24 October 2011

Startpack won IV Business Incubator contest

Technology Park in the high-tech «IT-park» hosted the IV startups contest for Business Incubator Resident status on October 17th. Experts estimated projects by following criteria: business model, project realization possibility for two years, necessity for an infrastructure of Business Incubator, attractiveness for investors. Participants had to give project application, business-plan and project presentation. Following the results, 36 applications were given, but only 15 were recommended to get a place in Incubator. Alexey Fedorov, CEO at Startpack, project that won the contest, share his impressions about the event: “For participants the most important thing was project presentation. It must be very spectacular. But you have only five minutes and five minutes for expert’s questionsyou’re your presentation you have to tell about problem, how a project can solve this problem, promotion, competitors and necessity for an infrastructure of Business Incubator. The most exciting is the determination of winners. You can find them only next day on Business Incubator web-site. But what about me, I was calm after presentation, because was totally gave all the best on it”. Now Startpack has Business Incubator Resident status and can use law, bookkeeper, marketolog and other consulting services, take a part in exhibitions, grants, programs, meet with investors, clients and partners.