The Russian Startup Tour ended its third stage in Nizhny Novgorod this week after awarding two startups more than $16,000 and inviting six entrepreneurs to Moscow’s Startup Village this summer.
The startup tour issued awards in four categories: biomedical, efficient energy, IT and industrial technologies.
A number of entreneurs traveled from such areas as Voronezh, Saratov, Ryazan and Moscow to pitch their startups.
Pavel Gerasimov’s Letalo project and Svyatoslav Zinovyev’s biochip test system were so impressive that they were awarded money to further develop their projects.
Winning pitches on Wednesday also included Veniamin Agureev’s ultrasound gas-flow meter (efficient energy category), Ekaterina Runova’s metallization process (industrial category), Alexi Umnov’s weather-monitoring system (IT category) and Vladimir Samodrov’s health check system (biomedical).
Samodrov's and Runova's projects were invited to join Gerasimov’s and Zinovyev’s systems, Sergei Terekhin’s Nanopintset project, and an electromagnetic field scanner developed by Mikhail Romashchenko at the Startup Village this summer.
Albert Efimov, the director of Skolkovo’s IT projects and one of Russia’s best roboticists, says that everyone wins with the Startup Tour.
“Even if a startup gets negative feedback, that’s great,” Efimov said. “That helps flag up the weak points of the project, to force the creators to think whether the idea really is as good as they think it is. I’ve seen no shortage of examples where a team comes to one competition with a really weak presentation, and then at the next contest it truly shines – as long as the advice is followed.
A total of 20 startups have been invited to pitch their projects at the June Skolkovo Innovation Center pitch sessions. Winners of the final pitch session will gain more investments as well as potential residency positions at Skolkovo.
The tour will next stop in Kazan on March 3 and 4.