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As told the chief engineer of the Kuibyshev railway Vyacheslav Dmitriev, Department of innovative development of the company created just over a year ago, during this time, staff has analyzed about 600 applications from start-UPS and innovative companies.

– At some point we are faced with the problem: is development, its effectiveness is proven in laboratory conditions, it is of interest to the engineers of the railroad, the calculations in the paper show a good economy, but need confirmation in practice, and this requires money – said Dmitriev. Yet within the Railways such a mechanism to support start-UPS no. But the idea resonated with the Ministry of economic development and investment Samara region.

this contest is organized for the first time in Russia. The organizers of interesting projects, which involved end-to-end digital technologies for rolling stock and infrastructure, intellectual systems of video surveillance, systems of diagnosis, AR-technology, innovative materials, resource-saving technologies, composite materials, alternative energy and other areas. Total funding for the project is 20 million rubles.

– We support regional innovative companies, so they can prove the effectiveness of its product and become the supplier of Russian Railways. A large anchor customer – is always good for business. There will be new jobs, new knowledge-based development, taxes, Railways will become faster, more comfortable and safer – these investments will pay off. If this contest will show good results we will continue to hold it, – said the Minister of economic development and investment Samara region Dmitry Bogdanov.

– usually, a startup or a small company may allocate the company’s turnover, for example, 1,5 – 2 million roubles to carry out test implementation in the Corporation, the more that the test might fail. Experts YellowRockets will help startups to get expert advice, a big plus for the project will be participation in acceleration programs or intensives such as Iron Road Show. In this case, project proponents know better, where applicable, their development, are able to clearly state the economic efficiency of the Corporation. So I would advise all who are still planning to sell the Railways their development, are required to go through such a program, – said the founder of the company YellowRockets Sergey Bogdanov.

the organizer of the competition in the Samara region is organized by the Innovation Fund of the Samara region. Detailed information about the contest on the Foundation’s website. The company YellowRockets holds free consultations on filling of nominations in the mail irs@yrockets.com or phone +7(929)702-40-54. Recall also support the business at all stages of implementationtion projects in the region in a mode “one window” renders the Agency on attraction of investments.

In General, now is a favorable environment for the development of innovative activities of business. The Ministry of economic development has proposed to remove restrictions to the inflow of investment in innovation. The Ministry has developed a bill that will expand the scope of collective agreements venture capital investments. In addition, the bill provides for an article that regulate the investment partnership agreement in the field of direct and venture investments. In the case of the bill it will be possible to carry out collective investment in a venture business projects.