According to him, the investment and venture component
Posted: Wed Jan 22, 2025 5:10 am
"The market decline, according to various sources: MTS Startup Hub, Kommersant, Forbes and RBC Pro, amounted to 65% to 90% both in 2023 as a whole and for individual periods. Investments fell from all representatives of the venture market: government agencies, private investors, corporate funds, accelerators. Foreign investors left the market altogether. The main reason is the change in the geopolitical situation. The second is that the Central Bank of the Russian Federation has tightened its credit policy," Boris Efimchik, Deputy General Director of Accelerator of Opportunities LLC, told reporters on February 13.
of corporations has decreased canada whatsapp number database over the past two years: if earlier the "Accelerator of Opportunities" had about 100 partners - corporate investors and funds, then in 2023 their number decreased to 20.
"Corporations and the public sector have become more careful in choosing projects at the seed stage and have revised their investment programs. The investment results in 2021-2022 did not meet their expectations. Some projects, of course, took off, but most are either already closed or require constant additional infusions. These were projects in the field of education, marketing, sales," said Boris Efimchik.
"Previously, investors focused on capital-intensive projects. But the situation has changed radically: now startups do not set the task of "pumping up" a company with capitalization in order to then sell it. Because there is no one to sell it to," says Maxim Vozhagov, CEO of OOO "Accelerator of Possibilities" at the Innovative Scientific and Technological Center (ISTC) of Moscow State University "Vorobyovy Gory".
What will replace venture capital investments?
"In 2024, the most promising for investment will be startups from the real sector of the economy. In addition to startups developing software, the focus will be on deep technologies: construction, data processing, biotechnology, engineering, digital modeling, logistics management," said Boris Efimchik.
According to representatives of the "Accelerator of Opportunities", now startups in general are changing their positioning and want to find a dividend model; one of the most optimal scenarios is the following path: a startup takes part in a corporate accelerator, successfully tests a solution as part of a pilot on the basis of a large company, and then this company buys a share of 10-40% in it, in order, on the one hand, to continue using this solution for internal tasks, and on the other - to receive dividends from the startup's profit, which it received while working on the external market.
"Companies that have reached an annual turnover of 1 billion rubles or more use bank project financing, despite the high rates. There are preferential programs and subsidies that cover expenses, and in the future, such companies will be ready to go public. In 2024, we expect about 10 companies to go public," said Boris Efimchik.
Dmitry Cheklov, President of Hybrid LLC (AdTech ecosystem Hybrid), noted that the state supports the possibility of entering IPO and Pre-IPO for startups at later stages: if previously mature startups with multi-billion dollar turnovers could enter IPO, now also medium-sized companies can.
"Bank project financing is one of the most promising and popular financing channels, we assume that this trend will continue in 2025," said Maxim Vozhagov. According to him, companies should also consider digital financial assets (DFA) as a tool for attracting investment.
of corporations has decreased canada whatsapp number database over the past two years: if earlier the "Accelerator of Opportunities" had about 100 partners - corporate investors and funds, then in 2023 their number decreased to 20.
"Corporations and the public sector have become more careful in choosing projects at the seed stage and have revised their investment programs. The investment results in 2021-2022 did not meet their expectations. Some projects, of course, took off, but most are either already closed or require constant additional infusions. These were projects in the field of education, marketing, sales," said Boris Efimchik.
"Previously, investors focused on capital-intensive projects. But the situation has changed radically: now startups do not set the task of "pumping up" a company with capitalization in order to then sell it. Because there is no one to sell it to," says Maxim Vozhagov, CEO of OOO "Accelerator of Possibilities" at the Innovative Scientific and Technological Center (ISTC) of Moscow State University "Vorobyovy Gory".
What will replace venture capital investments?
"In 2024, the most promising for investment will be startups from the real sector of the economy. In addition to startups developing software, the focus will be on deep technologies: construction, data processing, biotechnology, engineering, digital modeling, logistics management," said Boris Efimchik.
According to representatives of the "Accelerator of Opportunities", now startups in general are changing their positioning and want to find a dividend model; one of the most optimal scenarios is the following path: a startup takes part in a corporate accelerator, successfully tests a solution as part of a pilot on the basis of a large company, and then this company buys a share of 10-40% in it, in order, on the one hand, to continue using this solution for internal tasks, and on the other - to receive dividends from the startup's profit, which it received while working on the external market.
"Companies that have reached an annual turnover of 1 billion rubles or more use bank project financing, despite the high rates. There are preferential programs and subsidies that cover expenses, and in the future, such companies will be ready to go public. In 2024, we expect about 10 companies to go public," said Boris Efimchik.
Dmitry Cheklov, President of Hybrid LLC (AdTech ecosystem Hybrid), noted that the state supports the possibility of entering IPO and Pre-IPO for startups at later stages: if previously mature startups with multi-billion dollar turnovers could enter IPO, now also medium-sized companies can.
"Bank project financing is one of the most promising and popular financing channels, we assume that this trend will continue in 2025," said Maxim Vozhagov. According to him, companies should also consider digital financial assets (DFA) as a tool for attracting investment.