23 March 2018

GenerationS is planning to search for innovations for Airbus in Russia

RVC and Airbus, an international aircraft manufacturer, have joined forces to launch a joint competition aimed at finding innovative ideas and products in the aerospace industry. Authors of the best project will be given an opportunity to take part in the workshop of Airbus BizLab, the Airbus corporate accelerator, involving the company's experts. Should the project presentation delivered by the participant be a success, the participant will gain access to a 6-month acceleration program by BizLab.

The participants can offer their projects in one or several areas: unmanned aerial vehicles, satellite photography, telecommunications, blockchain technologies and data analysis, artificial intelligence, cyber security, virtual and augmented reality, robotics, storage and conversion of electricity and others.

Applications for the project are welcome from start-ups and entrepreneurs having a prototype of their development, have command of English and are ready to present their project to foreign investors.

"GenerationS has managed to gather a lot of experiences working with the aviation industry projects, however, cooperation with Airbus is a new opportunity to introduce the Russian innovation market to a foreign company. For technology entrepreneurs it is an opportunity to evaluate their projects in the context of global trends. I am confident that thanks to a high level of engineering competence Russian teams have great opportunities for entering the global market," said Ekaterina Petrova, Head of GenerationS.

Applications may be submitted before June 15, 2018, and as early as in September 2018 Airbus experts are going to announce the winner. To apply for the Airbus competition, please register via the following link http://airbus.generation-startup.ru/

REFERENCE INFORMATION

ABOUT GENERATIONS

GenerationS - the largest start-up accelerator in Russia and Eastern Europe, the federal platform for the development of corporate acceleration tools. It has been held by RVC since 2013. More than 20 Russian and international corporations, in whose interests the selection and acceleration of startups is carried out, become every year Industrial partners of GenerationS. As a result of the multi-stage examination, the GenerationS participants receive ample opportunities for business development and investment promotion and get access to resources and infrastructure of accelerator partners. In 2017, 3470 applications from 13 countries were submitted for participation in GenerationS. The prize fund of the GenerationS final in 2018 will amount to RUB 16 million.
www.generation-startup.ru

ABOUT RVC

RVC is the Russian government’s fund of funds and the development institute of national venture industry. The RVC’s main objectives are to stimulate the growth of national venture investment industry and to function as a Project Office for the National Technology Initiative (NTI). RVC’s authorized capital amounts to more than RUB 30 bln. RVC’s capital is owned in full by the Russian Federation represented by the Federal Agency for State Property Management (Rosimuschestvo). The total number of funds established by RVC JSC has reached 26 with their total size of 35.5 billion rubles. The share of RVC JSC is 22.6 billion rubles. The number of innovative companies approved for investment by RVC funds reached 218. The total volume of funds approved for investment is 17.9 billion rubles.
www.rvc.ru

ABOUT AIRBUS

Airbus is a global leader in aviation, space and related services. In 2017, it generated revenues of EUR 67 billion. As of the end of 2017, Airbus employed a workforce of around 129,000. Airbus produces the most state-of-the-art families of passenger aircraft with a capacity from 100 to more than 600 seats as well as business jets. Airbus is a European leader producing tankers, combat and transport aircraft as well as one of the world’s leading space companies. Besides, Airbus manufactures the most efficient civil and military helicopters.
www.airbus.com

ABOUT AIRBUS BIZLAB

Airbus BizLab is a global aerospace business accelerator launched in 2015 at Toulouse-based corporate premises. It focuses on accelerating transformation of innovative ideas into specific business projects and actively interacts with start-ups in aerospace industry. Currently, BizLab has also representative offices in Hamburg (Germany) and Bangalore (India).
airbus-bizlab.com