Results of A:START: RIT Automation has been invited to become a member of the Academpark Business Incubator

Mid-March we took part in an acceleration program, which allowed us, together with the other 10 winning teams, to become residents of the Academpark Business Incubator.

General partners of A:START were the Novosibirsk Region Government, the Novosibirsk Mayor’s Office, the Novosibirsk Regional Innovation Fund, the Fund for Infrastructure and Educational Programs, Severstal, the Innovation Promotion Fund, the Education Fund and the HealthNet Infrastructure Center.

For almost two months our team had been mastering the tools to test our products for the market: we’ve built business models, considered the economy, studied marketing, communicated with customers and clients. In addition, all this time, on a 24/7 basis, we were supported by Academpark’s trackers and mentors, consulting, providing valuable advice to us and helping us to set new goals.

Despite the fact that we had to switch to the online format, the dynamics and quality of the program were at the highest level.

On April 23, the final defense of our project within the framework of business accelerator A:START took place.

Profile experts selected future residents of Academpark according to a number of criteria: current relevance of the problem and current relevance of the solution, market availability and depth of its analysis, understanding of the client’s profile and formulating USP (unique selling proposition) for the client, presence of performed sales or agreements of intent, team competence and readiness of MVP.

For your information:

Business Accelerator A:START is one of the best acceleration programs in Russia, thanks to which innovative start-ups in the field of medicine, IT, instrumentation, nano and biotechnology have been created and developed in Academpark since 2010.