26 August 2016
2 Weeks Left Until Application Deadline For FinTech Startups Contest
Organizing Committee of Finopolis 2016 Forum in which the FinTech Startups Contest will be held reminds that those who wish to participate in the contest have 2 weeks left to apply. No applications will be accepted after September 12. The FinTech Startups Contest was announced at the end of June. By now, around 140 applications from all over Russia have been received. The contest is open to Russian startups implementing projects in the area of financial technologies that contribute to the development of electronic interaction in the domestic financial market. After the completion of the applications receipt the contest committee will select 18 most promising projects from the point of view of the market. They will be presented to a wide range of financial market participants during the days of the Finopolis 2016 Forum in the FinTech Startups Alley, and to the competent jury at the pitch sessions. The contest participants ranked first, second and third will be presented with grants amounting to 3 million rubles, 2 million rubles and 1 million rubles, respectively. Moreover, they will have the chance to work with mentors from among the market leaders: the Co-founder and Managing Partner of Almaz Capital Investment Fund Alexander Galitsky, the Senior Vice President for Digital Business Development of Sberbank of Russia PJSC Mikhail Ehrenburg, and the Founder and Chairman of the Board of Directors of Finam Investment Holding Viktor Remsha.
The collection of applications and the expertise are being carried out by the largest start-up accelerator in Russia and Eastern Europe GenerationS, during which its organizer – the Russian Venture Company – together with the Bank of Russia for the first time has launched a separate track – Finance@Banking Technologies. Detailed information on the conditions and procedure of the contest is published on the website www.finopolis.ru, it is also possible to apply for the contest there.