500K Rubles to the Best Oil Refining Innovation Projects

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Mirrico Group of Companies and YellowRockets announce call for applications to the competition in the Mirrico Startup Challenge — call for proposals in petrochemical industry.


The competition is held among the projects that:

  • develop technologies and chemical products in the sphere of oil and gas recovery, treatment, transportation, refining;
  • deal with post-consumer recycling of waste water of industrial enterprises and industrial water supply enterprises;
  • provide IT solutions for business processes optimization and performance management sensors.

Projects at any stage from an idea to operating businesses may participate.

Projects will be assessed by Mirrico Group of Companies top managers, heads of subdivisions, heads of scientific and research laboratories and YellowRockets.vc investment analysts.

Competition prize fund is 500K rubles. The best project will receive 300K rubles, second place and third place projects – 125K and 75K rubles accordingly.

Besides, teams will get specific expert reviews of the projects, investment potential assessment from YellowRockets.vc and Mirrico Group of Companies venture capital analysts as well as individual advice on the project development. Best projects will be able to partner up with Mirrico Group of Companies, enter into commercial contracts and pilot implementation contracts.

Apply for the competition till 28 February on the official website.

Mirrico Group of Companies is a Russian group of manufacturing and services companies. The main business activities are production and supply of various chemical agents for fuel and energy complex. Having consolidated their positions on the Russian market, the company pursues export policy now marketing their products in the Central East, Southeast Asia, Middle East and North Africa. The company won the Exporter of the Year competition in 2017. Over 18 years of work the portfolio of the group of companies has included unique technologies equal to or better than foreign counterparts by a complex of benefits: high efficiency, sustainability, operational flexibility and recovery capability.

Among the consumers of the goods and services are most RF major companies of oil and gas processing industry, iron and steel works, drilling companies including Rosneft, Gazpromneft, Lukoil, Tatneft, Slavneft, Bashneft, Usinskgeoneft, NLMK, SSK and others.

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