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Top 100 Industrial Start-ups to Compete for RUB 1 Billion at GMIS 2019, 15 of Which to Receive the Business Priority Status

19 June 2019
100 лучших промышленных стартапов сойдутся в борьбе за 1 миллиард рублей на GMIS 2019, 15 из них получат статус «Business Priority»

The Digital Economy Development Fund and the Roscongress Foundation are organizing the Pitch Session for a Billion at GMIS 2019 as a part of the Innovation Space project. The National Engineering Corporation is the general partner of the session. Industrial development projects support and scaling up, as well as attracting investments from global funds, is the main objective of the event.

At the first stage of the competition, an expert jury will select just 100 projects from among the registered that are to participate in the qualifying round. Russian start-ups have every chance to make it to the final, as the terms of the pitch session stipulate for more than half of participants were residents of the organizing country. Moreover, projects can count on an objective assessment by the international jury working with an OpenBook approach.

Voting will identify 15 best start-ups that are to receive the Business Priority status and present their projects at GMIS 2019. Nonetheless, each of the 100 finalists of the Pitch Session for a Billion is guaranteed access to the world’s major industrial groups and corporations, the subsequent implementation and scaling.

A four-minute presentation and two minutes to answer the judges’ questions — in this short time, start-ups must prove to state corporations and the major industrial companies that their project is worthy of support. Not only will their international assessment depend on how start-ups present themselves, but further funding, because both Russian investment funds and a delegation of Arab investors and representatives of the largest Mubadala Investment Company will attend the pitch session. Following the results of the pitch session, RUB 1 billion will be distributed among the presented projects.

At the end of the Pitch Session for a Billion, participants will visit the acceleration area to network with the funds, discuss projects in detail and conclude investment agreements.

Projects in the following areas are invited to participate in the Pitch Sessions for a Billion:

1) Big data;

2) Neurotechnologies and artificial intelligence;

3) Distributed registry systems;

4) Quantum technologies;

5) Innovative production technologies;

6) Industrial internet;

7) Robotics components and sensors;

8) Wireless technologies;

9) Technologies of virtual and augmented realities.

If your start-up falls within these categories, the Pitch Session for a Billion will be a unique opportunity not only to attract funding and enter the international market but also to see your project in action. Register for the qualifying stage at https://www.decdfund.ru/billionpitch, https://www.businesspriority.ru/