September 19, 2014
GS Venture, GS Group corporate venture fund, together with Nanostructured Carbon Materials, OOO has arranged a competition among venture projects, research and business development teams applying nanostructured carbon materials (NCM). Participants were submitting entries from June 10 to September 1, 2014. The competition expert board declared five finalists.
Competition is conducted within the program on development of innovation infrastructure of the Technopolis GS cluster (the town of Gusev, Kaliningrad region) and commercialization of scientific developments and technologies. The competition is aimed at finding and attracting projects in the field of practical applications of carbon nanotubes. Ideas that caught the investors’ interest will gain not only financial support, but also the opportunity to manufacture the final product using the material and technical base of Nanostructured Carbon Materials, OOO, and other Technopolis GS enterprises. Entries were submitted on the following topics: composite materials, alloy materials and coatings produced using NCM, methods of dispergation, activation and addition of NCM to materials, promising areas of NCM application. After elimination rounds five projects were shortlisted by the expert board:
At the final stage of the competition, the finalists must submit their plans to implement the proposed projects to the contest committee and prepare the ROI analyses for the investors. Experts will opt for the teams that are not only ready to conduct R&D, but can also provide a business plan for commercialization of the claimed technology. “Our main objective is to find commercially successful technology projects, which implementation will lead to merchantable products entering the market, and provide them with financial support, – commented Sergei Filimonov, Head of GS Venture corporate venture fund. – Today NCM is a promising niche of science and industry, employing a large number of professional teams and up-and-coming innovators, requiring investments for the full-scale development. Such projects are of our primary concern.” Development of nanostructured carbon materials, nanotubes in particular, and technologies of its application is one of the GS Group holding company major business areas evolving since 2013, when Nanostructured Carbon Materials, OOO was established as a separate enterprise within Technopolis GS.