Ilim Will Select up to 20 Startups from the GreenTech Accelerator Pool

Ilim Group starts searching for innovation projects and technologies using Skolkovo GreenTech StartUp Booster program, the first Russian accelerator for technology startups with a focus on environment.

«Илим» отберет до 20 стартапов на площадке акселератора GreenTech

Ilim Group has the standing Development and Innovations Committee set up to scout, assess and implement economically efficient cutting-edge process, product and digital solutions. The Company will be considering ideas and solutions in several priority areas, including carbon footprint reduction, waste recycling and other ESG focus areas.

“Our Company sees environmental initiatives and innovations as priority and organic focus areas ensuring its sustainable development in the long term and Skolkovo GreenTech Startup Booster program brings together these development vectors and deliver synergies. We expect that joint scouting will allow us to find new technologies aimed to improve the quality of life and contribute to environmental sustainability. Such programs allow us to look at global ESG challenges such as carbon footprint reduction, waste recycling and others from a different angle. We also attach particular importance to cooperation with young professionals and scouting for talent willing to work in one of the fastest-growing and promising green industries”, said Vadim Drujina, Senior Vice-President, Strategic Development, Ilim Group.

“Technology innovations offer significant opportunities for implementation of the large corporations’ sustainable growth strategies. With its GreenTech Startup Booster program, Skolkovo Fund pools efforts of large Russian and international corporations to develop technologies that create the foundation for a green economy in Russia. Ilim Group, the partner of our accelerator program, has competencies and experience in development and implementation of innovations that offer additional opportunities and create new markets for technology startups”, said Mikhail Tykuchinsky, Development Director, Energy Efficiency Cluster, Skolkovo Fund.

As part of the GreenTech StartUp Booster program, Ilim expects to find projects which will help utilize the biomass of the entire tree in the production process as well as projects for value-added processing of by-product forest chemicals with the use of “green technologies” compliant with ESG standards being the key selection criterion.

Ilim intends to select up to 20 projects from the GreenTech StartUp Booster project pool for further development in order to evaluate opportunities for implementation of these projects at its locations. One can apply for participation in the program by September 30, 2021 on the website

Reference information: Ilim Group is an international joint venture and the largest manufacturer of pulp and packaging materials both in Russia and worldwide. The Company manages more than 8 million ha of forests and exports more than 70% of its products.

GreenTech Startup Booster is an annual accelerator program aimed to search for and facilitate the implementation of technology startups focused on environmental improvements, reduction of the environmental footprint and sustainable development.