attracting investment and project preparation to enter the market. And most importantly — access to the resources of major Russian corporations.

The onsite expertise of the GenerationS projects was conducted at Bootcamp on the venue of the largest co-working in Russia — FizTechPark that became an official event partner. The operator of the event was the company GVA LaunchGurus. During the four days more than 300 technology entrepreneurs from all over the country developed their managements and presentation skills at workshops, seminars and trainings.

Why do I like GenerationS: there is no losers, you all learn something, and it means that you win. In addition, it collects snow, if not cream. — a member of the Supervisory Board of the Fund for Assistance to Innovation and Chairman of the GenerationS Board of Guardians Ivan Bortnik notices at the Bootcamp opening ceremony. — I like that events on this stage are going continuously: both on the day and in the evening. We really appreciate that you respond to such challenges, that you have drive. We like participating in this process and hope for your future success!

During the intensive training, Bootcamp participants were able to meet the potential corporate customers — representatives of the leading Russian and international companies from different business industries. Selection and expertise of the projects was made for the benefit of corporations-partners of GenerationS including more than 20 largest Russian companies: Moscow Exchange, QIWI, Visa, Morton SC and Russian Technology Society, Severny Biopharmaceutical cluster, KrasTsetMet OJSC, EFCO SC, Sher Oston company, Irkutsk Power Grid Company, SAP Saturn PJSC and others.

Within the framework of Bootcamp, partners zone was arranged at FizTechPark, where the participants were able to communicate with the representatives of corporations, receive practical advice and recommendations related to projects optimization, preparation of presentations subject to demands of the potential investors.

The largest international technology corporations stood out as the official partners of Bootcamp by GenerationS. IBM company provided to the teams access to IBM Bluemix cloud platform used all over the world to create and deploy applications. The platform provides developers with more than 150 ready-made services. They help startups process data generated by mobile and social networks as well as by customer devices, gauges and sensors.

Experts from Microsoft told to Bootcamp participants of the possible formats of cooperation between the technology entrepreneurs and the corporation. «Participants of GenerationS, GVA, IIDF and Skolkovo can apply for mentor support and technological expertise from our company and for the grant of up to $ 120 thousand of Microsoft Azure cloud resources. You use our cloud — we are interested in your promotion and opening new markets,» Konstantin Goldstein technical evangelist of Microsoft said.

On the second and third days of Bootcamp, panel discussions, seminars and workshops were held which were devoted to market research and segmentation, product positioning, preparation of presentations and other issues critical to technology entrepreneurs. Strategy Director of Moscow Exchange Anton Govor, Executive Director of the Development Center of BPC Severny, Chief Specialist of Krastsvetmet OJSC Igor Shimanskiy, CEO of the innovation center Biruch-NT of EFCO SC Tatyana Sanina, head of the R&D department of EuroSinEnergo JSC Anna Korotchenkova, member of GenerationS Supervisory Board, Strategy Director of Publicis Russia Dragord Knezi and IT Director of Mail. ru Group Aleksandr Gornyi spoke at the panel discussion related to cooperation models between the corporations and start-ups.

«We started working under open innovation model because there are areas where we understand nothing. For example, big data: we have huge amount of data and start-ups can help us create new products and services based on it — Anton Govor emphasised in its speech. — we are ready to integrate these services in the exchange structure».

«We have our own R&D park where we are ready to provide all necessary conditions to start-ups: from expensive raw materials from precious metals for research and development to financing. Besides, we have an extensive network of partners to whom we can offer your solutions,» — Igor Shmanskiy reported to Bootcamp participants.

As Tatyana Sanina noticed, EFCO SC considers possible options to purchase perspective startups and technologies and licensing of copyright for intellectual property objects.

«We will provide non-monetary assistance to the interesting projects free of charge: access to large companies, mentors, analysts, highly-qualified financial experts and layers,» CEO of the Innovation Center Biruch-NT of EFCO SC added. The leading architects of Raiffeisenbank Aleksandr Voronitsyn and Roman Yankov held a workshop of the banks of future, Corporate Development Director of Gars Telecom Roman Maslikhov told of innovation in B2B telecommunications, Technical Consultant of Cloud IBM Timur Markunin — about cloud technologies serving startups, Business Development Mnager of Kamaflow Arin Rauf — about types of investment presentations for a startup. Microsoft expert Konstantin Goldstein held a workshop devoted to the third wave of financial technologies. Theme of a workshop conducted by the Director of new media of Sher Oston production center Andrey Vasilenko was «Psychology of perception of creative and media products by the modern audience».

On the final day of Bootcamp, the teams made presentations of their projects to the experts, investors and corporate partners. Following the results of selection, 120 best startups in eight industry directions were determined: AgroBioTech&Food (10), Сreative Industries (20), Finance&Banking Technologies (20), LifeScience (10), Mining&Metals (17), Power&Еnergy (13), SmartCity (13), TechNet (17). The complete list of projects selected to corporate accelerators is available here.

GenerationS — largest in Russia platform for development of corporate acceleration toolbox. In 2015, we tried a new accelerator format that allowed Russian big business to make first steps in work with the projects on the open market. In 2016, we continued this practice with more than 20 corporations-partners, Gulnara Bikkulova, Deputy CEO and GenerationS ideologist noticed.— Based on the results of Bootcamp-2016, corporations selected 120 perspective teams that have good chances for integration of their technologies in real economy sector. We hope that during the following several months we will see new agreements and cases of mutually beneficial cooperation between the corporations and technology entrepreneurs."

GenerationS Bootcamp participants received exclusive men and women gift cosmetic fits provided by Faberlic.
Teams that passed through selection for Bootcamp will become participants of corporate accelerators that will be held from November 2016 to February 2017 on the base of partner corporations. Finalists will be able to improve their products in constant interaction with the potential customer, test business model and prepare the project for successful launch on the market. The final stage of the corporate accelerators will be Demo Day where the projects will be presented to the investment committee and R&D board of the partner corporation.

Names of the winner teams will be announced at GenerationS super final in March 2017. The GenerationS-2016 prize fund will amount to 15 million rubles. Total value of prizes from the partners will exceed 100 million rubles.

Today, GenerationS partner network includes more than 250 state organizations and commercial companies ready to provide financial and expert support to novice entrepreneurs. The Fund for Innovation Support, GenerationS development partner will provide grants to the best projects in UMNIK and Start programs. Kamaflow investment partner will invest up to 100 thousand USD in the perspective GenerationS project. GenerationS-2016 teams can also apply for victory in the special nominations from Gars Telecom, Raiffeisenbank, SAP and SUEK. Among GenerationS partners are Skolkovo Open University, AMEDIA, Publicis Communications Russia, VTB 24, BCS Broker, ALROSA, Rostelecom.

About GenerationS
GenerationS is the largest start-up-accelerator in Russia and Eastern Europe, a federal platform for developing corporate acceleration toolwork. It has been held by RVC since 2013.
More than 20 Russian corporations, interested in the selection and acceleration of start-ups, have become customers and corporate partners to GenerationS. Following the results of multi-stage expertise, GenerationS participants will receive rich opportunities for business development and attraction of investments, access to resources and infrastructure of the accelerator partners. In 2016, 4237 applications for participation in GenerationS from 30 countries of the world were submitted.
www. generation-startup.ru

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.
www. rusventure.ru