On June 10 we closed the applications for the Startup Connect contest that lasted more than two months. While startups-participants are waiting for the finalist’s announcement, we have prepared for you the statistics of all applications from the teams.
In total, 136 startups applied for the contest. Applications came from 12 countries (Russia, Finland, Estonia, Belarus, Germany, USA, Great Britain, Serbia, Poland, Pakistan, Kyrgyzstan, Democratic Republic of Congo) and 36 cities.
The largest number of applications came from teams working in the fields of Logistics and Industry 4.0 (15% and 17% respectively), followed by the number of applications are companies from the industries IoT (13%), Robotics (11%), Hardware (9%) and Smart mobility (7%).
40% of the participants indicated that they are residents or alumni of business incubators, accelerators, and other special support programs, and 43% previously raised investments and grants.
The development stages of the company were as follows: 28% of the participants are now in the pre-seed stage, 38% are at the seed stage and have already developed MVP. And 36% of startups-participants are at the stage of early-growth and scaling.
Right now, the Jury began the selection process and by the end of June wу will announce 10 startups, who will go to the finals at *Ship startup festival in Kotka (Finland) on August 1 and 2 and will compete for the main prize.
Follow website Startup Connect for more information.
The next stop on our technological journey to China is to explore the country’s innovation ecosystem. Here we will not touch on the topic of venture capital investments, as we discussed it in the previous article. However, we will find out the exact number of unicorns in China, their main habitats and study the activities of the Chinese government in the development of innovations.
MoreGoTech Innovation initiates a series of articles delving into the success stories of GoTech Arena international startup contest winners from 2009 to 2019. We aim to track the evolution of startups pre and post winning the contest, exploring their journey to the present day.
MoreA two-week New Year celebration is starting in China, and we at GoTech Innovation decided it was time to take a look at the landscape of investments in the country’s technology companies.
MoreRetail Innovation Tech Alliance (RITA) has completed the sixth selection of startups to implement joint projects with the largest retail and technology corporations in Russia and Kazakhstan.
MoreThere are 3 days left until the end of the selection of startups conducted by Retail Innovation Tech Alliance (RITA).
MoreOctober 20, 2021 Moscow – The Retail Innovation Tech Alliance (RITA) announces the sixth selection of startups to implement joint projects with the largest retail and technology corporations in Russia and Kazakhstan.
MoreOn October 14, the pitch sessions of the finalists of the Finlanding took place. 12 companies presented their projects to the experts of Helsinki Centre, NewCo Helsinki and Helsinki Business Hub.
More2020 was a record year for investments in startups in Finland. 10 years ago, the amount of financing for young companies was 8 times less.
MoreOn September 20, the acceptance of applications for technological projects within the Finlanding program ended. We would like to share its results with you.
MoreFinlanding, a program to support technology companies, continues to accept applications. Representatives of the program organizers – the Helsinki Center in St. Petersburg and the Helsinki Business Hub – talked to Evgenia Barchenko, the chief of operating officer of GoTech Innovation consulting company, about what helps Russian startups to develop in Finland, and how to successfully pass the current selection.
MoreGoTech team has been working with startups for more than 10 years. If you want to run a corporate accelerator, prepare to hold a contest, conference, hackathon, pitch-session or any other event, where it comes to startups and technologies – let’s get acquainted, we will be glad to help.
GoTech is a leader in the field of technology scouting. Our funnel numbers more than 12 000 startups from 50 countries and is constantly updated. Experienced team and international partner network allow finding solutions for corporate tasks and startups for investment in Russia, CIS, Europe, Asia, and Latin America.
We use our own TechScout platform to work with startups. Now it is available for wide use. With the help of TechScout, you will be able to collect applications from startups on your website, manage the pipeline, organize the work of experts and monitor the results of the assessment.
