Sberbank and 500 Startups plan to create a development program to support Russian startups, among which will be those majoring in blockchain. They will choose around twenty-five teams.
Selection will be made before 6 October. The acceleration program is intended to last thirteen weeks and the startups will receive funds in the amount of 10 mln RUB.
The lucky winners will also be able to promote their projects in the Sberbank ecosystem and among the partners of the program. The first stage will include lectures and seminars in Moscow, taught by the tutors from the accelerator company. Afterwards seven best startups will be selected to be sent to Silicon Valley for further development and promotion of their projects.
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
Gamza Khanzadaev
Tomiwabold Olajide
Dan Burgin
Vladislav Sopov