Forecast of trends that will affect the market
● Growth of investments at the seed stage, driven by the development of digital platforms for finding startups, as well as the development of regional accelerators to meet the needs of knowledge-intensive industries and the need for early-stage innovative developments
● Maintaining the trend of investments in software
● Maintaining high demand for import substitution
● Activation of accelerators and programs needed to support projects and attract investments
● Changing the positioning of startups and transitioning to a dividend model
● Growing trend of corporations becoming more active in knowledge-intensive development (creating their own venture studios and corporate accelerators to find new technological solutions in the market, as well as changing priority ways of developing corporate innovations)
● Active development of regional innovation centers
● Strengthening the role of the state and corporations in the venture market
"Startup Valley": Project Status as of February 2024:
● Total number of projects in the pipeline - 1436
● Number of projects that have received pilot integrations - 342
● The volume of bank financing exceeded 1 billion rubles
● The total volume of contracts in the domestic market is estimated at more than 500 million rubles
● 35 million rubles have already been raised to implement innovative projects within the program
● More than 80% of companies increased revenue and profit, and also improved key performance indicators
Strategic Plans of the "Opportunity Accelerator":
● Implementation of projects for the comprehensive digitalization of business processes of large companies
● Formation of a strong talent pool in the field of R&D and innovation, expanding the geography of presence in the regions of the Russian Federation
● New project financing mechanisms
"Over the past two years, the venture market in Russia has faced a high level of uncertainty and difficulty in forecasting the economic situation. However, as a result of working with almost 1,500 projects within the "Startup Valley" and the acquired deep expertise, we were able to form a clear consolidated understanding of how the Russian innovation market will develop as a whole, and how to build work there. The financial results and KPIs of companies participating in this acceleration program once again confirm this," — commented Maxim Vozhagov, CEO, Opportunity Accelerator at the MSU Science and Technology Park "Vorobyovy Gory".