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TMK and Moscow Agency of Innovations launch an accelerator program for Moscow-based start-ups

TMK and Moscow Agency of Innovations launched an accelerator program as part of the PipeIndustryTech track of the Moscow Accelerator. A total of 30 teams took part in the program for a chance to implement their projects at TMK enterprises.

The participants will have a number of meetings with pilot managers and business customers, workshops on pitching to potential clients and investors, raising financing and entering the international market, as well as individual strategy sessions, master classes on development trends in the metals industry and the implementation of pilots. The teams will present their finalized products at the Demo Day event, scheduled for August 11.

Applications for the program were open on March 26. Since then, 321 projects have been registered across three areas: new technologies and solutions for the pipe industry, new production technologies and the environmental protection.

“The pipe industry is one of the most high-tech industries in metallurgy, developing new materials, applying advanced engineering solutions and extensively using digital modeling in production. To sustain our high growth rates, we are entering the start-up market with plans to attract talented developers and innovate together. The submitted entries are sure to offer multiple solutions that can improve the efficiency and environmental performance of operations. Through the accelerator program, we will help refine the best of them and assess their potential for implementation at TMK,” said Igor Pyshmintsev, Director for Research Development, head of TMK’s R&D facility.

“Most developers (more than 70%) chose new production technologies focused on digital twins, IT platforms for their development, as well as smart manufacturing technologies. Other production technologies and solutions for the pipe industry were second most popular, and about 9% of applicants chose environmental protection, which includes hydrogen energy development,” commented Ksenia Borbacheva, Deputy CEO of Moscow Agency of Innovations.

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