Moscow Accelerator wins BRICS Solutions Awards

The Moscow Accelerator programme has been declared the winner in the BRICS Solutions Awards contest for best solutions and practices in the Business Solutions category. An international jury recognised it as a socioeconomic and technological breakthrough. The Moscow Accelerator programme for supporting small businesses is aimed at expanding and augmenting technological solutions in various economic sectors. Business people and designers of promising products are offered training in the form of themed courses or industry tracks.

“We are happy that the Moscow Accelerator programme has been declared one of the best international practices for business development. Launched barely a year ago, it has helped its participants implement over 120 pilot projects and attract investment worth 238 million roubles,” Deputy Mayor Natalya Sergunina noted.

The main goals of BRICS Solutions Awards is to choose the best ideas and socioeconomic practices aimed at improving the quality of life and living standards and to subsequently implement them in the BRICS countries (Brazil, Russia, India, China and South Africa).

The Moscow Accelerator programme is being implemented by the Moscow Innovations Agency and the Moscow Innovation Cluster with the support of Moscow’s Department of Entrepreneurship and Innovative Development.

“Winning an international award is proof that the Moscow Accelerator is really helping expand and augment innovative businesses in Moscow. Since its inception, the programme has received over 2,700 applications and has resulted in the launch of over 100 startup businesses,” said Alexei Fursin, Head of the Moscow Department of Entrepreneurship and Innovative Development.

The programme of the BRICS Solutions Awards included seven categories: Public Health and Healthy Living, Quality of Life and Demography, Innovations and Technology, Green Economy, Business Solutions, Housing and Urban Development, and Education. Out of the 230 international practices that applied for consideration by the international jury, 32 were shortlisted.

The seven winning projects from India and Russia will be accumulated in an open-access databank of best practices and solutions in various spheres of socioeconomic development and their implementation will be given broad international information support.

The Moscow Accelerator programme was launched in November 2019 as a platform where representatives of business and startup communities as well as the Moscow Government joined forces to boost the implementation of promising innovative solutions and support technological companies. During its first year of work, it has helped launch seven industry tracks together with the leading Russian and international corporations.