IVA Technologies became a partner of Sberbank’s IT start-up development program and 500 Startups
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Russian manufacturer of digital equipment and software IVA Technologies has become an official partner of the Russian IT start-up development program, organized by Sberbank and the international accelerator 500 Startups.
Startups specializing in e-commerce, the Internet of Things, machine learning, advertising technologies, digital medicine, B2B cloud services, big data and others can take part in the program. Mandatory conditions are: Russian registration, availability of a working product (MVP) and customers.
IN the first stage, 25 projects will be selected that will be able to undergo training under the 500 Startups program, receive funds from Sberbank and the opportunity to attract investments from partner funds. Ten of the 14 weeks of the development program include work in Moscow under the guidance of Russian and foreign experts in various industries. The culmination will be a demo day, when the leaders of Sberbank and partner companies will announce seven winners who will be able to continue their studies in Silicon Valley.
IVA Technologies General Director Roman Volkov was invited to mentor the program in the areas of cloud technologies and data storage systems. He says he is always happy to be present where the future is shaping and to help promising projects..
With the right support, startups can be successful quickly. An example is the Binance exchange, which in a short time took a leading position in the market, and recently launched a crypto-fiat division in Uganda..
text: Ivan Malichenko, a photo: IVA Technologies
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