News

Collaboration between startups and corporations in many countries is already quite a familiar model of business development. But in Russia it is only taking root. What goals can be in such a partnership, and what does each of the parties get from it? Evgeniya Barchenko, executive director of GoTech Innovation shares her views.

Have you ever wondered how a state of five million people can assure its leading positions according to the results of various international economic studies? Today we would like to acquaint you with the main advantages of Finland as a country for the development and promotion of your business.

We are happy to announce finalists of the Kaspersky Open Innovation Program «Cyber Security for Small & Medium Businesses»! Representatives of Kaspersky closely reviewed all 186 applications from 36 countries and selected 12 of the brightest and most interesting participants. The largest number of applications came from the USA, the United Kingdom, Israel, Russia, Germany, and France. Every third application received a very high rating from the organizers.

Finlanding Startup Support Program announces new scouting round for the companies that interested in expanding their business to Europe via Finland. Vladimir Chepurnoy, Director, Invest-in of  Helsinki Centre, explains the specifics of Finlanding this year.

CB Insights, one of the largest analytics platforms that monitors investment market trends, venture capital organizations and startups, has released its third annual Fintech 250 report, a list of the Top-250 leading and most promising startups in the fintech sector. Thanks to a patented algorithm that assesses the current state, growth potential, business model of a startup, as well as market dynamics, CB Insights ranked TOP-250 out of 16,000 companies that participated in the study.

Irina Kalashnikova, Co-founder and CEO of GoTech Innovation prepared the most important tips for startups on finding and working with mentors.

Did you know that Finland is in the TOP-5 European countries in terms of venture capital investments?  According to the FVCA study, the list of 5 countries with the highest level of venture capital investments (in relation to GDP), in addition to Finland, includes Sweden, Ireland, Great Britain, and Switzerland.

We are glad to inform you that on September 15th the acceptance of applications for the Finlanding program begins. The program organizer, Helsinki Centre in St. Petersburg, together with program partners NewCo Helsinki and the Helsinki Business Hub, are inviting Russian technology companies to participate in the program to help them enter the European market through Finland. GoTech Innovation is an operator of applications and scouting of Finlanding program.

Retail Innovation Tech Alliance, consisting of X5, Beeline, M.Video-Eldorado group, and Hoff, goes global and launches the second selection of startups in Europe and the USA. The leading European accelerator for the brands and retail industries, Lafayette Plug and Play (LPnP), acts as a scouting operator.

We want to share with you some interesting material about corporate venture investments. It is no secret that during a pandemic and a global economic downturn, many venture capital companies are forced to slow down their investment rates. However even in such a challenging period, there are effective ways to fight the recession by focusing on the effectiveness of commercial transactions. We want to share with you Beth Kearns’ theory of “shifting gears” – 5 types of multilateral transactions that can potentially add value to an investment portfolio and expand the influence of the corporation as a whole.