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Sberbank and the California Accelerator 500 Startups Started to Accept Applications
5.09.2019 09:57
Sberbank and the California Accelerator 500 Startups Started to Accept Applications

The second round of the accelerator, organized by Sberbank and the California accelerator 500 Startups started to accept applications. The program is looking for companies registered in the Russian Federation with ready MVP and customers.

      Startups in the areas of e-commerce, fintech, E-Health, telecommunications, cloud solutions, cybersecurity, etc. can take part in the accelerator. It is possible to view the full list and apply for participation on the accelerator website.

      Applications will be received  until October 8th. Acceleration itself will take place from October 21 to December 8 in Moscow; team members must be prepared to work full time in the program. From December 10 to 20 there will be a demo day and post-program support.

      “Teams with good interim results” will receive from Sberbank six million rubles of investments in the form of a convertible loan, which is subsequently converted into 5% of the authorized capital of the company. Winners will also be able to count on additional investment.


Author: Anna Dorozhkina

Tags: Russian business Russian economy Russian companies Russian startups  

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