Al­rosa Part­ners With Gen­er­a­tionS-2016

Solitaire - - SPECTRUM -

Al­rosa, the lead­ing di­a­mond miner, has be­come a part­ner of Gen­er­a­tionS-2016, the largest ac­cel­er­a­tor of tech­nol­ogy star­tups in Rus­sia and Eastern Europe or­gan­ised by the state-run Rus­sian Ven­ture Com­pany (RVC).

In Gen­er­a­tionS, the best projects selected on the ba­sis of the re­sults of a multi-stage as­sess­ment re­ceive in­ten­sive de­vel­op­ment and op­por­tu­ni­ties to at­tract new in­vest­ment. Al­rosa will sup­port the Min­ing & Met­als cor­po­rate track that com­bines a wide range of re­fin­ing tech­nol­ogy, pro­cess­ing of pre­cious met­als, di­a­mond min­ing and smart in­vest­ment by the world’s in­dus­try lead­ers.

Within this track, star­tups from met­al­lurgy, di­a­mond min­ing and re­lated in­dus­tries will be able to make their pro­pos­als, present their tech­nolo­gies and gain re­fine­ment, im­ple­men­ta­tion, build­ing of joint busi­ness, in­vest­ment at­trac­tion or sale of tech­nol­ogy in the ar­eas tra­di­tion­ally dif­fi­cult and closed for star­tups.

Al­rosa in­vites projects in the sphere of ex­plo­ration tech­nolo­gies, un­manned open pit and un­der­ground di­a­mond min­ing, dry con­cen­tra­tion and di­a­mond break­age pre­ven­tion tech­nolo­gies in di­a­mon­dif­er­ous ore treat­ment to par­tic­i­pate in the track.

To in­crease its op­er­at­ing per­for­mance, Al­rosa is ac­tively search­ing for the ways to op­ti­mise the struc­ture of costs at all pro­duc­tion stages through the use of new tech­nolo­gies. The com­pany’s in­vest­ments in R&D in 2015 amounted to RUB2.04 bil­lion ($30 mil­lion).

Ap­pli­ca­tions from tech­no­log­i­cal entrepreneurs will be ac­cepted at the Gen­er­a­tionS of­fi­cial web­site till Oc­to­ber 15. To be­come a par­tic­i­pant, an ap­pli­cant must reg­is­ter at http://gen­er­a­­is­ter/

Gen­er­a­tionS Su­per Fi­nal will be held in March 2017. The win­ners will share the Gen­er­a­tionS Grand Prix of RUB15 bil­lion ($224 mil­lion) and will re­ceive the prizes from the ac­cel­er­a­tor part­ners and the op­por­tu­nity to con­tinue the work with in­dus­trial part­ners or bring in in­vest­ments to de­velop and im­prove their prod­uct.

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