12 GenerationS Accelerator Startups to Receive 4 Million Rubles as Microsoft Azure Cloud Grants

    Microsoft's Russian division is investing in 12 startups of the federal acceleration GenerationS jointly with GVA LaunchGurus.

    All 12 startups will undergo a special selection. Each of them will receive a Microsoft Azure cloud grant worth more than 4 million rubles. In addition, they will be provided with information and expert support. In accordance with the program Microsoft CityNext (“Cities of the Future”), the corporation will support the industry track SmartCity GenerationS - the direction of acceleration for projects in the field of “smart city” and technologies for life.

    The list of 12 startups can include projects from the first stage of the GenerationS pre-acceleration program. Of the seven industry areas, GenerationS will choose one project. Five more will be selected from the Mixed category. They will be invited to the GVAccelerator fall program. Grants will be awarded in August this year.

    Cloud grant allows you to use the resources of the Microsoft Azure platform in the amount of over 4 million rubles. Startups will be able to use such Azure technologies as website hosting, administration of mobile applications, remote jobs for developers, data analytics, technical support and more, Firrma reports .

    GenerationS conducted by RVCsince 2013 with the support of Russian corporations, development institutions and representatives of venture infrastructure.

    “This year, the main concept of GenerationS is to make a corporate accelerator. According to the projects, corporate customers appear that formulate the requirements for the selected projects, and within the companies create structures in the format of corporate accelerators. The entire GenerationS is geared towards creating an infrastructure for working with startups within the framework of Russian companies this year, ”said Gulnara Bikkulova, director of the department of innovation markets at RVC.

    According to RVC, in 2014, 1,858 startups took part in GenerationS. The prize fund of the accelerator amounted to 5 million rubles, the cost of prizes from partners - 38 million rubles.

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