BIG YELLOW DEMO DAY has taken place in Samara
On March 31 in the Regional center of innovations StartupSamara Big Yellow Demo Day has taken place. It is a large-scale presentation session of 14 startups, 4 of which entered the final selection of Venture fund of the Samara Region and have got chance to attract investment support.
The Regional center of innovations StartupSamara with assistance of the Ministry of Economic Development, Investments and Trade of the Samara Region became the initiator of the acceleration program directed to support and develop innovative business projects. Among partners of the program there is a Fund of assistance to development of venture investments of the Samara Region and the YellowRockets company, as well as the Venture fund of the Samara Region acting as the investment partner.
The acting vice governor – the Minister of Economic Development, Investments and trade of the Samara Region, the judge, Alexander Kobenko: “In the Samara Region there is one of the most effective innovative ecosystems which helps businessmen to get support at different stages. We hold many events for technological businessmen where it is possible to test the idea, to gather the team, to learn how to make a business model, to get advice from strong experts and angel investors”.
Within the big presentation session CEOs have told the investors about 14 best Samara startup projects. According to the decision of jury 4 projects from the 7th set of the StartupSamara Business catalyst program have passed to the final selection of Venture fund of the Samara Region. Except members of investment committee of the fund, representatives of public authorities, private investors from Samara and also analysts of the Russian and international venture funds were a part of jury of the Big Yellow Demo Day.
As Sergey Bogdanov, the managing partner of Venture fund of the Samara Region, has noted, both startups of early stages and projects which already generate revenue in tens of millions of rubles a month have been presented within the Demo Day. He has reported that several projects at once have received offers on cooperation from investors, including four startups finalists.
Ilya Gerasimov’s project “TravelPie” – the Russia’s first service for tourists which has united the existing technologies of online booking for the principle of All-in-One. In 10 months the project has attracted more than 1000 clients and 2000 partners, the profit of the company exceeds $100 000. The team has made a working online service and has opened offices in Moscow, Miami and London.
Nikita Kazarin’s project “Inbio IT” – the system for control of angular deviations of the dental tool reducing risks of postoperative complications to a minimum and increasing the accuracy of installation of an implant to 80-100%. There is a prototype by means of which six implantations are carried out. Four private stomatology companies of the Samara Region are already interested in the project.
Alexander Rylov’s project “KeyForAll” – the access control system in which the personal smartphone of the user with the pre-installed application acts as a key. The company has made a prototype of the key and now conducts works over the software.
Yury Lapin’s project “MyPoint” – a cloud service for accounting of trade and warehouse on the tablet and the computer. It is adapted for the trading companies and the enterprises of a public catering, works according to requirements of the law on online cash desks.
After detailed examination the teams will be able to present their developments to the investment committee of the Venture fund of the Samara Region and to receive 2 million rubles in the form of investments.