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Winners of HSE{Business}Cup 2018 Announced

At the end of November, HSE’s Moscow campus hosted the finals of HSE{Business}Cup 2018  – a completion for student business projects. In total, six teams received grants equal to 200,000 roubles from HSE to make their ideas a reality.

A total of 15 projects (6 projects from Moscow and 9 from other HSE’s campuses in Nizhny Novgorod, St. Petersburg and Perm) reached the final round and were presented to the expert committee.

In total, 243 applications were submitted to take part in competition. HSE Business Incubator experts selected 40 teams (116 participants) to take part in educational intensive internships. For a month, the students worked on their ideas with expert support. For instance, they studied potential consumers and their needs, studied competitors, worked on business models and enhanced their presentations. The projects that showed remarkable progress over the course of the programme made it to the finals.

‘This year, we had a record number of applications. It’s clear that our students are interested in business. Of course, most of the projects were just elaborated ideas, but this is typical for student projects. So, we added an educational module to the competition’s programme,’ says Chingiz Sabiev, the Curator of the HSE{Business}Cup 2018.

In addition to the main cash prizes, three teams — Dozhdeweek (St. Petersburg), INDITOYS (Moscow), and PeriodBox (Moscow) received additional gifts — Fibrum virtual reality helmets from the founder of Fibrum, HSE graduate Ilya Flaks.

The members of the competition committee include: venture investor Alexander Rumyantsev; Head of HSE’s Business Incubator Acceleration Programmes, Svetlana Aleksandrova; founder and CEO of Fibrum Ilya Flaks; Deputy Head of the HSE Innovation and Enterprise Office, Mikhail Demidov; Head of the Nizhny Novgorod Center for Entrepreneurship, Ekaterina Prokhorova; Director of the Centre of Innovative Entrepreneurship at HSE St. Petersburg, Sergey Melchenko; Dean of the Faculty of Economics, Management, and Business Informatics at HSE Perm, Dmitry Gergert.

Winners of HSE{Business}Cup 2018:

INDITOYS (Moscow) — a service for selecting educational toys for individual customers based onmachine learning technology;

Dozhdeweek (St. Petersburg) — advertising on free raincoats for tourists;

Period Box (Moscow) — a subscription set for menstrual days, which includes hygiene items, organic cosmetics, healthy snacks, etc.;

Qlines (Moscow) — a software complex to determine damage points on high voltage power lines by measuring instantaneous values of current and voltage;

Aeroponic Panel (Nizhny Novgorod) — wall-mounted automated panel on aeroponics, which allows you to grow greens all year-round and decorate your home.

Legally-Reasonable Assistant (St. Petersburg) — a legal reference for non-professionals who need to rely on neural networks.

See also:

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HSE Startup Cup: How to Turn an Idea into an Operational Business

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‘Even if You’ve Launched Your Own Startup Once, You Begin to See Opportunities Everywhere and Stand More Firmly on Your Own Two Feet’

This year, the minor with the highest student enrollment at HSE University is the ‘Startup from Scratch: Creating Your own Business’, offered by the Department of Innovation Management. In September, 500 students from all four HSE’s campuses will begin studying the art of entrepreneurship. This number is less than half of the students who applied: in total, the minor course received more than 1,700 applications. Associate Professor Margarita Zobnina, who supervises the minor, spoke with the news service about why students from different faculties want to learn the secrets of a successful business, what skills they gain in the minor, and how they expand their professional networks.

‘If You Want to Create a Start-Up, This Minor Will Definitely Be Helpful’

On March 22, the enrolment period begins for the ‘Start-Up from Scratch’ minor, which is offered by the HSE Department of Innovation Management. The minor introduces students to different fields of entrepreneurship and guides them through the entire start-up process: from the development of an idea to entering the market with a product and attracting investors. 24 start-ups have made it to the stage of making their first sales. Below, HSE News Service talks about the most interesting student projects.

HSE University Is Creating a Community of Aspiring Entrepreneurs Among Students and Staff

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HSE Business Incubator Named the Best University Business Accelerator in the World

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‘Don’t Be Afraid to Try’: What You Can Learn at the HSE Business Incubator

The HSE Business Incubator works as a business accelerator, helping start-ups raise investment through a network of business angels, mentors and partners. The incubator is open not only to HSE students and graduates, but also for other startuppers. Below is some information on the programmes it offers, as well as about some common mistakes startuppers should try to avoid.

Why Study after University: Continuing Education at HSE

In 2011, HSE graduate, Irina Demina, launched the startup ‘Button For Life’ (Ru: Кнопка жизни) - a round-the-clock service for elderly people and people with disabilities. Since 2016, Irina has graduated from three programmes offered by the Centre for Continuing Education at HSE’s Faculty of Computer Science and is planning to do more. Irina told the HSE news service about how the knowledge she acquired has helped her to reach new heights in business.

HSE’s Business Incubator Ranked 7th in the World by UBI Global

The UBI Awards Ceremony was held on February 22 at the World Incubation Summit at Ryerson University, Toronto. HSE’s Business Incubator has entered the ranking for the second in a row. In 2015, it was ranked 14th in the category ‘best business incubator managed by a university’ among more than 100.