Sputnik
startups face a high failure rate, with up to 92% closing within their first year. The root causes are a lack of proper business planning, founder inexperience, limited resources, and challenges in attracting investors. Young entrepreneurs, in particular, struggle due to the absence of accessible tools to validate their ideas and receive essential support. Our platform, Sputnik, tackles this issue with AI-powered tools that generate comprehensive business plans in 20 minutes, perform market analysis, assess risks, match entrepreneurs with investors, and offer management tools for business growth. Our goal within the BRICS framework is to reduce startup failure rates by providing effective solutions for business planning and scaling, while streamlining the capital attraction process to foster economic growth and innovation across BRICS nations
Artificial Intelligence And Digital Services
Artificial intelligence
The implementation of our platform started in January 2024, and it has taken approximately 9 months to reach the current stage, where 28 out of 35 planned features are fully operational. The platform has been tested with over 400 users and continues to evolve with additional features and regional adaptations. The estimated full implementation timeline is expected to extend into 2026 as we continue to refine the platform and expand into new regions
Our platform is currently implemented in Russia, with plans for expansion into other BRICS countries, including Brazil, India, China, and South Africa. We are also exploring opportunities in nearby regions such as Belarus and Serbia, adapting the platform for local markets to provide tailored business support and investment opportunities in each locale. The platform's scalability allows for easy localization, enabling smooth integration into different economic and regulatory environments across these region
Our platform is competitive because it’s not just a business plan tool but an entire ecosystem connecting entrepreneurs, investors, and accelerators. We offer AI-driven business support across the entire lifecycle—idea validation, market analysis, investor matchmaking, and ongoing business optimization. Unlike narrow-focused platforms, we integrate real-time data, expert-validated templates, and dynamic project scoring. This ensures higher success rates for startups, standardized tools for accelerators, and reliable opportunities for investors, all in one place
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