Gazprom Neft has Opened the Selection of Startups for the Third Stream of the INDUSTRIX Accelerator
The Gazprom Neft accelerator INDUSTRIX has begun accepting applications from developers of industrial solutions. Finalists will receive expert and business support, will be able to refine and test their products in production, and also qualify for venture funding.
The acceptance of applications started at the TNF Industrial and Energy Forum and will last until mid-November 2023. Developers of solutions in the field of search and production of hydrocarbons, capital construction and alternative energy will be able to take part in the acceleration program. Industrial engineering will be a new direction of selection.
To participate in the program, developers will have to justify to the jury the effectiveness and feasibility of the proposed solutions, as well as their commercial potential. Accelerator finalists will have access to Gazprom Neft production sites to test developments in real conditions. INDUSTRIX graduates will have the opportunity to develop their projects into products and replicate them on an industrial scale, including with the help of venture capital investments and other forms of support.
“More than 1,000 developers from Russia and neighboring countries submitted applications for participation in the first two INDUSTRIX streams. A number of program graduates have developed and implemented their products in industry and brought them to market. Gazprom Neft’s support allows startups to find the shortest path from an idea to a finished product, as well as replicate their solution on an industrial scale. We have demonstrated in practice that cooperation between a large industrial company and technology entrepreneurs can be an effective tool for solving industry problems and creating in-demand innovative businesses,” Alexey Vashkevich, Director of Technological Development at Gazprom Neft.
