Economy1111

Top–5 Startup Projects of Belarusian Investment Forum

Nasha Niva visited the Belarusian Investment Forum yesterday. Yet not some tiresome conferences but the startups fair where 15 young and energetic to-be-millionaires presented their business projects in an attempt to find an investor.

The promised state support was announced to be $30,000 for each project, but still it was a drop in a sea and the fair participants did their utmost to amaze potential investors.

1. iMeterege

Paviel Shylionak and Vital Nikulienka have developed a plug-in laser and ultrasonic range finder module for smartphones which may measure distance instantly.

The target audience for the gadget — as the developers put it — is realtors and constructors. The measurement error does not exceed 5-6mm.

2. Malakhija

Uladzimir Malakhau Sr. andUladzimir Malakhau Jr. want to create a pharmacy which will produce low volumes of expensive and rare medicines, anti-cancer drugs in particular.

The production is to conform with GMP standard which will allow to export the services abroad.

The required amount of investments is $4.6mln.

3. SpyBoard

SpyBoard — the advertisement screens in supermarkets.

Paviel Mazurkievich’s idea in installing e-price tags in supermarkets. Then main income will be the context advertising.

$40,000 has been already invested and such tags have already appeared in two shops in Minsk. Still, $240,000 more is needed.

4. Say’n’Ride

Say’n’Ride is a mobile platform software which helps to find a cheaper and more comfortable passing transport.

A potential passenger uploads a paid voice notice on a server looking for a transport to a certain destination.

On the very same server, a driver may find an appropriate fellow traveler and give a lift for some reward — faster and more comfortable than public transportation and cheaper than taxi.

The project is not planned to be launched in Belarus now, and to start in Chicago, USA, the developers Aliaksiej Ivanchankau and Jahor Viecier need $3mln. However they are set to make $180mln in some years.

5. Maesens.

Maesens is a project which successfully operates in Belarus. Maesens is a service of interactive charity. Actually, it is an on-line auction where… people are sold. One may register and bid for a meeting with a person one likes.

80 per cent of the sum of the “purchase” is granted for charity. The rest 20 per cent spent to support and develop the project.

Now the author of the idea Aliesia Abramienka want to launch the project in the USA titled as Goodwillion. However, such a launch requires ca. $300,000 for promotion campaign in the USA and Russia.

More startups

SellerHit (by Raman Buhajou)—the service that allows to calculate the optimum price. Primary target audience for the project is Amazon.com users.

My Fish (by Eduard Bondar and Uladzimir Masiejkou) — fish snacks from Belarusian fish.

Farm of Vietnamese pigs (by Dzmitry Radziuk).

Cancer Medicine (by Dzmitry Rudakou).

FaniFeron — medicine for dogs (by Uladzimir Prakulievich).

Flama (by Dzmitry Hubar) — gas generator production line.

TurboSphere (Kiryla Liaukou) — procession of greenhouse gases in micro turbines.

Tire processing plant (by Aliaksandr Paliejeu).

Cell medicines for skin (by Hanna Bucienka).

Plazmamiet (by Siarhiej Bahajeu) — metal procession production and consulting enterprise.

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