The Yandex Cloud cloud platform has expanded the Yandex Cloud Boost program for accelerators, venture funds and business angels. Its startups that are involved in the IT field will be able to receive up to 5 million rubles in grants for the development of digital products, Yandex Cloud said in a statement.
The platform will decide on the subsidies “according to the market and technological potential of the startups.”
As part of the program, startups will be able to use the services of Yandex and its partners: for example, find developers, testers, and other technical graduates on Yandex Practicum. Participants are also promised priority technical support, one-on-one consultations with Yandex Cloud architects, and access to closed tests of platform services.
Businesses will also be able to reduce IT infrastructure costs, scale computing resources under load, store and process data securely, transition seamlessly from product development to business operation. For example, it will be possible to host static sites on Yandex Object Storage and implement internal product analytics systems on Yandex Managed Service for ClickHouse.
More than 50 organizations have joined the program, including: Startech.vc, Ingria Business Incubator, IIDF, Syndicat Venture Club, MUIV.Lab, Phystech Ventures, Moscow Seed Fund, Astana Hub, Kama Flow and NTI Venture Fund, Startup Lab, Solyanka. and others.
More than 1,000 companies have participated in the Cloud Boost program since its inception. The total amount of grants amounted to 225 million rubles.
Author:
anastasia mariana
Source: RB

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