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

The HSE Business Incubator took 1st place in the 2019-2020 UBI Global World Ranking of University-Linked Business Accelerators. An awards ceremony for the top ranked institutions was held at the World Incubation Summit in Doha, Qatar on November 6.

‘Our victory is the result of more than 4 years of hard work and hundreds of experiments conducted by our team,’ said Mikhail Erman, Head of the HSE Business Incubator. ‘In 2015, we started introducing new startup development techniques. This has led to an improvement in our standing on the UBI Global Rankings as well as other achievements: during this time, our graduates have attracted more than a billion roubles in investments and created more than a thousand jobs. This award today means a lot to us; it tells us that we are headed in the right direction and that we have found our niche in the venture capital market.’

The ranking rates the effectiveness of each university incubator in terms of 40 factors, which are grouped into three main categories: the impact on the ecosystem; the value for client startups; and the attractiveness of the incubation programme. In all three of these categories, the HSE Business Incubator performed higher than the average for all participating institutions. The HSE Business Incubator performed best in such areas as talent retention, graduate performance and economic impact, and, particularly, the number of jobs created in alumni startups.

This is the third year in a row that the HSE Business Incubator has placed in the top echelon of the ranking. In 2018, it took 7th place, and in 2017, it came in 14th.

The UBI Global ranking is the only ranking that assesses the performance of university-linked business incubators all over the world and provides a picture of ​​global infrastructure trends. This year, 364 programmes from 78 countries were included in the ranking.

The HSE Business Incubator is a structural unit of HSE University and the first university-linked business incubator in Russia. Since 2006, the unit has been engaged in the generation and development of startups and contributed to the development of innovative infrastructure for the Russian government. Over the past 3 years alone, more than 800 teams have completed business incubator programmes, and graduates have attracted more than a billion rubles in investments. The incubator has helped launch startups related to educational technology, marketing and advertising, retail, industrial robotics, unmanned aerial vehicles, financial technologies, information security, e-commerce, voice recognition and synthesis, augmented and virtual reality, and other industries. Prominent startups that have resulted from the HSE Business Incubator include TimePad, an event planning service; Kodabra, a programming school; GoLama, a grocery delivery service;  Simple Good (‘Prostoe Dobro’), a charity water service; Store&Cash, a warehouse and trade accounting service; and others.

See also:

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

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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.

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.

International Accelerator Invests in HSE Student Project

Dolphin Blockchain Intelligence, a Russian startup that graduated from the second intake of the fintech startup accelerator HSE{Pro}Fintech, was evaluated by Startupbootcamp, an international accelerator in Amsterdam at EUR 6 million and was given both investment and consulting assistance.

Tele2 Opens Workshop at HSE Business Incubator

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Start-ups to Print Houses for Martians and to Help Wheelchair Users Move around City

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HSE Business Incubator Named Incubator of the Year by the Internet Initiatives Development Fund

The HSE’s business incubator was recognized by the Internet Initiatives Development Fund (IIDF) as Incubator of the Year in the first youth internet entrepreneurship forum.

Winners of Startup of the Year Competition Selected

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The Business Incubator Teaches: Test Your Hypothesis and Be Fiercely Competitive

This autumn HSE Business Incubator came 14th overall and 7th in Europe in the rankings of best university incubators around the world. HSE News went to meet the team to find out how it works and how it helps prime startups.

Northern Ireland to Help HSE Students Develop Business

The HSE student project Chill has been selected by the StartPlanetNI business accelerator which is funded in partnership with the Northern Ireland government investment programme. The 10 best projects were chosen out of 350 teams from around the world and Chill is the only team from Russia.