Applications for Best Innovation Start-up Contest Business Priority are In
The Roscongress Foundation’s
Business Priority Project has closed the acceptance of applications for three
contests: Top 10 Innovative Companies in Energy, Top 10 Innovative Companies in
the Environment, and Top 10 Innovative Healthcare Companies. A total of over
200 applications have been submitted, all approximately evenly distributed
across the three contests. The winners will be named at the Russian
Investment Forum that will take place 12–14 February in Sochi.
“We partner with federal ministries and leading
investment funds to organize contest for tech start-ups. The objective is to
implement the state policy on introducing innovative technology in the crucial
social and economic areas of our country’s development and increasing quality
of life of our citizens. This is basically a practical application of our
forums,” noted Alexander Stuglev, Chairman of the Board and CEO of the
Roscongress Foundation.
Most projects to take part in the energy contest are somehow related to digitalization of the industry. Environmentalists
are focused on waste recycling, assessment of air, water, and soil quality. The healthcare part is represented by
start-ups focused on early cancer diagnosis and
telemedicine. Thus, for example, developers suggest a method of remote
monitoring of fetal development, of essential health parameters, etc.
“The terms of the contests suggest that we will select
30 promising projects – three in each area. The winning teams will get the
Business Priority status, which means that the Roscongress Foundation will
provide comprehensive support in searching for investors, promotion and scaling
in Russian and international markets. This implies a lot of consistent work not
only at the forums, but also throughout the year,” said Marianna Skragan,
Director of the Business Priority project.
The expert jury that will choose the winning start-ups
is made from representative of the Ministry of Energy, the Ministry of Natural
Resources and Environment, the Ministry of Health, Roskachestvo, the Skolkovo Foundation, the
Foundation for Assistance to Small Innovative Enterprises in Science and
Technology, and other reputable organizations.