Green Tech Opportunity: Startup Booster by Russia’s Leading Innovation Hub Skolkovo
September 10, 2020
The Skolkovo Foundation, Russia’s leading innovation hub, has recently launched the Green Tech Startup Booster, an initiative aiming to promote the implementation of green technologies across key industries, thereby contributing to the achievement of the Sustainable Development Goals (SDGs).
The program supports startups and companies offering environmentally friendly solutions to business challenges by matching them with mentoring and collaboration opportunities with entities in industry, science and governmental sectors.
WIPO GREEN is proud to be an international partner of the Green Tech Startup Booster, alongside with the Knowledge and Innovation Community Climate-KIC, the International Association of Science Parks (IASP) and the Sustainable Development Solutions Network (SDSN). The project is also supported by the Moscow Agency of Innovations, MSP Bank, the Chamber of Commerce, Industry of the Russian Federation, and the Russian Carbon Fund, among other organizations.
Participating in the Green Tech Startup Booster
To participate in the Startup Booster and engage with the project’s corporate partners, such as Total, Enel, EDF, Sibur, Gazpromneft, Tatneft, NLMK, Severstal, TMK and Helyx, eligible companies are invited to showcase a green technology or product meeting the below criteria:
- Presently at the completed prototype stage or beyond
- Classified in one of the following six categories: clean water, clean air, clean land, clean energy, environmental monitoring, humans and the environment
- Ready for implementation within one year, at minimum as part of a pilot project
The Green Tech Startup Booster provides the following opportunities:
- Implementation of a pilot project with one of the corporate partners in 2021
- Rapid market entry in Russia and beyond
- Mentoring by leading scientific and business experts
- Direct interaction with senior decision-makers in large corporations
- Possibility to attract investment
Founded by Russia in 2010, the Skolkovo Foundation is a non-profit organization founded to promote the transformation of the Russian economy towards an innovation-driven model. The Foundation manages the Skolkovo Innovation Center, comprised of more than 2,500 high-tech startups; Skolkovo Technopark; and the Skolkovo Institute of Technology (Skoltech) - a graduate research University established in collaboration with the Massachusetts Institute of Technology (MIT). Together, these entities have established a vibrant ecosystem of technology innovation and entrepreneurship. To date, the cumulative revenue of Skolkovo’s startups exceeds $3.5 billion, with more than $200 million in investment, and with over 1,300 patent applications filed.
About WIPO GREEN
WIPO GREEN is a global marketplace for sustainable technology, supporting global efforts to address climate change. Through its online database and regional activities, WIPO GREEN connects green tech seekers and providers in order to catalyze green innovation and accelerate green tech transfer and diffusion.