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Moscow Accelerator

The idea is to build a unified innovation ecosystem composed of the city’s government agencies, technology corporations, startups, and investors. The Moscow Accelerator includes a technology startup sandbox, a 10-week industry-focused business scale-up program, and a 6-month post-acceleration support program.

State your goals.

The overall goal of the program is to help startups scale up innovative technology solutions. Thanks to the Moscow Accelerator, startups get access to the city’s resources and have an opportunity to run a pilot project jointly with large corporations and the city.

What problems (particularly in value chain competitiveness and global disruption) are your community’s stakeholders facing due to the Covid-19 pandemic?

The market situation caused by the Covid-19 pandemic has only made us more confident in the need to have a unified innovation ecosystem. Things will not be the same as before, and the future belongs to breakthrough IT solutions and digitized processes. Taking care of our participants, we have converted all accelerator activities to an online format and were among the first in Russia to organize an online Demo Day (for the Digital Services track). We have also launched an anti-crisis support program for the accelerator’s graduates.

We help participating startups not just to survive in tough times, but also achieve improvements in performance indicators. Thanks to collaboration with large corporations, startups have higher chances for piloting their solutions.

By partnering with the Moscow Accelerator, corporations reduce costs associated with launching their own accelerators and scouting for innovative solutions. They can also increase the number of piloted solutions. 

What minimum viable solution(s) are you proposing to address the challenge(s) in your community?

Our minimum viable solution is to launch a series of city-wide acceleration programs in partnership with technology companies to cover the following areas: ECOTECH, EDTECH, SPORTTECH/CYBERSPORT, FINTECH, SECURITYTECH, COMMTECH, INSURANCETECH, SMART CITY, ENERGYTECH, RETAILTECH, etc.

Share your story (your narrative)

The Moscow Accelerator is a free program designed to assist startups in promising industries to scale up innovative solutions. Funding for the program comes from the city and corporations. The Moscow Accelerator is operated by the Moscow Agency of Innovations in partnership with the Moscow Innovation Cluster Fund and with support from the Moscow Department of Entrepreneurship and Innovation Development. The first track, Digital Services, was launched in partnership with Yandex in January this year. The second track, BioMedTech, was launched in partnership with InVitro and ChemRar in June. Currently underway is the launch of FinTech and EdTech activities. In total, close to 20 tracks have been scheduled for 2020-2021.

Please provide any additional relevant information that you would like to share.

https://ma.innoagency.ru/

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Henry Dobson Jul 19, 2020

Hi Kseniy, the proposed accelerator programs which you mention all sounds fantastic! It's not clear what the history of the Moscow Accelerator (MA) is exactly. Is this accelerator being developed by you or by the Moscow Agency of Innovation? Also, are there any other accelerators in Moscow? If there are, how does the MA differ from others? It's not clear what the angle or focus of the MA is. It would be great to hear more about this too.

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Kseniy Borbacheva Jul 22, 2020

The Moscow accelerator began its work in november 2019. The program is implemented by the Moscow Agency of Innovations in partnership with the Moscow Innovation Cluster, with the support of the Department of Entrepreneurship and Innovative Development. Yes, there are other accelerators in Moscow.
There are many accelerators in Moscow, but program has a unique product for the Russian market, which has a number of fundamental differences from corporate and independent accelerators existing on the market today.
First of all, it is an independent public platform where there are three stakeholders: the startup itself, the corporation and the city. The corporation determines the technological directions of the accelerator, participates in the collection and formation of the funnel, provides industry expertise and participates in supporting the accelerator ecosystem. The city acts as the third independent link not only as an organizer, but also is a full-fledged participant in the process.
Secondly, various business collaborations are possible within the city accelerator. The city program, implemented with the participation of corporations, makes it possible to organize tracks with consortia of various business projects united by industry or any other interest. Such collaboration makes it possible to share accumulated data with each other, to get common industry cuts and business funnels, thereby reducing costs.
Our third difference is versatility. We started with a major player - Yandex, but we are open to different formats. We can collect tracks for a wide variety of companies from a wide variety of industries. This allows you to cover not only popular topics like AI or VR, but also create tracks for hardware or even non-digital companies.

Victoria Masso Jul 21, 2020

Status label added: Mentor feedback received

Nivashini Rave Rattey Jul 22, 2020

Status label added: Community feedback received

Nivashini Rave Rattey Jul 22, 2020

The idea has been progressed to the next milestone.

Achia Khaleda Jul 23, 2020

Moscow Accelerator is only for Moscow right? you can make it as a global platform and make different partnership with different country.

Uche Udekwe Jul 26, 2020

nice suggestions.. please check out my project too.. like it and please drop your feedback

Tafadzwa Chikwereti Aug 5, 2020

After reading about the idea you proposed for moscow accelarator , I would like to say that it is a wonderful and fantastic idea as it goes in line with the goals of the United Nation.
To add to your solution, I am sharing with you questions from one of our trainings that can help in refining our ideas and projects
What business model will you follow to implement this idea?
What methodology or strategy will you use during different processes of implementing this idea?
Which are the processes you have to go through until the finalization of the idea?
What means or tools do you need to implement my idea?
Which are your potential collaborators, investors?
I honestly suggest that before you submit your idea or project, please and ask yourself these questions and even if you have submitted their project, do remember that we still have opportunity to refine our ideas and resubmit. I hope that you find this useful.

The Sdg's are a collection of 17 global goals designed to be a blueprint to achieve a better and more sustainable future for all.

Please vote and comment for my idea too in the campus community

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Calister Simba Aug 14, 2020

Great idea Kseniy!! I hope you have a plan in place to expand this gloabally because I believe even Africa needs it!! Keep up with it!!

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Israel Abazie Sep 1, 2020

It's not still clear on who is the founding members of the Incubator. Will there be funds to be disbursed to the startups you incubate?

Israel Abazie Sep 1, 2020

What's your core product? And How will you track the impact?

Israel Abazie Sep 1, 2020

Is the program for only Russian startups? What stage will you be interested to accept into your program? Those with merely an idea or prototype? Or atleast mvp?