15 August 2019

Winner of Innovation Space’s Business Priority Technology Startups Competition to Be Announced at EEF 2019

The winners of the latest stage of the Business Priority Technology Startups Competition will be announced at the 5th Eastern Economic Forum as part of the Innovation Space project. The Roscongress Foundation is holding the competition jointly with the Far East High Technology Fund and the Russky Technology Park with the support of the Primorye Territory administration. The Business Priority project aims to develop an innovative market in Russia and promote prominent Russian technological solutions on the global market.

Applications are currently being accepted to take part in the competition. High-tech startups that are registered in the Far Eastern Federal District (FEFD) or are presenting innovative products that can be utilized in the FEFD are eligible to submit their projects. The seven best projects will receive Business Priority status, which will enable these startups to integrate into the ecosystem of the Roscongress Foundation, which encompasses all sectors of the economy, levels of government, and development institutions as well as receive the necessary support to work with investors and promote their projects.

A pitch session will be held at the EEF 2019 during which startups with Business Priority status will be able to present their projects to investors and customers from the government and business. The results of the Business Priority contest will be announced at the end of the pitch session and the best projects will receive awards.

In addition, the EEF Innovation Space will feature a special event that aims to accelerate startups with the participation of experts, business coaches, investors, government officials, and CEOs from major industrial companies and corporations in the real sector of the economy. As part of the event, participants in the Business Priority contest will be able to learn how to enhance the investment value of their projects as well as clarify possible formats and conditions for commercial interaction with potential investors.

The 5th Eastern Economic Forum will take place in Vladivostok on 46 September.

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