Challenge Cup Russia/CIS Semifinals

Important
November 9, 2013, 17:30 competition

On November 9th, Digital October will host the open semi-finals of Challenge Cup, a ‘startup federation’ contest for new projects creating medical, educational, energy-saving, and smart city technologies with an eye to entering the global market.

Team applications for the Russian/CIS regional portion of the contest were gathered in October. At that stage of the competition, candidates had to meet a number of strict conditions: their companies had to have existed on the market fewer than three years, have a working, large-scale solution, less than $1.5 million in investments and less than $3 million turnover in that period of time.

On November 7th and 8th, selected teams will go through an ‘express accelerator’ program, during which they will work with mentors on their projects ‘packaging’.

All of November 9th will be dedicated to technologies that are helping us to solve society’s most pressing problems. Starting in the morning, roundtables will be held to discuss the perspectives of Russian educational, medical, and other developments on the international market, and then the semi-finalists will have time to prepare for their presentations.

The main event, determining the participants who will go on to represent Russia/CIS in the Challenge Cup Finals, will begin at 6 p.m. Team leaders will take the stage to present their projects to judges and audience members, who will include investors, experienced entrepreneurs, and journalists.

All in all, the following will be sent to the international finals, which will be held in Washington May of next year:

  • 1 project that makes first-rate education more accessible;
  • 1 project that helps to raise the quality of medical care;
  • 1 project that creates an ecologically friendly energy solution;
  • 1 project that promotes ‘smart city’ technology.

 

Their weeklong trip to the US will be all-expenses paid, and before that, they will be named virtual residents of 1776, and will receive access to this Washington-based incubator’s expertise. As part of the finals, they, along with 60 participants from other countries from around the world, will vie for investments ranging from $50,000 to $150,000.

You can attend the Challenge Cup semifinals free of charge. Just register and come to DO this Saturday.

 

 

At the same time as the Russian semi-finalists are being announced, the search for the most promising startups in certain fields will be carrying on in several other countries. From this October to March of next year, companies participating in the Startup Federation (an informal association of the leading centers offering support to entrepreneurs all over the world) will be hosting 16 regional tournament rounds. As a result, eight American and eight foreign cities (including London, Moscow, Berlin, New Delhi, and Tel Aviv) will send four delegates each to represent them in the finals.

64 projects will gather for a weeklong review/festival in Washington, which, in addition to the competition, will include meetings with influential politicians and entrepreneurs and other networking events for participants. In the Challenge Cup Finals, the winning project in each category will receive investments to the order of $100,000, while second-place companies will receive $50,000 each. The contest winner can count on $150,000 worth of ‘smart money.’

The Challenge Cup Competition is aimed at supporting the most promising teams from all around the world, those that are searching for solutions to the world’s most pressing social problems. Through this competition, the Startup Federation hopes to direct the attention of young international organizations towards innovation in four socially significant sectors and to fill in the blank spaces in the global startup ecosystem.

Schedule

Day 1 November 9

17:30 - 18:00

Networking

18:00 - 19:00

1 minute pitches

Amectronix (Education)

Channelkit (Education)

ClearMath (Education)

CleverBear (Education)

Easy Ten (Education)

Labicom (Education)

Online University for Parents (Education)

TRIK (Education)

We Study In (Education)

EcoCat (Energy)

Ask doctor (Health)

Be Healthy (Health)

CardioWave (Health)

Gipis (Health)

iBinom (Health)

iHealth (Health)

Lactocore (Health)

Medesk (Health)

NormaSugar (Health)

Angry Citizen (Smart Cities)

Dublway (Smart Cities)

HUDWAY Drive Safely (Smart Cities)

OOZO.tv Social Media Television (Smart Cities)

19:15 - 20:15

6 minute pitches

Plus judge deliberatios

20:20 - 20:40

Judge daliberations

Maria Adamian (Digital October)

Evan Burfield (co-founder at 1776 incubator, Washington DC)

Dmitry Galperin (Runa Capital)

Dmitry Firskin (Altair Capital)

Karina Chopuryan (Pearson)

Oleg Kouzhikov (Maxfield Capital)

20:45 - 21:00

Winner announcements

photo gallery

all photos of event

contacts

119072, Moscow, Bersenevskaya Naberezhnaya, 6, str.3

+7 (499) 963–31–10
+7 (985) 766–19–25
do@digitaloctober.com