Startup Battle was held in SSU

On September 17 at the initiative of Academic and Research Institute of Business Technologies “Ukrainian Academy of Banking” Startup Battle was held in SSU. It was the first time for an event like this to be held in Sumy region. Startup Battle was aimed at encouraging young entrepreneurs to search for investment and assess readiness and investment attractiveness of projects.

Organizers of the event were Startup.Network, Ukrainian Venture Capital and Private Equity Association and the Department of Economic Cybernetics of SSU Academic and Research Institute of Business Technologies “Ukrainian Academy of Banking.” The partners of the event were SSU Startup-Center “New Generation,” Oleg Balatskyi Academic and Research Institute of Finance, Economics and Management of SSU and SSU Business School “Youth&Business”.

There were 2 stages of the 58th Startup Battle. During the first one the representatives of Ukrainian Venture Capital and Private Equity Association and Startup.Network talked about the latest developments and news in the world of investment, gave younger colleagues valuable advice and shared tips for successful startups.

The second stage included presentation of projects. To participate in this event six teams were selected. They presented their business ideas to the discretion of the expert jury: the representatives of businesses, projects supporting start-up movement, and academics.

Two projects won. According to the vote of experts Pharmacological guide “PharmGuide” scored the most points. The project was designed for a family doctor (and other stakeholders) to get quick access to basic information on medicines. It works offline (without internet access) on Android operating system.

According to the results of guests’ online-voting Center of adaptive technologies gained victory. The purpose of this startup is the creation of research center to provide services, training experts and consulting in the field of three-dimensional printing and scanning, studying fields of application of additive manufacturing technologies, making 3D-printers and 3D-scanners on request.

The winners will participate in the Grand Autumn Finale of Startup Battle held in Kyiv on October 13.

The organizers are convinced that holding such an event in Sumy is evidence of innovative for Ukraine and Sumy region startup movement, which allows discovering new investment opportunities for young people and implementing business ideas. The Department of Economic Cybernetics of SSU Academic and Research Institute of Business Technologies “Ukrainian Academy of Banking” is grateful to the co-organizers and partners for supporting the project.