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In the past year, ITMO University has redefined its approach to acceleration programs for hi-tech startups. A pre-acceleration program was launched with the goal of assisting scientists and tech enthusiasts who have ideas but are far from implementing them in practice or creating an actual product. Nevertheless, three projects have already gone the distance from ideas to full-on contracts with investors, raising over five million rubles in total. ITMO.NEWS got in touch with Alexey Solomatin, the head of the ITMO Accelerator, to find out what he thought of the past year, which achievements of these 12 months he considers the most important, and what he’s got in plans for the future.
The SLUSH festival, one of the biggest startup events in Europe, has recently ended in Helsinki, Finland. Several of ITMO University’s Technopark residents took part in the event. For them, it was an opportunity to present their projects, attract potential investors and familiarize themselves with their counterparts’ work. A total of three companies collaborating with ITMO University received awards from the jury. Read on to learn more about the festival and why it is important for startups to participate in such events.
The St. Petersburg Expoforum is currently hosting the 12th St. Petersburg International Innovation Forum. During the first day of the event, a roundtable discussion was held on the topic of Russian-Japanese economic relations. The discussion was organized by ITMO University, ITMO Highpark, and the investment service SAMI. A writer for ITMO.NEWS learned what Russian and Japanese IT entrepreneurs discussed during the event and tried to find out what future awaits Russian-Japanese high tech collaboration.
This week, an American expert on education and startup consulting Faris Alami visited ITMO University with a lecture. He talked about how to go from starting a business to its development and technology scaling. ITMO.NEWS met the expert at ITMO University’s business accelerator to find out what makes a successful startup and what leads to failure, how investors pick startups, and why having a lot of relatives is important for a novice entrepreneur.
The workshop “8 Early Mistakes, or How Not to Start a Business” by sales coach Tatiana Vinokurova, which explored the many errors typically made by fledgling entrepreneurs, recently took place at ITMO University. Check out the article below for a rundown of the workshop’s key points.
ITMO Technopark launched the Pre-accelerator educational program for St. Petersburg entrepreneurs. The course was created in collaboration with ITMO Highpark for the purpose of helping startupers in the early stages. In the course of three months, its participants will be testing their ideas, developing business models, finding consumers and creating the MVP, a minimum viable product for entering the market. Learn more in this article by ITMO.NEWS.
In the beginning of August 2019, students and staff of ITMO University took part in *ship, a major startup event in South-East Finland, as part of the Finland-Russia cross-border cooperation program’s project Startup Connect. This year’s event brought together 50 teams from more than 20 countries. Keep reading to find out what participants from ITMO University have to say about their experience sharing expertise with colleagues from abroad.
ITMO University and the investment platform United Investors launch Univest, a joint national program for angel and venture investment into hi-tech projects of Russian universities.
In 2016 the company Cerevrum Inc, which creates VR-based educational content for the corporate sector, attracted one million USD in investments from the co-founder of Oculus. Three years later, the company has now been granted another million by the Russian venture firm LETA Capital. A year earlier, Cerevrum became a resident of ITMO University’s Technopark; just recently, the company bought out its 7% share from the Internet Initiatives Development Fund (IIDF). We’ve previously written about the project in detail here. Read on to learn how Cerevrum earned the investment and what it means for the company’s future.
On June 5, representatives of ITMO University and Dassault Systemes met to sign a collaboration agreement and discuss new areas of cooperation. As a result, teams of ITMO startups will get an opportunity to make use of the company’s software, which holds leadership positions in the field of design, 3D digital mock-up, and marketing.