COTES has been listed among 250 selected projects at GreenTech Startup Booster in Skolkovo
The COTES Innovative Technologies team takes part in an annual programme GreenTech Startup Booster aimed at searching for and supporting startups in environmental protection. The projects are searched for and selected by the Skolkovo Innovation Fund at the technological demand of the largest industrial companies in Russia and Europe with the support of the Ministry of Natural Resources and Environment of the Russian Federation, the Ministry of Housing and Building of the Russian Federation, and the Ministry of Energy of the Russian Federation. Moscow Innovation Cluster was the program’s co-organizer in 2021.
The program selects projects aimed at improving environment, reducing negative effects on the environment, and providing sustainable development. COTES has presented a pulverized coal boiler ignition technology without using reactive fuel based on an electrode-ionization technology (ETFB). The technology is protected by COTES patents and is implemented in a number of heat power plants in Russia and Europe.
In 2021, total of over 950 applications were submitted for the program. The COTES project has become one among 250 companies that have passed a multi-step expert review and were admitted to the next step; the experts assessed the project’s readiness and prospectives.
The next step is to elaborate projects with the partners using the materials exchange, as a result of which 80 projects will be selected for the next, live step. For those who need it, Skolkovo will provide an additional opportunity: to elaborate business cases and develop the laboratory test design.
At the final step, 20 projects will be given an opportunity to demonstrate their projects to the representatives of real-life companies from the respective industries and/or receive contracts for implementation or proposals and ideas on how to improve their technologies.