startup crash test

Ukrainians crash-test their startups every month. Do you?

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[Ukraine] The 10th Startup Crash Test event took place on 29 January in Kiev, Ukraine. Startup Crash Test (SCT) is a monthly event aimed at “stress testing” Ukrainian web-related startups’ market strategy, business model, distribution, roadmap, etc. Apart from that, each SCT event provides pre-selected startups with feedback and practical advice. SCT also brings together startups and angel/VC investors and serves as a screening and investment vehicle for local angels/VCs, thereby creating opportunities for both investment and entrepreneurial community in Ukraine.

Since its inception about a year ago, SCT has established itself as the major monthly event for Ukrainian startups, and a steadily growing audience of each new SCT event testifies to the growing popularity of SCT with Ukrainian tech entrepreneurs and angel/VC investors. A further evidence of the SCT model success and popularity is its spread to Russia, were the first SCT event will be held on February 6 in Saint Petersburg.

About 1,000 startup professionals and investors have attended SCT events at least two times, with the core audience numbering about 300 people. The number of attendees has been growing at +20% each month. The latest SCT event gathered the record number of 230 attendees. Among those attending were representatives of 12 VC funds and more than 10 angel investors.

The panel discussion at the 10th SCT event was dedicated to all issues related to fundraising by startups. The panelists were representatives of the leading investment funds operating in Ukraine, such as Kvazar Micro, Vivex Invest, eVentures Capital Partners, Decarta Capital, and P&S Group.

The panel discussion was followed by presentations/pitches of six startups, including three regular 15-min. presentations and three 90-sec. “flash” pitches. According to the audience response, the best presentation was made by Kabanchi.

The “flash” pitches were assessed by votes from the audience and the flash pitch which got the largest number of votes will be provided with an opportunity to make a regular presentation at the next event, which will take place on February 26.

  • Ben Werdmuller

    Can we have one of these in London please?

    I think this helps people think in terms of a business model as opposed to just a cool idea, but it also promotes apps and primary software businesses (as opposed to services like Drupal developers, digital agencies and so on). More innovation is good.

  • Carlos

    I think you mean it took place on JANUARY 29. Unless these Ukranians have managed to solve the problem of time travel! :-)

    • Valery

      yep, on their site stated: 29. Jan 2010

  • Denis Dovgopoliy

    if you want to have Startup Crash Test in you city send e-mail to nikolay.savin at g

  • Duncan

    Sounds quite like BetaGroup in Belgium

  • Martin

    Sounds like a really cool event and approach!

  • Petr Didenko

    I’m so impressed by a number of people interested in event with so new format, especially in Ukraine! You’re cool!

  • elvirs

    I will try to attend the following events, looking forward to meet entrepreneurs from Ukraine.

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  • Dimitri Popov

    Please see the English presentation for here:

    Many presentations are video-recorded, as well as the panels and flash pitches. We try to have more and more English presentations and panels, like the one in the upcoming Startup Crash Test on Feb 26, 2010

  • Serg Samixon

    Denis, I think you should expand Startup Crash Test to worldwide scale. And I hope that foreign entrepreneurs and investors may share lots of impotent things with Ukrainian audience.

    Startup Crash Test 11 gave a great experience to me. Thanx to all organizers.

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