Government-backed accelerator GenerationS aims to stimulate startups within Russian corporations

State-owned fund of funds RVC has launched GenerationS 2015, the second edition of its annual initiative to stimulate innovation in large Russian companies. Corporations associated with this “corporate accelerator” include mobile operator MTS, hydroelectricity firm RusHydro, construction group Morton, national savings bank Sberbank, Johnson & Johnson, and more.


“Enterprise customers formulate the requirements for the selected projects and structures are created inside companies within the corporate accelerator format. The whole concept is to have startup infrastructure emerge within Russian corporations,” says Gulnara Bikkulova, director of the department of innovation markets at RVC.


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