Top Nizhny University Projects Set to Make Splash in U.S. - RUSSOFT
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Top Nizhny University Projects Set to Make Splash in U.S.

Lobachevsky UNN, the largest university in Nizhny Novgorod, in Russia’s mid-Volga area, is introducing its best young innovative companies later this month to the business and academic communities in the U.S. state of Maryland

May 06, 2014
Four hand-picked technology projects developed by UNN spin-outs are heading for the Maryland State University on Apr. 21 where they will have almost two weeks to pitch their ideas to local stakeholders and potential investors/customers at the Maryland University’s International Business Incubator, UNN told Marchmont News.

The program is supported by EURECA, a US-Russia bilateral effort backing university research and innovation through its Innovation Corridor launched last year between the two countries.

The four companies will showcase projects in IT, biomed, biochemistry and medical engineering, including:
  • A software complex being developed to model 3G/4G/4G+ mobile communications systems;
  • A new hemostatic agent which the developer, Tectum, claims is capable of arresting venous bleeding much faster than
  • international competitors and can be used on burns and surface skin wounds;
  • The InVitro project that seeks to produce orchid tubers for their rich bioactive substances while keeping the natural habitats of these rare and endangered plants intact;
  • XFormer, an effort aimed at developing adaptive modules for X-ray mammography scanners that are said to be able to reduce much of the radiation exposure standard for conventional X-ray machines.
In addition, this year the Innovation Corridor is inviting two innovative projects from Perm, a vast Russian region west of the Urals. The UNN Technology Commercialization Center team has helped its partners from the Perm Polytechnic University properly package their project ideas for pitches in Maryland. The two include:
  • A project that has developed a system designed to monitor and control the parameters of electron beam welding;
  • The Microtest project developing a device and methodology for gauging and regulating vascular tones which can be used on both lab animal and man.
The Innovation Corridor is an ongoing program that calls for the selection of new projects and their pitches in the U.S. twice a year.

Two of the Nizhny Novgorod participants of the April-May round, InVitro and Tectum, were the top award winners in 2012 and 2013, respectively, at another major EURECA-backed initiative, an innovation project competition called "Innobusiness."

Innobusiness has helped establish lasting ties with Purdue, another sizable American university As part of the broader educational inter-university activity aimed at developing entrepreneurial skills in students, the competition has borrowed from Purdue University what’s known as an elevator pitch format of project presentations requiring that a team take no longer than two minutes to sell its idea to investors.

UNN is holding a third in a series of these regular events next month, on May 14. As introduced last year, this time, the final eye-to-eye leg of the competition is also preceded by an online qualification round. Just like with the Corridor, this year Innobusiness is open for Perm regional projects as well.